The Daily Gazette
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Sagamore to be sold

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One of the biggest resorts in the Adirondacks is being sold to the Florida-based owner of more than 100 North American hotels and resorts. Officials at a partner of Green Island Associates, the owner of The Sagamore on Lake George, say they have an agreement to sell the 350-room hotel to Ocean Properties, Ltd. Details of the deal aren’t being released. Ocean Properties officials will visit the hotel over the next few weeks to complete ...

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August 18, 2008
12:59 a.m.

[ Flag Post ]

Any chance we taxpayers will get our million$ of subsidies back in the deal?