Tag: hotel niagara

    Building a better Niagara Falls

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    This seems to be an op-ed by Andrew Touma, a member of the Niagara Falls, NY City Council:

    When I ran to become a Niagara Falls city councilman three and half years ago, it was based on the premise of being honest, putting residents first and listening to them, and working together with all stakeholders to make Niagara Falls a better place to live, play and work. My campaign centered on improving economic development, and in turn, growing our job market.

    Since 2014, we have effectively used casino dollars to generate economic development in Niagara Falls. In just over three years we have issued seven loans and 34 grants in the amount of $1,794,771.54 to a variety of businesses. In turn, private developers invested $44,403,659.53 toward the projects. Meanwhile, 208 full-time jobs were created in addition to 63 part-time jobs. That’s progress! Now we have the recent announcement of the $42 million project to create a new Hotel Niagara.

    Historic Niagara Falls “Hotel Niagara” to see major transformation

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    From WIVB Channel 4 in Buffalo:

    “It fell into disrepair and it sat, and now it’s coming back to life,” said Governor Andrew Cuomo.

    Governor Cuomo toured the inside of the Hotel Niagara that is soon set to see a major transformation. The historic hotel that has been vacant for many years is where Marilyn Monroe stayed back in the 1950’s.

    “It’s coming back to life in a modern version but with all the beauty of that history,” said Cuomo.

    See also:

    Hotel Niagara sale expected by end of summer

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    From the Niagara Gazette:

    After May reports that the Hotel Niagara’s sale would finalize in June, undisclosed delays have pushed the closure date to the end of summer.

    In addition, an invitation obtained by the Niagara Gazette this past week advertises a “rare investment opportunity” at the historic Hotel Niagara, with recipients invited to consider the $199,900 purchase price for a fully furnished suite or the possibility of obtaining a limited quantity of $99,900 suites contingent upon a 120-day payment plan. Private tours are being conducted today.

    Hotel Niagara Renovation Underway

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    From WKBW Channel 7 in Buffalo:

    Work is underway to restore the Hotel Niagara in Niagara Falls, NY. The project has gotten some press lately. Now a report in this week’s Business First takes an in-depth look.

    Developer Harry Stinson is tackling the $24 million renovation. Some say it is a major piece of rebuilding downtown Niagara Falls.

    Hope for shuttered Hotel Niagara

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    From the Niagara Gazette:

    If the building’s owner has his way, an historic hotel that has languished for years in downtown Niagara Falls will be reopened by next summer.

    Hamilton, Ont., developer Harry Stinson said Monday design work on his plan for a new-look Hotel Niagara is nearly completed and he’s expecting interior demolition to begin on site next month.

    Auction of former Hotel Niagara goes to Vancouver bidder for $1.25 million

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    From the Buffalo News:

    A 30-year-old Vancouver man placed the winning $1.25 million bid for the former Hotel Niagara at an auction Tuesday.

    Jamil Kara said he plans to turn the 12-story building at Rainbow Boulevard and First Street downtown into a boutique hotel and condominiums.

    Kara, who was one of 10 qualified bidders, said that he has been in the condo and hotel business for about seven years and that his development group owns several high-rises in the British Columbia city.

    He said he also was involved in the Film Work Lofts, a recently completed project in Hamilton, Ont.

    193-room Hotel Niagara headed to the auction block

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    From the Buffalo News:

    The once-elegant 12-story Hotel Niagara, built in 1924 with 193 rooms, is going on the foreclosure auction block.

    The hotel, which has been closed for some time, has fallen on hard economic times and needs modernization if it is to remain competitive. It has been the subject of a mechanic’s lien, owes back taxes and has been condemned for occupancy because of the lack of heat and water during a reconstruction effort.

    Condemnation for Hotel Niagara?

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    From the Niagara Gazette:

    It appears as though the old Hotel Niagara is headed for condemnation.

    City council members learned Monday that a recent inspection of the Rainbow Boulevard property revealed several areas of concern, including the lack of electricity, heat and an operational fire protection system inside the building.

    Chief Code Enforcement Officer Dennis Virtuoso stopped short of saying the building would be condemned but said representatives from his office would pay a visit sometime today.

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