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Sunday, October 12, 2008
 
Adelphi Hotel for sale
07/03/2008 02:44 PM
By: Dave Detling

SARATOGA SPRINGS, N.Y. -- It's a piece of Saratoga Springs history, and it could be yours for the taking. That is, if you can pony up the cash.


How about adding the Adelphi Hotel to your collection of all things Saratoga? The historic landmark is up for sale. But if you want it, you'll have to shell out nearly $8 million. The hotel's owner, Sheila Parkert, has already lowered the asking price.

Adelphi Hotel for sale
It's a piece of Saratoga Springs history, and it could be yours for the taking. That is, if you can pony up the cash. Our Dave Detling joins us from the Saratoga bureau with the details.
So what will that hefty price-tag get you? How about 39 rooms, an opulent lobby, historic decor and not to mention plenty of guests.

The Broadway icon has been around for more than 130 years and it's up for sale for the second time. People are asking why it's up for sale yet again. The owner has not commented and is not saying whether any buyers have been lined up.





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