Properties belonging to the Schuyler family, renowned for their historical significance, have been acquired
For over two decades, FingerLakes1.com has been a trusted source of news for the region [1]. Now, the company is making headlines itself, as Capriotti Properties of Elmira has purchased three historic Schuyler County buildings.
The three properties include Montour House in Montour Falls, originally built as a hotel in 1854, The Flats on Broadway in Montour Falls, a 14-unit residential building constructed in 1921, and Watkins Glen's Water Works Center, a seven-unit property on Seneca Lake, built in 1905 [2][3][5].
These buildings were previously owned by Nelson Development Group of Vestal, who had meticulously restored them from vacant shells starting in 2008 [1][2][3][5]. The sellers had transformed these properties into thriving residential and commercial spaces [6].
Capriotti Properties acquired these assets as part of a three-property portfolio, which also includes 32 apartments and five commercial spaces. All the properties are located within a six-minute drive from one another [2][3].
The new owners plan to continue the legacy of these landmark buildings. If you're interested in learning more or sending leads, visit their website at news@our website [7].
In other news, FingerLakes1.com continues to deliver news headlines to your inbox each morning with its Morning Edition newsletter [8]. The sale of these properties was also reported by the Odessa File [9].
Founded in 1998, FingerLakes1.com is the region's leading all-digital news publication [1]. For the latest updates and more local news, stay tuned to FingerLakes1.com.
[1] FingerLakes1.com has been keeping residents informed for more than two decades. [2] Capriotti Properties of Elmira has purchased Montour House in Montour Falls. [3] Capriotti Properties of Elmira has purchased Watkins Glen's Water Works Center. [4] The FingerLakes1.com App is available for download on iOS devices (iPhone, iPad). [5] Montour House, The Flats on Broadway, and Watkins Glen's Water Works Center were restored by Nelson Development Group of Vestal before being sold to Capriotti Properties of Elmira. [6] Montour House, The Flats on Broadway, and Watkins Glen's Water Works Center are now thriving residential and commercial spaces. [7] The company has a website for sending leads: news@our website. [8] FingerLakes1.com offers a Morning Edition newsletter. [9] The sellers of these properties, Nelson Development Group of Vestal, bought the sites in 2008.
Capriotti Properties of Elmira has entered the realm of investing by acquiring a three-property portfolio, which includes the historic Montour House, The Flats on Broadway, and Watkins Glen's Water Works Center, all of which have been restored and transformed into thriving residential and commercial spaces in the real-estate sector. The new owners aim to continue the legacy of these landmark buildings while also looking forward to potential opportunities.
