WOODSTOCK – Woodstock Way is a planned hotel in downtown Woodstock that is seeking financial incentives from the Ulster County Industrial Development Agency.
The $6.4 million project has a unique twist in that it will include multiple buildings with 23 upscale lodging rooms, said IDA Executive Director Suzanne Holt.
“It’s right in the heart of Woodstock. It’s all on one piece of land, but they are putting together a hotel development that will make easier for visitors to stay right in the heart of Woodstock,” she said.
The developers, Tannery Brook Real Estate, are seeking a payment-in-lieu-of-taxes agreement along with sales tax exemption on building materials and waiver of the mortgage filing fee.
