Hilton Long Island sold; to be refurbished
The lobby at the Huntington Hilton at 598 Broadhollow Road. (Nov. 12, 2010) Credit: Handout
The Dow Hotel Co. of Seattle says it has bought the Hilton Long Island, a 304-room full-service hotel and conference venue in Melville, and it will spend $15 million renovating it.
The buyer plans to make improvements in rooms, corridors, public space, heating and air conditioning, parking and landscaping. The purchase price wasn't disclosed.
"This is the only full-service Hilton on Long Island, and the planned refurbishment will ensure that it retains its position as Long Island's leading business hotel," Murray L. Dow II, DHC founder and chief executive, said in a statement.
"This acquisition, our first in the Northeast, advances our nationwide growth plan, and is totally consistent with our strategy of acquiring well regarded hotels in top tier markets with high barriers to new entry."
The company currently operates in metro Portland, Ore.; Seattle, Los Angeles, Sacramento, Calif., Chicago, Houston, San Antonio and Atlanta.
The real estate broker representing the seller was Cushman & Wakefield Sonnenblick Goldman's global hospitality group. Tom McConnell and Ernest Lee led the Cushman & Wakefield team. "We received incredible interest during the sale, which highlights the continued demand for well-located, high quality hotels in the greater New York City area," McConnell said.
Sarra Sounds Off, Ep. 17: Olympics a possibility for Long Beach wrestler? On the latest episode of "Sarra Sounds Off," Newsday's Gregg Sarra talks with Long Beach wrestler Dunia Sibomana-Rodriguez about pursuing a third state title and possibly competing in the Olympics in 2028, plus Jared Valluzzi has the plays of the week.
Sarra Sounds Off, Ep. 17: Olympics a possibility for Long Beach wrestler? On the latest episode of "Sarra Sounds Off," Newsday's Gregg Sarra talks with Long Beach wrestler Dunia Sibomana-Rodriguez about pursuing a third state title and possibly competing in the Olympics in 2028, plus Jared Valluzzi has the plays of the week.
