Courtesy of The Residences at The Adelphi Hotel
The Residences at The Adelphi Hotel welcomed the first owners of their luxury condominiums in early June, with more closings anticipated throughout the summer as nearly half of the 79 units are now sold.
The June move-ins and summer closings are a sign of the high demand for the transformative development, a $75 million renovation, expansion and redesign of the historic Adelphi Hotel, which is expected to be complete by late 2024.
The project, spearheaded by developers Michael Dubb of The Beechwood Organization and businessman Larry Roth, is located in the heart of Saratoga Springs. It features a diverse selection of studio-, one-, two-, three-bedroom and duplex penthouse apartments in 28 floorplans from 800 square feet to 2,500-plus square feet priced from $800,000 to $4 million.
“When we began this project, we sought to build a property that was unlike anything in the area in terms of elegance and amenities, while still staying true to the original almost 150-year-old hotel. Looking at the Residences today and seeing the first buyers’ reactions to their new homes, I know we succeeded in maintaining that delicate balance,” said Dubb.
“Our team has been working around the clock to ensure the Residences meet and exceed our new owners’ expectations. We are eager to welcome our buyers to their new homes at The Adelphi,” said Roth.
Many of the apartments have expansive outdoor living space and overlook an exquisitely designed courtyard garden or sweeping views of Broadway.
Residents may enter the building through the main hotel entrance on Broadway or through a private residents-only entrance on Washington Street. They have have access to their own underground parking garage in the building. Shared amenities with the hotel include a spa, salon, gym, game room, card room, and business center along with two restaurants — Morrissey’s and Salt & Char.
There are also European-styled kitchens, Wolf and Bosch appliances, Kohler fixtures and large plank-wood floors.
The redesign also includes the expansion of The Adelphi Hotel from 32 to 65 guest rooms, the ballroom capacity from 125-persons to 225-persons and an extended sushi bar at Morrissey’s.
“Saratoga Springs is a highly sought after destination and we are receiving nearly daily inquiries. As deliveries continue, we expect the remaining apartments to sell rather quickly,” said Shannon McCarthy, the exclusive listing agent for The Residences at The Adelphi Hotel.