Press-Republican

Business

October 26, 2013

Hotel Saranac closes as sale nears

SARANAC LAKE — With the sale of Hotel Saranac near closing, the owners have closed the guest-room doors.

Sewa Arora has owned the historic downtown hotel for some seven years and is selling it to Roedel Companies, a hotel investment and construction company based in Wilton, N.H.

He said Friday that they have formally closed the hotel and are no longer taking reservations.

“We decided a couple days back,” the hotel owner said, relaying that the property’s sale should be final in the next couple of weeks.

Arora is confident the new operators with Roedel are right for the hotel.

“The buyer is a professional operator. They have been in the business of constructing hotels and operating hotels for the last 50 years. They are very, very professional. They plan to spend a large sum of money, $10 million to $12 million, to renovate the place.”

DONATING CONTENTS

The interior room furnishings are not part of the sale, Arora said.

“We have 86 rooms with 120 beds and all furnishings: blankets, box spring mattresses, desks, chairs, 100 air conditioners, coffeemakers, hairdryers — everything in the hotel is ours. So we decided, instead of selling it, it would be a good gesture to donate all of the contents.”

The bulk items in large amounts will go to a nonprofit in Albany.

“The Catholic Charity of the Diocese of Albany is willing and able to take a large amount of donations,” Arora said.

But the hotel bedding will be used here by the Saranac Lake Ecumenical Council, which aims to establish a homeless shelter in Saranac Lake. 

Made up of some 10 churches in the region, the council works to interconnect church support and outreach efforts.

WILL WASH AND FOLD

Ecumenical Council President Rich Loeber said the donation is welcome and helpful.

“We’re working to try to establish a homeless shelter in Saranac Lake. The nearest shelter is in Malone, and Essex County doesn’t have one either.

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