Muroff Hospitality in the news…
The Central Downtown Inn & Suites in Pittsfield has sold for 2.7 million
The 26-suite Central Downtown Inn & Suites was sold by Rivera Properties LLC — a subsidiary of Mill Town Capital — to Ranjit Singh on Feb. 28, according to Mitch Muroff of Muroff Hospitality Group, which represented Rivera Properties in the sale…
Riverside cottages in Warren County hit the market for $2.65M
A cluster of cottages on the eastern bank of the Hudson River in Warren County has been put on the market for $2.65 million. Whispering Pines Cottages in Lake Luzerne includes a 7-bedroom lodge, 4-bedroom house and nearly a dozen 2-bedroom cottages…
Fire Island Pines Commercial Real Estate Empire Sale Now Closed
The Harbor-facing properties in Fire Island Pines are now officially sold, according to a recent announcement made by Muroff Hospitality Group. Located on southern Long Island, 60 miles east of Manhattan, the property stretches along 320 feet…
Fire Island Pines Resort sold for $15.5 million
Fire Island Pines Resort has sold for $15.5 million to entrepreneur Tristan Schukraft. The resort, which makes up about 75% of commercial property in the Pines, includes The Canteen, The Blue Whale, The Pavilion, Tola, Camp, Handsome, and more…
Muroff Hospitality Group complete $15.5 million sale of Fire Island Pines
Fire Island, NY — Muroff Hospitality Group has completed the $15.5 million sale of the Harbor-facing properties. Located on southern Long Island, 60 miles east of Manhattan, the property stretches along 320 feet of the main pedestrian promenade…
Hotel owners are earning millions in contracts by turning their suburban outposts into shelters for homeless and migrants
The migrants, many with small children or pregnant, arrived at the former Days Inn Hotel by the busload in October 2022. Business travelers might have steered clear of the hotel just off Interstate 93…
Roaring Brook Ranch Resort hits market again, this time for $10.5 million
A real estate investor from India has listed the 135-room Roaring Brook Ranch Resort off Route 9N in Lake George for sale — along with 240 acres that can be developed. Ajay Dhar of New Delhi has listed the nearly 280-acre property for $10.5 million…
Resort motel, boat storage near the Lake George outlets sold
The Mohican Resort Motel in Queensbury sold for $2.7M to Amit and Payal Kumar, with a separate boat storage building sold to Boats by George. The 44-room property features pools, suites, and amenities on 4.69 acres near the Lake George outlets.
Muroff Hospitality Group announces sale of the Mohican Resort of Lake George
Lake George, NY Muroff Hospitality Group has completed the sale of The Mohican Resort of Lake George and the 8,000 s/f Boats by George Storage Building, located at 1545 State Rte. 9. Both properties were owned by Chad Nims (1545 State Route 9 LLC). The entire property is 4.69 acres and was...
Sale of Luzerne’s Lamplight
Forty years ago, Gene and Linda Merlino took a leap, bought a building dating from 1890 in Lake Luzerne and turned it into the Lamplight Inn Bed & Breakfast. “It was a total whim,” says Linda. “We were talking about making a change in our lives. We were going to bed & breakfasts and said ‘this…
Lake Luzerne inn sold to Pennsylvania couple
A Pennsylvania couple has purchased The Lamplight Inn Bed & Breakfast in Lake Luzerne, the Adirondacks town southwest of Lake George village, for $1.255 million. George and Mary Haleem bought the Victorian inn at 231 Lake Ave. from Eugene and Linda Merlino. The transaction closed on April 30…
Muroff Hospitality Group completes the sale of The Lamplight Inn Bed & Breakfast for $1.255 million
Lake Luzerne, NY Muroff Hospitality Group completed the sale of The Lamplight Inn Bed & Breakfast; 231 Lake Ave. Known as “The Jewel of the Adirondacks,” this award-winning property features 12 suites, a dining room and a spacious owner’s apartment. There is an expansive wrap around porch…
Glamping resort hits the market for $2.5 million
An 81.68-acre riverfront glamping resort in Washington County was listed for sale last month at $2.495 million. The Preserve on the Battenkill at 935 State Route 313 in Cambridge is listed with Mitch Muroff of Muroff Hospitality Group in Newton, Massachusetts. The resort is just west of Vermont’s…
Lake George hotel listed for $2.5 million
The Baymont by Wyndham in Lake George is up for sale. The hotel at 439 Canada St. was listed for sale this month at nearly $2.5 million. The owners, the Shah family, decided to sell for personal reasons, according to to listing agent Mitchell Muroff of Muroff Hospitality Group. The Shah family…
Landmark Lake George restaurant for sale after 70 years in business
Mario’s Restaurant of Lake George has hit the market. The family-owned Italian restaurant at 429 Canada St. is listed for sale for nearly $2.4 million, which includes the business and the property. The owners, Paul and Nancy Nichols, are retiring, according to listing agent Mitchell Muroff…
Former Brodie Mountain Ski Resort sold
The former Brodie Mountain Ski Resort in the Berkshires sold for $995,000. The 500-acre property in New Ashford, Massachusetts, was bought by Oifer Industries LLC of Florida, according to Mitch Muroff of Muroff Hospitality Group in Newton, Massachusetts. The deal closed Nov. 17. The LLC includes…
Brodie Mountain sold to group of Florida investors for just under $1 million
NEW ASHFORD — The former Brodie Mountain ski resort has sold at auction for $975,000 to a group of four Florida investors who plan to unveil their plans for the property in the spring. The 500-acre property had been on the market for two years and had been dormant for much longer, after Jiminy…
After bankruptcy, popular Fire Island resort hits market for $17M
A majority of one of Fire Island’s best known resorts is on the market after its owners filed for bankruptcy earlier this year. Approximately 75 percent of the Fire Island Pines Resort commercial district is being offered for $17.2 million, Muroff Hospitality Group announced this week. The…
Oregon hotel owner makes first acquisition in New York
After a decade operating hotels on the West Coast, David Mogg and Newtro Hospitality made their first investment in New York state, acquiring The Birches Motel on Route 9 in Wilton with plans to convert the property into a boutique inn with a “girls’ weekend getaway vibe.” Mogg, who grew up in…
Muroff Hospitality completes $1.5 millionsale of The Econolodge to Zamp Utica
May 16, 2023 – Upstate New York Utica, NY Muroff Hospitality Group has sold The Econolodge; 309 N Genesee St. This updated economy franchised hotel boasts 40 guestrooms on two floors with a mix of interior and exterior access. It’s located immediately off I-90 Exit 31 insures a constant mix of...
Lake George A&W getting facelift under new owner
There aren’t a lot of A&W fast food restaurant locations left in the North Country. Former places to get a burger in Queensbury and Whitehall are memories now. In Lake George, though, a longtime franchisee has been a staple of the summer tourist season. This summer, the Lake George A&W on Route…
Sold! Lake George A&W for $605K
The Lake George A&W has sold for $605k, realtor Mitchell Muroff told The Chronicle. Hao Yang has purchased the 2208 Route 9 business from Wayne Pelak/CKHSW Corp. Mr. Muroff said Mr. Yang is a restaurant owner in the Albany area who intends to keep operating as an A&W. Mr. Yang has completed the…
Saratoga real estate agent acquires Hide-A-Way Waterfront Cottages in Lake Luzerne
Real estate agent Mary Diehl Gibson has purchased the Hide-A-Way Waterfront Cottages overlooking Lake Vanare in Lake Luzerne for $1.75 million. Diehl Gibson and her family bought the 3.8-acre resort with 13 cabins and a two-story, 2,400-square-foot home from longtime resort owner and operator…
Former Copperfield in North Creek sells for 1.94 million
Chronicle staff writer Zander Frost writes The Phoenix Inn, formerly the Copperfield Inn, in North Creek sold for $1.94-million on February 1, Realtor Mitchell Muroff told The Chronicle. Mr. Muroff said the buyers are a daughter and father, Zihan “Hannah” Ren and Buhai Ren, from Chelsea…
Phoenix Inn Hotel sells for $1.94 million
A father-and-daughter investment team from Chelsea, Massachusetts, have purchased the Phoenix Inn Hotel in North Creek for $1.94 million, marking the second ownership change for the Adirondacks resort in three years. Buhai Ren and his daughter, Zihan “Hannah” Ren, acquired the 31-room hotel…
Lake Terrace Resort On Lake George Has New Owners After Site Sells For $7.4 Million
Lakefront Terrace Resort was the latest hotel to change hands in what was a busy year for the sale of Lake George vacation resorts. Located less than one mile from Lake George village, the 2998 Lake Shore Drive property features 73 rooms and a 150-foot private beach.
Former Texas prosecutor sells Lake George resort for $7.4 million
Former Texas prosecutor Ken McGurk has sold Lakefront Terrace Resort on Lake George to his cousins for $7.4 million following a multiyear $2 million renovation. McGurk, who spent several years prosecuting white collar crimes as a special assistant in the U.S. Attorney’s office in Dallas, had…
Ruff Picketty purchases retail property in Fire Island
Ruff Picketty LLC has just purchased the retail property 41-45 Picketty Ruff Walk in Fire Island for $1.2 million. This is the first time in 60 years that this property has changed ownership. The property, which is located at the entrance to Fire Island Pines, features several boutiques, a…
Roaring Brook Ranch Resort hits market for $7.5 million
A real estate investor from India has put his 135-room Roaring Brook Ranch Resort off Route 9N in Lake George on the market following a three-year, $5 million renovation. Ajay Dhar of New Delhi, who purchased the hotel and conference center with his sister in 2019, has listed the 35-acre resort…
The Exclusive New York Isle’s Legendary Hotel and Nightclub is Rare Real Estate
Fire Island doesn’t see a lot of deals go down. The small, development-resilient summer paradise accessible only by boat from New York’s Long Island barely even sees properties go up for sale. But last year, the island’s largest resort — rooting back to 1882 and serving as an LGBTQ staple for…
Fire Island’s largest hotel and resort sold for $7.2 million
Bowline Hospitality Group, a Key West, Florida-based hospitality focused private equity firm, has purchased Fire Island’s Ice Palace resort for $7.2 million. The purchase includes the Grove Hotel, Fire Island’s largest hotel boasting 63 rooms along with the Ice Palace night club, a popular LGBT…
Muroff of Muroff Hospitality Group handles $1.125 million hotel sale
Ilion, NY Muroff Hospitality Group handled the sale of the Motel 6, located at 345 E Main St. The hotel traded for $1.125 million. The seller was Shreyarsh Corporation and the buyer was Midas Touch Gevaldig LLC. Mitch Muroff of Muroff Hospitality Group represented the seller and secured the…
Mitch Muroff started in hospitality. Now he sells it in Lake George.
Broker Mitch Muroff spent a lot of time throughout the Covid-19 pandemic negotiating real estate deals with manufacturing executives, tax analysts, financial advisers and hotel owners as Adirondack Mountains resort properties became a safe haven for investors looking for a place to park their…
Muroff Hospitality Group has completed the sale of Vinehurst Inn & Suites.
Hammondsport, NY Muroff Hospitality Group has completed the sale of Vinehurst Inn & Suites. The Seller was Vinehurst Retreat LLC and the Tinta family and the buyer was Vinehurst Stays LLC and the Kapoor family. The sales price was $1.2 million. Mitch Muroff of Muroff Hospitality Group…
Hammondsport inn’s new owners have grand vision: See what’s new at Vinehurst Inn & Suites
A popular Finger Lakes inn has new owners and a new plan to welcome visitors year-round as Steuben County’s lodging industry rebounds from the COVID-19 pandemic. Vinehurst Inn & Suites, located on State Route 54 in Hammondsport, was recently purchased by Baldev and Neeta Kapoor. This is the…
Berkshire’s Brodie Mountain finds a buyer
The historic, long-shuttered Brodie Mountain ski resort in the Berkshires appears to have found an interested buyer. The broker handling the sale of Brodie, which is three miles from Jiminy Peak, says the sellers have an accepted offer on the 500-acre property. If they move forward and go under…
The former Brodie Mountain ski resort is up for sale, and for a reduced price
NEW ASHFORD — If there’s anybody in the market for an iconic ski resort that has been closed for nearly two decades, now’s the time to make your move. The former Brodie Mountain ski resort, home of the legendary St. Patrick’s Day celebration with green ski slopes, leprechaun costumes and rowdy…
Long Island executive buys second Lake George resort
Long Island manufacturer Robert Hansen has purchased the 3.4-acre Country Cottages & Motel on Vito Road in Diamond Point from longtime owners Cesare and Virginia Portes for $2.75 million. The sale closed Dec. 28. Broker Mitch Muroff of Muroff Hospitality Group handled both sides of the…
Lantern House Motel Sold by Muroff Hospitality Group
GREAT BARRINGTON — Muroff Hospitality Group recently announced the sale of The Lantern House Motel, located at 256 Stockbridge Road in Great Barrington. The seller was Bharti and Hasmukh Patel, on behalf of Lantern House Nominee Trust and Shree Pramukh Swami Maharaj, Inc. and the buyer was…
Flamingo Resort On Lake George Purchased By Massachusetts Real Estate Developer
Chris Kozaczka, a Massachusetts real estate investor and tax analyst, and his family purchased the 65-year-old Flamingo Resort located at 3914 Lake Shore Dr, Diamond Point. The seller was Flamingo Resort Holding LLC and Flamingo Lake George Inc., which is George Pasternak and his sister…
Lake George Suites resort in Diamond Point sells for $3.2 million
By Robin K. Cooper – Reporter, Albany Business Review Jun 18, 2021, 8:46am EDT The owner of a Long Island air conditioner and pump manufacturing company has purchased a Lake George resort with suites, a six-bedroom home and 20 boat slips for $3.2 million. R.E. Hansen Industries Inc....
Belvedere Inn sold in Rotterdam
The Belvedere Inn, a 31-room boutique hotel in Rotterdam, sold for $1.72 million to two brothers who own hotels in New England. Jimit Patel and Krunal Patel bought the property at 1926 Curry Road from the Mallozzi family, according to Mitch Muroff of Muroff Hospitality Group in Newton…
The Belvedere Inn sold, owners’ catering business to continue
SCHENECTADY—The Belvedere Inn, a 31-room boutique hotel, sold for $1,725,000 on Friday. The Mallozzi family opened the hotel, which is located on Curry Road 15 minutes from downtown Schenectady, in 2002. They decided to sell it to focus on their catering and restaurant business. The Mallozzi…
Dagget Lake And Campgrounds Sells For $2.8 Million, New Owners To Keep Existing Use
Dagget Lake Campsites and Cottages in the town of Thurman has been sold. Mitch Muroff of Muroff Hospitality Group said owners Tom Near and Pamela Finnegan sold the property at 660 Glen Athol Road in Thurman for $2.8 million. “They owned it for 25 years. Tom wanted to spend more time in Florida…
Former Colonial Manor resort hits the market for just under $3 million
Colonial Manor, a former resort overlooking the Catskill Mountains that for decades served as a summer retreat for families looking to escape life in New Jersey and New York City, is on the market for $2.99 million. Goldstar Trust Co. of Amarillo, Texas, has listed the 64-plus-acre property in…
Daggett Lake Campsite and Cottages Sells for $2.8 million
Terry Crikelair and Adirondack Preserve LLC have purchased the 400-acre Daggett Lake Campsite and Cottages near Warrensburg for $2.8 million in cash. Broker Mitch Muroff of Muroff Hospitality Group represented sellers Tom Near and Pamela Finnegan of Daggett Lake Campsites Inc. The transaction…
Copperfield Inn in North Creek sold for $1 million; Business to be renamed
The Copperfield Inn as seen in this undated photo. The North Creek business was purchased by Diana Espalza of New York City for $1 million. NORTH CREEK — The Copperfield Inn Resort, a mainstay of the North Country, has been sold for $1 million to a New York City catering hall and restaurant owner.
Copperfield Inn acquired by New York City investor
NORTH CREEK – The Copperfield Inn Resort near the Gore Mountain ski area in North Creek has been acquired by former New York City catering hall and restaurant operator Diana Espalza. The 31-room Adirondacks lodge and two restaurants were purchased for $1 million almost six months after the…
North Utica hotel sold for $935K
UTICA — The Econolodge, a limited-service hotel, was sold for $935,000 on Monday, according to an announcement from the Mitch Muroff Hospitality Group. The hotel, located at 309 N. Genesee St. in Utica, was sold by S&A Management Inc. to Hisahasumaja LLC., which owns similar area properties…
Mitch Muroff Brokers $7.3M Sale of Wingate by Wyndham – Lake George
LAKE GEORGE, N.Y. — Mitch Muroff Hospitality Group has brokered the sale of The Wingate by Wyndham – Lake George in Lake George. HELI IP LLC acquired the hotel for $7.3 million from seller Adirondack Lodging LLC. The Wingate opened in 2007 and includes 96 updated guestrooms and suites as well…
Landmark Motor Inn, South Glens Falls, Sold By Naja Family After 43 Years In Business
The Landmark Motor Inn, 1418 Saratoga Road in South Glens Falls, has sold for $3.67 million, according to the Mitch Muroff Hospitality Group, which brokered the transaction with Vanguard-Fine. The seller was John Naja of Landmark Motor Lodge Corp. and the buyer was Nadeem Lodging Corp., which…
Sale Of Fran Cove Motel Latest In Increased Motel Real Estate Sales In Lake George Area
The Fran Cove Motel on Route 9 in Lake George, a recently modernized facility about half a mile from the lake, was recently purchased by Mudassar (Manny) and Ahmad Ghuman, for $1.1 million. The acquisition is the ninth motel in the area owned by members of their family, but the first venture…
Ramada Inn Queensbury/Lake George Sells For $3.2M; New Owners Plan Improvements
The Ramada Queensbury/Lake George, a 110-room hotel at 1 Abbey Lane, Queensbury, has new owners. According to the Mitch Muroff Hospitality Group, Ramji Patel and family sold the hotel to Paresh Patel, Darsham Patel, Minesh Hirpana and Akash Patel. The transaction closed on Sept. 26 for a price…