Thats Niagara » hotel niagara

Auction of former Hotel Niagara goes to Vancouver bidder for $1.25 million

Graham — Fri, 29 Apr 2011 11:00:46 +0000

A 30-year-old Vancouver man placed the winning $1.25 million bid for the former Hotel Niagara at an auction Tuesday.

Jamil Kara said he plans to turn the 12-story building at Rainbow Boulevard and First Street downtown into a boutique hotel and condominiums.

Kara, who was one of 10 qualified bidders, said that he has been in the condo and hotel business for about seven years and that his development group owns several high-rises in the British Columbia city.

He said he also was involved in the Film Work Lofts, a recently completed project in Hamilton, Ont.

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193-room Hotel Niagara headed to the auction block

Graham — Mon, 30 Aug 2010 19:00:01 +0000

From the Buffalo News:

The once-elegant 12-story Hotel Niagara, built in 1924 with 193 rooms, is going on the foreclosure auction block.

The hotel, which has been closed for some time, has fallen on hard economic times and needs modernization if it is to remain competitive. It has been the subject of a mechanic’s lien, owes back taxes and has been condemned for occupancy because of the lack of heat and water during a reconstruction effort.

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Condemnation for Hotel Niagara?

Graham — Wed, 10 Mar 2010 16:45:15 +0000

From the Niagara Gazette:

It appears as though the old Hotel Niagara is headed for condemnation.

City council members learned Monday that a recent inspection of the Rainbow Boulevard property revealed several areas of concern, including the lack of electricity, heat and an operational fire protection system inside the building.

Chief Code Enforcement Officer Dennis Virtuoso stopped short of saying the building would be condemned but said representatives from his office would pay a visit sometime today.

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