Kerhonkson, NY – The Hudson Valley Resort has been sold for $19 million to a New York City developer who intends to build 250 single-family homes on the 550-acre site while “retargeting” the resort’s prospective clientele.
Join our WhatsApp groupSubscribe to our Daily Roundup Email
The new owner, Elliot Spitzer (not the attorney general), won’t take over operation of the resort for at least another six months.
When that happens, plans call for a retargeting of its potential clientele and focusing “on the significant Jewish population that traditionally visits the area.”
I am concerned that there has been no clarifying statement about this commercial property re: its continued commercial status on the tax rolls. The taxpayers will undoubtedly be glad to see this property up and running. It has been a source of employment & income to local residents and an appreciable source of tax revenue for the town & county.. It is my understanding that the developers are planning to sell off part of the property as private housing. Is that what they really mean or, do they have something else in mind? The article was not clear on this point. Single family homes privately owned? I think we really need more information on this to clarify their intentions. If that hasn’t been spelled out, the town needs to get clarification before the transaction is finalized. Make it clear that the property cannot be removed from the tax rolls, as other properties in the county have done in recent years. (Remember what happened to the golf course in Walker Valley)? Commercial, TAXABLE property is what it is. The hotel isn’t a religious retreat or property to become nominally owned/operated by a congregation, etc. That is not an option acceptible to the tax payers.