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.
