On July 2, the iconic Adelphi Hotel in Saratoga, NY, is having its official Grand Reopening replete with special speakers, dignitaries, celebrations and tours.

The Adelphi Hotel, a MICHELIN Key property located in historic downtown Saratoga Springs, is putting the final touches on its $75 million-plus expansion and renovation. The Adelphi Hotel is the last surviving example of Saratoga’s famed 19th-century grand hotels, remaining a rare bridge from the Gilded Age to the present day.

On July 2, the Adelphi is having its official Grand Reopening replete with special speakers, dignitaries, celebrations and tours. It coincides with the Saratoga Race Course hosting for the first time the July 4th Racing Festival. From July 3-6, the track will hold several major stakes races, including the Belmont Derby on July 4 and the Belmont Oaks Invitational on July 5. As with the Belmont Stakes Racing Festival this week, Saratoga Springs should be hopping during the Festival.

The classic Victorian hotel's transformation includes additional guest rooms (from 32 to 65) with luxe touches like ultra-modern bathrooms and radiant-heated floors, luxury condominiums, an upgraded lobby, a ballroom and a spa. The hotel and residences also provide residents and guests with concierge services, housekeeping, on-site restaurants, including Salt & Char and Morrissey’s, and business and fitness amenities.

Outside, the Adelphi Hotel Gardens, which once offered a sanctuary for guests just steps from the bustle of Broadway, have been reimagined for the modern-day traveler, blending beauty, privacy and historic storytelling.

Since its opening in 1877, The Adelphi Hotel has welcomed socialites, politicians and stars of state and sport. The guestbook includes signatures from a rich cast of characters over nearly 150 years, from famed jockeys to racing elites. As the hotel underwent restoration, echoes of the past were uncovered from architectural relics, to rumors of underground tunnels possibly leading toward the Saratoga National Bank and Congress Park Casino. While unconfirmed, these stories are part of the lore that makes The Adelphi Hotel more than a hotel; it's a time capsule. Today, The Adelphi Hotel continues to host tastemakers and travelers alike, proving its legacy is not just history.

Already a MICHELIN Key hotel, renovations and enhancements include:

• Beautiful new guest rooms in the historic Rip Van Dam building, now connected to the Adelphi.
  
• A state-of-the-art kitchen, now serving both their farm-to-table steakhouse, Salt & Char, and Morrissey’s Lounge & Bistro, improving culinary innovation and service.
  
• Upgraded guest amenities, preserving the hotel’s historic character while introducing contemporary luxuries.
  
• A newly designed lobby that enhances the arrival experience with warmth and sophistication.
  
• A reimagined gardens with a new three-season pergola, harking back to the hotel’s garden of the 19th century when guests would spend their time mingling, enjoying the “water cure” of the nearby springs, and socializing well into the early hours of the morning.

Michael Dubb, co-owner of The Adelphi Hotel, explained the significance of the renovation and expansion.

What prompted the decision to renovate and expand The Adelphi Hotel?

The Adelphi sits on the most coveted real estate in downtown Saratoga Springs, a city rich in culture and history. The demand was there for something far more ambitious. When the Rip Van Dam property next door became available in 2019, my business partner Larry Roth and I immediately saw the opportunity to do something extraordinary.

We reimagined the hotel and the corner of Broadway and Washington Street. We connected the two buildings. We introduced 79 luxury condominium residences and expanded from 32 to 65 hotel guest rooms. Residents and guests now share in the elevated five-star lifestyle we’ve created. This expansion gave us the space to enhance the Adelphi experience. Our world-class amenities incorporate an expanded lobby and larger indoor/outdoor event space, full-service spa and salon, high-end fitness center, game room and business lounge. We wanted The Adelphi to offer a level of hospitality and luxury that has never before been seen in this region. I truly believe we’ve achieved that.

The outdoor gardens that connect to the ballroom were completely transformed. There is new stone flooring, a retractable roof and design features for an intimate indoor-outdoor experience with fire pits and lounge seating. The ballroom now accommodates up to 225 guests and is a destination for weddings, private events and live music.

Describe the project's scope.

This was never just about expansion. It was about elevating the Adelphi brand and creating an unmatched guest experience. This was a $90 million investment that revitalized not only The Adelphi Hotel, but the entire downtown and Saratoga Springs community. We installed heated sidewalks, redesigned the landscaping and brought new life to the heart of the city. It took hundreds of thousands of labor hours and a commitment to excellence in every detail. Preserving the hotel's historic character was essential. I’ve had a personal connection to Saratoga for over 50 years. To restore and elevate a 175-year-old landmark that means so much to this city was deeply important to me. It wasn’t just about development. It was about honoring a legacy while creating something exceptional for the future.

What can guests expect in terms of Ambiance?

The Adelphi delivers a true five-star experience with a warm, approachable atmosphere. From the moment guests arrive, they are welcomed by professional staff who take pride in every detail. The interiors are elegant and timeless. The ambience is relaxed yet refined.

The guest rooms are a standout. They are spacious, filled with natural light and designed with comfort and sophistication in mind. Features like heated hardwood floors, oversized bathrooms and high-end finishes create a level of luxury that exceeds what many well-known luxury hotels offer.

Dining at The Adelphi is just as impressive. Salt & Char serves some of the finest steaks I’ve ever had, and Morrissey’s offers an elevated American bistro experience. We also added a private dining room at Salt & Char that seats 25 guests, perfect for intimate gatherings. Every part of the hotel reflects a commitment to excellence and an experience that feels both exclusive and welcoming.

By Roger Sands

As the next season of the HBO TV series premieres on June 22, see where remnants of this abundantly wealthy period remain statewide.

“The Gilded Age” returns for its third season on HBO on June 22. This period soap opera tells of fictional and real-life characters from this era of tremendous wealth accumulation and rapid industrial growth.

While this show is largely set in New York City, there are physical locations throughout New York State that were built amid the Gilded Age and remain today. Here’s where to find the Gilded Age in New York.

Manhattan’s Fifth Avenue was once referred to as Millionaire’s Row and aligned with stately homes. Many have been razed or repurposed for commercial development but other mansions still remain.

The Cooper Hewitt, Smithsonian Design Museum was originally the family residence of industrialist and philanthropist Andrew Carnegie, and his wife, Louise Whitfield Carnegie. In 1976, the mansion became the home for this Smithsonian-affiliated institution and design museum that’s the only one of its kind in the United States; it promotes all disciplines of design.

The Frick Collection reopened in spring 2025 after a major five-year renovation within its permanent space at the former mansion of Henry Clay Frick, a financier, arts patron and industrialist. It is a repository of Old World master paintings and European sculpture and art along with having welcomed its first-ever onsite restaurant in June.

In Manhattan’s Murray Hill, The Morgan Library & Museum is derived from John Pierpont "J.P." Morgan’s personal library. The financier amassed an impressive collection of manuscripts, early printed books and old master drawings and prints.

Now part of the Lotte New York Palace Hotel, the Villard Houses were a set of former residences for Henry Villard, president of the Northern Pacific Railway. In Brooklyn, season two of HBO’s “The Gilded Age” featured the construction and opening of the Brooklyn Bridge, which was unveiled in 1883.

The Gilded Age In The Capital-Saratoga Region

In the 19th century, Saratoga Springs became a popular resort destination for its natural mineral waters and Saratoga Race Course.

First opened in 1877, The Adelphi Hotel in downtown Saratoga Springs welcomed financiers, politicians and celebrities. A five-year restoration was completed in 2017 and preserved her original architectural details while adding in modern guest amenities.

Other Gilded Age hotels in Saratoga Springs are the Batcheller Mansion Inn and Union Gables Inn. Then there’s Saratoga Springs History Museum, within the circa 1870s Canfield Casino, and Yaddo Gardens, part of the former summer estate of financier Spencer Trask.

Troy has been used often as a film set in HBO’s “The Gilded Age.” Sites include the Oakwood Cemetery; Rensselaer County Courthouse; Hart Cluett Museum; Washington Park; Troy Savings Bank Music Hall; and Paine Castle.

The Gilded Age In 1000 Islands

This New York region along the U.S.-Canada border attracted many well-to-do travelers amid the Gilded Age.

Boldt Castle was spearheaded by hotelier George C. Boldt, as a summer home for his wife, Louise. Its construction was ceased when Louise suddenly died. Having been abandoned for over 70 years, the castle was revitalized by Thousand Islands Bridge Authority and is open for tours in warmer months.

Singer Castle was commissioned by Frederick Bourne, president of the Singer Sewing Machine Company, as a hunting lodge and summer family retreat. Unlike Boldt Castle, the medieval-looking Singer Castle was fully completed and used for many years. Guests can stay overnight in a special suite.

The Gilded Age In The Hudson Valley

The Hudson Valley has many impressive locations connected to the Gilded Age.

Purchased by railroad baron Jay Gould, Lyndhurst in Tarrytown is a strong example of Gothic Revival architecture in America, with castle-like crenelations and stained glass in arched windows. Leave time to stroll Lyndhurst’s 67 acres packed with Hudson River vistas and gardens and a recently restored, circa 1894 bowling alley.

Kykuit, The Rockefeller Estate in Sleepy Hollow was the home of John D. Rockefeller, Standard Oil magnate and the richest American of his time. This six-story structure still holds this family’s collections, ranging from antique furniture to classic cars to works by world-famous artists.

Armour-Stiner Octagon House in Irvington was built toward the end of what was then known as the “octagon style craze.” As one of only two domed octagons in the United States, this New York house is amid just over three acres of restored 19th-century landscape design.

In Yonkers, Glenview Mansion at the Hudson River Museum is tucked within its main building. This former home of stockbroker John Bond Trevor was staged as the home for Mrs. Astor in “The Gilded Age’s” first two seasons.

Yonkers’ Untermyer Gardens are at what was originally Greystone, the estate of hat manufacturer John T. Waring and then its later owner and social progressive, Samuel Untermyer. Wind along sculpted griffins, a hilltop tempietto, fountains, a grotto, marble colonnades, a reflection pool and an amphitheater amid Hudson views.

The Gilded Age In Long Island

Long Island’s Gold Coast region is often linked to F. Scott Fitzgerald’s “The Great Gatsby” but it also has strong ties to the Gilded Age.

Old Westbury Gardens reflects the era’s opulence with a 23-room English manor house and over 200 acres of traditional, formal gardens. Once the home of lawyer and businessman John S. Phipps and his wife, Margarita Grace Phipps, this estate has been featured in many movies and TV shows. The listing includes “The Gilded Age,” along with “North by Northwest” and “Love Story.”

Oheka Castle is a historic hotel and wedding venue in Huntington that is also open to public estate and garden tours. This French-style chateau, built as a summer residence for financier and philanthropist Otto Hermann Kahn, sits on the highest peak in Long Island.

The Suffolk County Vanderbilt Museum and Planetarium in Centerport is linked to William Vanderbilt II, a yachtsman and motor race driver. While creating an onsite museum for his collection of marine specimens, Vanderbilt established a trust fund for his estate to fully become a museum upon his death in 1944.

The Gilded Age In The Adirondacks

The Adirondacks are credited as the birthplace of the American vacation and the Gilded Age elite would come and build sprawling compounds designed to reflect the Adirondack landscape and known as “Great Camps.”

Many Great Camps were built by the Rockefeller, Durant, Post and Carnegie families, and are still used as private residences or have guest accommodations.

Great Camp Sagamore in Raquette Lake was crafted in 1897 by William West Durant, who is credited with starting the “Great Camp” movement. This wilderness retreat was a cherished haven for the Vanderbilt family for over five decades. Today, you can stay at this landmark and see its storied buildings and lush grounds.

Great Camp Santanoni in Newcomb was built by and for the Pruyn family and welcomed its first guests in the spring of 1893. This secluded National Historic Landmark is also one of the earliest examples of an Adirondack Great Camp.

White Pine Camp in Paul Smiths was the summer White House of President Calvin Coolidge. This year-round retreat offers 13 distinct cabins and cottages featuring handcrafted Adirondack-style furniture and cozy stone fireplaces or wood stoves. Unique facilities include a Japanese tea house, bowling alley, tennis house and boat houses.

Other ways to learn more about the Adirondacks’ vacation history are at the museum, Adirondack Experience, or by taking a scenic lake cruise with the Raquette Lake Navigation Company.

The Adirondack Trail is being built along the former New York Central railroad line between Lake Placid and Tupper Lake, as a multi-use recreation trail and partly with restored train service. It is to be finished later this summer.

By Michele Herrmann

David Hayes is the new Managing Director of the historic Adelphi Hotel, which accommodated a record number of guests for last year’s Belmont Stakes and is anticipated to do the same this year.

1 — Tell us a little about The Adelphi Hotel and its historical significance in Saratoga Springs.

“The Adelphi Hotel first opened its doors in 1877 and remains the last surviving grand hotel of Saratoga Springs Gilded Age. During a time when the city was known as the “Queen of the Spas” and a summer playground for America’s elite, The Adelphi Hotel stood proudly among a sea of opulent hotels that once lined Broadway. While dozens have since been lost to time, The Adelphi endures, as an emblem of elegance, history, and reinvention. Over the decades, The Adelphi Hotel has welcomed an array of prominent guests, from politicians and socialites to artists, gamblers, and horse racing legends.

“The hotel’s original features, including its broad verandas, sweeping staircase, and ornate Victorian detailing, made it a cornerstone of Saratoga society. After closing for many years, The Adelphi underwent an extraordinary restoration, preserving historic architectural elements; like the iconic glass marquee and intricate crown moldings, while elevating the guest experience with modern luxury. Today, the hotel honors its storied past with thoughtful design, refined hospitality, and a deep respect for the cultural legacy of Saratoga Springs. Every corner whispers a piece of history, from its richly restored library to the preserved beams and details discovered during renovation. The Adelphi Hotel isn’t just a place to stay, it’s a living testament to over 145 years of Saratoga’s charm, grandeur, and enduring spirit.”

2 — How did the Belmont Stakes affect The Adelphi Hotel’s business last year, and do you anticipate this year being the same?

“Last year’s Belmont brought new level of energy and activity to Saratoga Springs. Welcoming one of horse racing’s most prestigious events into our city last summer was a milestone event, and with it came a massive wave of tourism, hospitality demand, and high expectations. The increase in population of tourists alone was astounding, and many businesses, including ours, began their peak season nearly a month earlier than usual. This early season adjustment not only took a significant amount of coordination, training, and flexibility, but I feel it also brought a strong sense of pride and purpose within Saratoga Springs.

“Of course, there were challenges. Street closures, increased traffic, and high visitor volume meant downtown could feel congested at times, and we had to adapt quickly. This year, we’re coming into the season with clearer expectations and more proactive strategies in place. We’ve expanded guest services and community spaces, implemented additional security measures, and are coordinating closely with local officials to manage logistics and safety. Our goal is to welcome the Belmont crowds with the grace and professionalism we’re known for, while continuing to offer a refined and seamless experience for every guest who walks through our doors.”

3 — Is The Adelphi doing anything special to accommodate guests coming for the Belmont?

“Absolutely. We’ve already seen an uptick in interest, so we’re encouraging guests to book early, especially since room availability tightens up fast. Beyond that, we’re creating custom gifts for all of our guests, enhancing guest services, and curating special experiences across the hotel to align with the spirit of the Belmont.

“It’s all about making the stay feel elevated and memorable for both racing fans, and those just here for the atmosphere.”

4 — What have you learned from last year’s Festival that is guiding decision-making for The Adelphi this year?

“Last year was an incredible learning experience. We saw just how big the draw is, but also how important clear communication and planning are, especially around logistics like parking, traffic, and guest flow. This time around, we’re doubling down on coordination with our local partners and city officials, making sure we’re ahead of the curve.

“We want to ensure our guests have a seamless experience, from check-in to the final toast at our bar after the races.”

5 — Do you plan on visiting the racetrack during the Belmont Festival?

“You can bet on it! The racetrack is a huge part of what makes Saratoga so magical, especially during Belmont weekend. It’s not just about the races, it’s the energy, the people, the fashion, the traditions. Whether it’s your first time or your fiftieth, it never gets old. And for those staying at The Adelphi, we’re just a short ride away, so it’s easy to enjoy both the thrill of the track and the luxury of unwinding at the hotel afterward.”

The Adelphi Hotel in Saratoga Springs is putting the final touches on its more than $75 million renovation and expansion.

It is the last surviving example of Saratoga’s famed 19th century grand hotels, a rare bridge from the Gilded Age to the present day.

The classic Victorian hotel’s transformation includes more guest rooms, growing from 32 to 65, with
ultra-modern bathrooms and radiant heated floors.

There is also a gym on the second floor and a game room on the third floor. The fourth floor has a
gathering room with a bar, which is open to guests and condominium owners.

Guests can also enjoy dining at on-site restaurants Salt & Char and Morrisey’s Lounge & Bistro.

Learn why the owners are looking forward to the upcoming summer season by watching the video.

Salt & Char, the Adelphi Hotel's high-end steakhouse, is now open again with a new look and a new menu after a three-week closure. 

The restaurant underwent a remodel earlier this year to accommodate the hotel's growing hospitality operation, which included the build-out of a brand-new, two-level kitchen, general manager Helen Watson said. 

Salt & Char is one of two on-site restaurants at the hotel, the other being Morrissey's Lounge & Bistro. 

In the last few years, the hotel has doubled its number of rooms from 32 to 65. It's also added 79 condos, which began to sell last summer. They're part of a $90 million-plus expansion and renovation of the Adelphi into a 200,000-square-foot resort. 

"The change has been exponential," Watson said. "With the hotel expanding, the restaurants organically — there's an uptick in business there." 

The kitchen(s) 

The $1 million kitchen project brought the hotel's three kitchens under one roof. Prior to the project, each restaurant had its own kitchen and there was also a commissary space a half block away. 

Salt & Char and Morrisey's now share a kitchen space but still have separate lines and culinary teams. 

"In terms of food running and logistics, it wasn't the most ideal for the staff going upstairs, down hallways, things like that," Watson said. "So when we were expanding into the [adjacent] Rip Van Dam building with expanding the rooms and Salt & Char, we decided to build a kitchen that can encompass everything all in one space." 

Having all of the kitchens in the same building will increase efficiency and food consistency, Watson said. The hotel is still working out how to cross-utilize cooks, bussers and runners. 

"Labor costs, food costs, being all in one kitchen should help us with all of them. That's somewhat of the goal," she said. 

The former Salt & Char kitchen will become an extension of the lobby. That is still under construction. 

With the combination of the two restaurant kitchens, the downstairs banquet kitchen can go back to being just that, Watson said. Future plans include adding direct kitchen access to the hotel's atrium event space to smooth operations. 

The restaurants 

Salt & Char closed for three weeks in January for its own gut renovation. The restaurant's black-and-white decor has been replaced with deep greens, more brass and exposed beams. 

The restaurant added space that allows an additiona 30-40 additional covers during service in the newly added south dining room and the wine room in the Rip Van Dam building. Both double as private areas to host business meetings and other events. 

"We do pharmaceutical lunches, dinners, meetings. It can do meeting space as well as dining," Watson said. 

The menu has also been updated. It includes caviar, the restaurant's signature cuts of steak as well as other main courses, like venison tenderloin and chicken roulade. 

Salt & Char is currently between executive chefs, Watson said. 

More accommodations at The Adelphi and a longer track season with the temporary move of the Belmont Stakes to Saratoga are driving growth at the hotel's other restaurant, Morrissey's, which is open seven days a week for breakfast, lunch and dinner. 

"Track season I definitely noticed more breakfast. People were having breakfast here because we were 100% sold out. You've got 65 rooms, so you're 120 people, give or take, whereas before that, we were having maybe six covers for breakfast," Watson said. 

Outside of hotel traffic, Morrissey's is becoming a popular location for business lunches, she said. The renovation of a second dining room for the lounge and bistro, called the tack room, is meant to accommodate that too. 

"I think it's because Morrissey's is conducive to that — the ambience, the decor, the interior design. And we're open seven days a week for lunch, so we've been able to kind of build that lunch crowd," she said. 

By Sam Raudins

What It’s Like Living in Saratoga Springs, New York

Saratoga Springs in the Capital region of upstate New York is an ideal place to visit, live and play. For centuries, Saratoga Springs New York has been known as the Spa City. Given its name for its multitude of mineral rich natural springs, the water was once thought to provide rejuvenation, and health benefits. This is just one reason that Saratoga Springs has been a playground for the rich and famous, and it continues to be a cultural entertainment and lifestyle capital today. Throughout history, it has been known for its recreational opportunities and now it is also known as a great place to raise a family in New York. 

Area Amenities  

The Saratoga region is well known for its highly ranked public-school districts like Burnt Hills- Ballston Lake Central School District, Shenendehowa Central School District, Saratoga City School District, Schuylerville Central School District and Stillwater Central School District just to name a few. The region is also known for excellent universities like Skidmore College, Rensselaer Polytechnic Institute (RPI), University at Albany (SUNY), Russell Sage College, Siena College, The College of Saint Rose, Empire State College, Albany College of Pharmacy and Health Sciences, Union College, and many more. 

There is excellent Healthcare available in the region.  Local Hospitals include Saratoga Hospital, Albany Med, Samaritan Hospital, Albany Memorial Hospital, and St. Peter’s Hospital among others.    

One of the big draws for the area is its connection to horse racing. The Saratoga Racecourse offers thoroughbred horseracing during its six-week season from late July through early September. The National Museum of Racing and Hall of Fame showcases the sport’s history, from colonial times through the present day. Surrounded by incredible works of fine art, trophies, and historical artifacts, visitors experience all aspects of this thrilling sport. Another museum in the area centered around the sport is the Saratoga Harness Museum and Hall of Fame. 

Other notable area museums are The Saratoga Automobile Museum, New York State Military Museum, and the Tang Teaching Museum to name a few. There is also the Saratoga Springs History Museum- located in the Canfield Casino in Congress Park. Since 1912 this museum has told the story of Saratoga Springs from its beginnings to the present day. 

Congress Park Located in the center of town is a spectacular highlight all its own. This beautifully landscaped park features the historic Canfield Casino and many of the famous springs that made the area famous. 

Saratoga Spa State Park, a national historic landmark is also located in Saratoga Springs. This amazing park is home to Saratoga Spa Golf Course, the Saratoga Performing Arts Center, the National Museum of Dance, the Spa Little Theater, the Saratoga Automobile Museum, and Roosevelt Baths and Spa. The park offers a multitude of traditional recreation opportunities including biking, hiking, equestrian trails, fishing, ice skating, playgrounds, snowshoeing, x-country skiing, swimming and tennis. 

Yaddo Gardens Formal rose and rock gardens are part of the magnificent Yaddo estate, a working artists' community. Saratoga Spa State Park This National Historic Landmark offers diverse cultural, aesthetic and recreational activities in such venues as the Lincoln mineral baths, Saratoga Performing Arts Center, Spa Little Theater, National Museum of Dance and the historic Gideon Putnam Hotel. Another notable historic hotel is the Adelphi hotel located right in the heart of Downtown Saratoga Springs. The Adelphi is undergoing a transformation with an expansion and addition of luxury condos. 

Downtown Saratoga Springs is a unique and vibrant place where specialty Mom & pop shops and charming restaurants lore visitors from near and far. Route 9, Route 50 and Route 29 all converge at Broadway, the center of town. The energy is bustling but friendly where people often stop to say hello.  

 Historic boutique hotels like the Adelphi Hotel (est.1877) The Adelphi Hotel house tourists in this popular vacation destination.  Unique green spaces like Congress park (dotted with centuries old fountains) and High Rock Park (home to the Farmers Market) are at the town center. Great restaurants that have lasted decades and have storied pasts include Morrissey’s Lounge & Bistro, Misses London’s, Karavalli Saratoga and The Mouzon House to name a few. 

Living in Saratoga Springs

Saratoga Springs, NY, is the perfect destination for those looking to make a new home. With its top-rated schools, rich historical and cultural attractions, and vibrant community, it's easy to see why so many choose to settle here. Whether you're captivated by the excitement of horse racing, the stunning natural beauty, or the friendly neighborhoods, Saratoga Springs offers a welcoming environment for everyone. 

If you’re looking into moving to Saratoga Springs, Beechwood Homes offers new luxury custom homes https://www.beechwoodhomes.com/oak-ridge/  and luxury condos https://www.beechwoodhomes.com/adelphi-residences/ featuring exquisite finishes and modern living.

At top, construction continues at the Residences at the Adelphi Hotel following a ribbon-cutting ceremony Thursday in Saratoga Springs. Nearly half of the 79 luxury condos are sold. Above, an apartment at the site. At left, Larry Roth, left, and Michael Dubb, co-owners of the Adelphi Hotel.

Read more about the ribbon cutting ceremony.

https://www.news10.com/news/saratoga-county/ribbon-cutting-held-for-new-condominiums-at-adelphi-hotel

https://cbs6albany.com/news/local/adelphi-hotel-cuts-ribbon-on-new-luxury-condos

Buyers started to close this month on the first completed Residences at the Adelphi Hotel condos, with units selling from $775,000 for a 607-square-foot studio to $1.5 million for a 1,290-square-foot two-bedroom unit.

A handful of residents on the second, third and fourth floors of the new luxury condo building in Saratoga Springs took ownership in early June, with a few closings just in time for the Belmont Stakes at Saratoga racing weekend. Several units on sixth floor are expected to close this week.

Shannon McCarthy, whose team at eXp Realty is the exclusive listing agent for the property, said nearly 50% of the buildings 79 condo units are under contract. She said her team received the most inquires to date over the Belmont race weekend.

"The goal was to get to 50% by track season, now we’re three weeks away from track season and expecting a big push," McCarthy said. "We have high hopes for track season with everyone in town."

The buyers come from as far as California, Tennessee and Florida. They’re downsizers looking to move from a large house in Clifton Park or Loudonville to downtown Saratoga. And they’re racehorse owners, or people looking for their second, third or fourth home upstate.

Construction of the condominium project is part of a $90 million-plus expansion and renovation of the Adelphi Hotel into a 200,000-square-foot resort. Developers Mike Dubb and Larry Roth are behind the project.

Dubb is the founder of Beechwood Homes, a company that has constructed more than 10,000 houses on Long Island, as well as the Oak Ridge by Beechwood neighborhood near Fish Creek on Saratoga's east side. Roth is the former owner of Marchon Eyewear Inc., one of the world’s largest eye care companies. He also was part of a separate group that invested $28 million to renovate the Adelphi into a 32-room boutique hotel.

Bonacio Construction of Saratoga Springs is the contractor for the project and Gilbane Building Co. of Albany is the owner's representative.

The condos are a new concept for the region. The developers are modeling the property off private residences offered by luxury hoteliers like the Four Seasons. The condos will have the amenities of staying at the Adelphi Hotel — a doorman, concierge services, private underground parking, and room service — without needing to make a reservation.

There are 35 different floor plans for buyers to choose from, with prices at around $1,000 per square foot. Condos listed for sale start at around $800,000.

Construction to build the units, which are housed in a new six-story building connected to the historic hotel, is expected to finish by the end of 2024. Work on the new residence lobby on Washington Street is close to being completed, which will allow the sidewalks to be poured.

McCarthy said new model units, including junior one-bedroom and two-bedroom condos, will be introduced next week.

"We're entering a next phase," McCarthy said. "Nearly half of units are sold and we’re thinking of new ways to get the word out about the project to people who may not know about it."

DONNA ABBOTT-VLAHOS | ALBANY BUSINESS REVIEW

And they’re off . . . to the Belmont Stakes, but this year that means a trip off Long Island to Saratoga Springs. Eyes are not only on the competition on the track, but on luxury real estate in the city’s famed Broadway Historic District.

The third leg of the Triple Crown is being held at the famous Saratoga Race Course due to a $450 million construction project underway at what will be the new, reimagined Belmont Park. The crowds are headed for Toga, not only for the 156th Belmont Stakes on Saturday, June 8, but to plant some roots in this booming UpState New York city.

New condominiums are in high demand at The Residences at the Adelphi, a $75 million luxury condominium development adjoining the high-end hotel by the same name. Nearly half of the 79 condos have sold since sales began in the fall of 2023.

“We are averaging a new inquiry every day, and we expect inquiries to increase during the historic running of the Belmont Stakes and the start of the Saratoga Race Course’s summer meet,” said Shannon McCarthy of eXp Realty, the exclusive listing agent for The Residences at The Adelphi Hotel.

Long a hub for thoroughbred horse racing — and even the home to the National Museum of Racing and Hall of Fame — Saratoga traditionally hosts racing from mid-July through Labor Day on the New York Racing Association (NYRA) circuit. Celebrities who frequent the track include former New England Patriots Coach Bill Parcells, celebrity Chef Bobby Flay, and Barstool Sports founder David Portnoy, who both have homes overlooking the track.

But the impending arrival of the Belmont Stakes has only driven more interest in real estate. “We encourage prospective buyers to reach out to us soon, as we expect apartments to continue to sell quickly,” McCarthy said.

The development was led by co-owners Michael Dubb, founder and CEO of The Beechwood Organization, based on Long Island and one of the top residential builders in the state, and businessman Larry Roth. Both men are long-standing members of the thoroughbred racing and Saratoga Springs communities, who sought out to transform the property, while keeping its historic character.

Offering all the luxuries of living in a five-star hotel, the 79 condos include a spacious studio and one-, two- and three-bedroom apartments, as well as duplex penthouse apartments. With 28 different floorplans and many with outdoor living space, they range from 800 square feet to 2,500 square feet. Modern design details include European-style kitchens, Wolf and Bosch appliances, Kohler fixtures and large plank-wood floors.

The condos, which encompass what was formerly the Rip Van Dam Hotel, are priced from $800,000 to $4 million.

“As a homeowner in Saratoga Springs myself, I have always been drawn to the history of The Adelphi Hotel,” said Dubb of the newly expanded hotel that has been open to well-heeled vacationers since 1877 when Saratoga became a resort destination, known for its natural spas and springs.

“While people typically say it is difficult to fully envision a property before it is built, buyers from across the region and country are recognizing the unparalleled level of luxury we are creating for our residents. This project ensures a bright future for the property, and we eagerly await residents moving in,” Dubb added.

The first occupancy was scheduled in the weeks before the Belmont Stakes came to Saratoga.

The condo project included a redesign of the hotel, increasing the guest rooms from 32 to 65 and the ballroom capacity from 125 to 225 people, and an extended sushi bar at the restaurant, Morrissey’s, named for one of the Adelphi’s first guests, world heavyweight champion, congressman, state senator and founder of Saratoga’s thoroughbred racecourse, John Morrissey.

“This project embodies the vision I had when I first became involved in The Adelphi Hotel’s redevelopment,” said Roth. “I always knew there was a desire for upscale condominiums in downtown Saratoga Springs, and our sales thus far have proven that.”

Residents will have to entrances to their building, either through the main hotel lobby on Broadway, or through a private residents-only entry on Washington Street. Underground parking has been added just for residents.

Shared amenities include a fitness center, spa, salon, business center, game room and card room, as well as two restaurants, including Salt & Char.

The entire project is scheduled to be completed by late 2024

SARATOGA SPRINGS, N.Y. — In honor of the upcoming Belmont Stakes, The Saratogian asked Five Questions to Michael Dubb. Dubb is a partner of The Adelphi Hotel and Residences; a board member of New York Racing Association (NYRA); founder and CEO of The Beechwood Organization; and chairman of Belmont Child Care Association (BCCA).

1. What do you enjoy most about horse racing?

“There are two very enjoyable dimensions of this sport for me. One is the camaraderie between the owners, the trainers, the jockeys and most importantly, the people on the back stretch who care for the horses. Then of course, there is the star attraction. The horses are majestic, beautiful and powerful animals. They can also be gentle. I’ve been known to sneak some peppermints to the horses whenever I visit the stables.”

2. Tell us a little about the Belmont Childcare Association and Faith’s House. Why is this subject important to you?

“As a horseman, I became aware that the children of the backstretch didn’t have a place for adequate care when their parents were hard at work taking care of the horses. Many of these parents start as early as dawn and some kids were sleeping in cars. It moved me to want to do something. First came the idea of Anna House, which was established 25 years ago at Belmont Park.

“As a home builder, I donated labor and materials to build the full-scale childcare and early childhood education facility. It is a safe haven for children ages six months to five years old. They come in wearing diapers, graduate in cap and gown and in between, learn computer skills, writing, reading, arts and crafts and gardening. The kids leave with a strong foundation, ready to take on the world as they enter elementary school.

“To accommodate the needs of backstretch workers and their families in Saratoga Springs, I built Faith’s House near the Oklahoma Training Track. It opened in 2021 and offers similar services as Anna House. Children are now able to receive quality day care 365 days a year, no matter where the horses are running.”

3. What are you most looking forward to during the Belmont Festival in June?

“It could not be more exciting for our beloved race course and city to host the Belmont Stakes. The timing is especially exciting for me. As a developer, I have seen an increase in inquiries to tour The Residences at The Adelphi Hotel during the festival, which coincides with the first owners moving in. Welcoming the new owners into their luxury homes, at the same time as the once in a lifetime spectacle of the Belmont being at Saratoga, makes it a doubly special occasion.”

4. Belmont coming to Saratoga will give racing fans a rare opportunity to attend a Triple Crown race.  Do you have any advice for fans who are interested in going?

“With attendance capped at 50,000 people, the day itself should be no different than the Travers. Just wear comfortable clothing, leave a little extra time for parking and enjoy the day. I also recommend racing fans use this as an opportunity to take advantage of all Saratoga Springs has to offer, including its rich history, terrific restaurants and lively downtown. Even if you live in the area, it is an experience that further shows makes Saratoga so special.”

5. What sort of impact do you expect the Belmont Festival to have on NYRA’s operations?

“The Belmont Festival should have an overwhelmingly positive economic impact on the city of Saratoga, perhaps to the tune of tens of millions of dollars. I also believe the Belmont Stakes being in Saratoga will raise the profile of the third leg of the Triple Crown even higher than ever before.”

Since first opening in 1877, The Adelphi Hotel at 365 Broadway has epitomized the city’s cultural cornerstones of “health, history, and horses.” Once a getaway for distinguished visitors and horse racing enthusiasts, the iconic Adelphi now welcomes those who want to call it home with the launch of luxury condominium residences in the heart of downtown Saratoga.

The Residences at The Adelphi Hotel include 79 impeccably designed studio-, one-, two-, three- bedroom and duplex penthouse apartments priced from $800,000 to $4 million. Many of the apartments come with expansive outdoor living space and overlook an exquisitely designed courtyard garden or sweeping views of Broadway.

The homes range from 800 square feet to more than 2,500 square feet of interior living space, with fine design details including European-styled kitchens, Wolf and Miele appliances, Kohler fixtures, large plank-wood floors and more.

Residents may enter the building through the main hotel entrance on Broadway or through a private residents-only entrance on Washington Street, and 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.

The $75 million expansion and re-development of The Adelphi is spearheaded by developers and co-owners Michael Dubb, founder and CEO of Beechwood Organization, one of New York State’s top residential builders, and businessman Larry Roth. The duo, who are long-standing members of the thoroughbred racing and Saratoga Springs communities, have transformed the property while still staying true to its rich history.

 “We are creating a very high caliber of grandeur with The Residences at The Adelphi Hotel. Owners can expect all the luxuries of living in a five-star hotel while maintaining their own private residence within the property. We are opening a new chapter of this historic property and look forward to being part of its future,” said Dubb.

“Saratoga Springs is a highly sought out location. With this project, we have created the most luxurious five-star hotel residence in the region and have further cemented The Adelphi as a destination point for people coming from places such as New York City, Boston, Montreal or Buffalo,” said Roth.

The 79 condominium residences were carefully constructed to complement the architecture and character of the recently expanded Adelphi Hotel, which grew from 32 to 65 guest rooms and encompasses the adjoining property, the former Rip Van Dam Hotel, which are now connected as one.

Apartments will be ready for first occupancy in early spring with time to settle in before June’s Belmont Stakes at the Saratoga Race Course. The building is expected to be fully completed in late 2024.

“This property is unlike any I had the privilege to be part of and sets a standard of luxury never before seen in the region. Mike and Larry set out to design a luxury living experience for future residents. It can be felt the moment you walk inside any of the apartments. Coupled with 24- hour concierge service, the overall living experience is a truly elevated one,” said Shannon McCarthy, the exclusive listing agent for The Residences at The Adelphi Hotel.