Dec 12, 2013 — The state will kick in $7 million for two hotel projects in Saranac Lake, a commitment that local leaders in the village say will usher in "an epoch of progress and prosperity."
The new owners of the Hotel Saranac received the $5 million they requested to buy and renovate the iconic building in the heart of the village's downtown. Also, developers of a proposed 90-room, upscale resort hotel on Lake Flower received $2 million of the $2.2 million they asked for. Go to full article
The sign above the Hotel Saranac has long welcomed visitors, but for years the destination has been in decline. Photo: Susan Waters
Aug 22, 2013 — Gov. Andrew Cuomo has taken an interest in a New Hampshire-based company's plan to buy and renovate an iconic hotel in downtown Saranac Lake. The governor participated in a conference call Monday about Roedel Companies' proposal to acquire the Hotel Saranac.
On Tuesday, Cuomo dispatched the head of Empire State Development to Saranac Lake for a meeting with the project's developer, who's seeking $5 million from the state.
The pending sale of the Hotel Saranac is one of two major hotel deals announced within two weeks of each other this summer in Saranac Lake. Both projects have been generating a lot of interest and plenty of enthusiasm in the community. Go to full article
Dec 16, 2005 — A column of black smoke rose over Lake Placid yesterday as part of a historic restaurant and resort burned to the ground. An apparent kitchen fire in an annex at the Lake Placid Lodge broke out some time after 9 o'clock. There were no injuries. The main structure also suffered smoke and water damage. The Lodge -- first built in 1882 -- was one of the Adirondacks' premier luxury hotels, attracting famous guests including Britney Spears and Bill Gates. As Brian Mann reports, the fire could leave some of the resort's employees out of work just as the busy holiday season gets underway. Go to full article