Local

Holiday Inn owners seek tax exemption for expansion project

This rendering is from the corner of Clinton and S. Cayuga looking northwest. The new tower is in the foreground, existing tower in the back ground./Provided by Hart Hotels

Holiday Inn owners seek tax exemption for expansion project

The proposed expansion of the Holiday Inn in Downtown Ithaca is getting closer to reality.

The owners of the Holiday Inn want to add a new tower to the north of the existing building that will serve as a conference center, along with a southern tower that will add more rooms to the hotel.

The developers are seeking a tax break through the City of Ithaca’s Community Investment Tax Abatement Program.

The future Marriott Hotel on the east end of the Commons was awarded a 10-year tax abatement under that program.

David Hart, President and CEO of Hart Hotels, says the hotel will be closed from November 2013 through April 2014.

“There’s a sigificant amount of economic harm we’re doing  while we’re closed,” Hart said.

Hart said the company is footing the cost for capital and operating expenses, and so they’re asking the community for a tax break in return.

“We’re doing that and in effect taking the community off the hook for those obligations, and so we’re looking for a little bit of assistance from the community to help us get that facility up and running,” he said.

Hart said they plan to start construction in November.

A public information session on the proposed reconstruction and the tax abatement program takes place Monday at city hall at 5:30, 108 E. Green St.

More Local Headlines

in Local

Cuomo, New York City health officials detail Ebola response

Fresh
ebola14-620x400

Governor Andrew Cuomo, NYC Mayor Bill de Blasio gave update Thursday night on response to Ebola diagnosis at New York City hospital

in Local

Reed, Robertson square off in only televised debate of campaign

Local_News41-620x400

Republican Congressman Tom Reed and democratic challenger Martha Robertson made their respective pleas to voters Thursday.

in Local

Cornell employee implicated in scandal at UNC

CORNELL LOGO

A Cornell University staffer has been implicated in a scandal rocking the University of North Carolina’s athletics department.

in Local

SUNY Canton issues lockdown following social media threat

Updated
crime2

Students are being asked to shelter in place.

in Local

Tioga County man found with 100 pounds of marijuana

weed

Estimated to be worth about $424,000.