Lindland and Keefe of HK Group completes sale of Mt. Kisco Holiday Inn for $8.5 million
David Lindland and Matthew Keefe of HK Group were the sole brokers for the sale of the Mt. Kisco Holiday Inn to a New Hampshire LLC for $8.5 million. The seller was Kisco Motel Associates of Florida.
The building consists of a two-story, 65,000 s/f, 122 guest room hotel with parking lot, landscaping and other exterior improvements located at One Holiday Inn Dr.
The sale represents increasing interest and improvements in the hospitality market. The hospitality market has come a long way back from its low point of 2008 - 2009.
HK Group is a full service commercial real estate firm started in 1988. It has grown from a local Westport business to one which today encompasses an operating area of New York, Connecticut and New Jersey.
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Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.