Friday
November 10, 2017


 

 

 

Kingston boutique hotels developer seeks Ulster IDA benefits

KINGSTON – Hudson Valley Kingston Development, a company that is developing four boutique hotels in the City of Kingston, is seeking financial benefits through the Ulster County Industrial Development Agency.

IDA Board Chairman John Morrow said the company is halfway through the state environmental process.

“They have completed the SEQR review on two of the four and they are having a public hearing next week in the City of Kingston on the other two,” Morrow said. “We couldn’t so we could approve any PILOTs for them at this point until they complete their SEQR review and come back to us. So they will be back to us for final approval on the entire project.”

The hotels will be in Uptown Kingston at 41 Pearl Street, 270 Fair Street, 24 John Street and 301 Wall Street. The company has asked for a 10-year payment-in-lieu of taxes and sales and mortgage tax exemption.

 


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