Seymour Weiss, took ownership of the Roosevelt Hotel in 1934 and wanted to create a second bar in the hotel and name it after the city’s signature cocktail, the Sazerac. In 1949, Weiss bought the rights to the name “Sazerac Bar” from the Sazerac Company and renovated a store front on Baronne Street that previously was wine and spirits shop, naming it the Sazerac Bar, slated to open on Sept. 26, 1949.