Last Updated: August 27, 2010 ET

Hotel Niagara To Be Auctioned Off

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NIAGARA FALL, NY-A troubled 12-story landmark at the Niagara Falls will go under the hammer next month. The Niagara Gazette has reported that the Hotel Niagara will go on a foreclosure auction on September 24. The hotel owners Amidee Hotel Niagara LLC owe back taxes worth over $119,000. The owners acquired the building in 2007 but failed to finalize a proposed renovation to the hotel. Amidee Hotels and Resorts Inc. is the parent company of Amidee Hotel Niagara LLC. For the full story, go to Houston Business Journal.


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Categories: Northeast, Hotels, Distressed Assets, Houston, New York

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