Thursday, July 24, 2014

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Mohawk Valley

Washington County landmark closes down

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Albany/HV: Washington County landmark closes down
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A Washington County community joined together to bid farewell to a village landmark. As our Maria Valvanis tells us, this isn't the first time residents had to say goodbye to a place some call a second home.


WASHINGTON COUNTY, N.Y. -- "This has been the one place we've all been free to come, you know, for years," said Cambridge Hotel regular, Erica Walsh.

It isn't out of the ordinary for the historic Cambridge Hotel to be filled with yummy drinks, local musicians, and smiles. But Sunday night's crowd knew they were enjoying what the family owned business had to offer for the very last time.

"Today is our last night at the hotel, the bank took it back in the auction, so we're having a party with all our loyal customers in the community," said John Imhof.

Owner, John Imhof, tells us the building's high taxes are to blame, for falling nearly a half a million dollars behind in payments. The Glens Fall National Bank and Trust CO. bought the village landmark on Friday for $299,000, leaving many residents wondering where they're going to go now.

"Friday night at the Cambridge Hotel. It was hard to schedule anything else on a Friday, because it was such a great place to be," said Cambridge Hotel regular, Ferrilyn Sourdiffe.

"It's a meeting place, it's going to be sitting here empty, it's terrible," said Cambridge Hotel owner, Tina Imhof.

And this isn't the first time the village has lost it's hub. The building, which was built in 1885, sat empty from 2005-2007, when its previous owners were also foreclosed on.

"It's really, really hard. The last time the hotel shut down a lot of businesses in town also shut down, so we're hoping that doesn't happen again," said Sourdiffe.

There's no word yet on what the bank has in store for the building, but residents tell us they will be eagerly waiting for these doors to open again.

"We'll wait for the next round of people to buy it and we'll support them, just as we supported the Imhofs, every Friday, and every weekend," said Walsh.

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