Editing Sharon Springs, New York (section)

==Potential hotel and resort development==

In late 2004, an investment group called, Sharon Springs Inc. (SSI) primarily based in New York City purchased the historic Adler, Columbia, and Washington hotels with the goal of turning Sharon Springs back into a resort destination. The Washington, in poor condition at the time, was partially demolished, and the group expressed their intention to demolish the Hotel Columbia as well.  In addition, the group purchased the functioning Imperial Baths which were intended to serve as a key draw to their resort plans.

The properties were acquired for a total of $750,000.<ref name="autogenerated1">{{cite news| url=https://www.nytimes.com/2008/06/05/nyregion/05sharon.html?_r=1&pagewanted=print&oref=slogin | work=The New York Times | title=Like the Water, Grand Plans Buoy Spirits at a Vacation Spot From a Bygone Era | date=June 5, 2008}}</ref> The Baths operations were closed at the end of the 2005 season marking the first time since the early 19th century that the village did not have a mineral bath tourist trade.<ref name="autogenerated1" /> The 150-room [[Adler Hotel]] on the northern edge of the village was one of the last hotels built prior to the [[Great Depression]], and was recognized for its Spanish style architecture. {{citation needed|date=December 2012}} The five-story hotel opened in 1927 and closed after the 2004 summer season.

In April 2007 the SSI held a press conference and outlined a $12 million plan to restore both the Imperial Baths and the Adler Hotel in an 18-month project that would bring in a projected 700 visitors a day when completed. Harold Shin, project manager for Manhattan-based architectural firm DeArch LLC, described how the Adler would be restored, and how the Imperial Baths would include both traditional baths and modern spa facilities.<ref>[http://timesunion.com/ASPStories/Story.asp?storyID=580476&newsdate=4/20/2007&BCCode=MBTA Story not found - StoryID: 580476 - Times Union - Albany NY]  {{webarchive|url=https://web.archive.org/web/20090403183608/http://timesunion.com/ASPStories/Story.asp?storyID=580476&newsdate=4%2F20%2F2007&BCCode=MBTA |date=April 3, 2009 }}</ref>

The plans have since changed from restoration of the existing historic hotels into a possible "$350 million plan to erect two 11-story hotels — including one with a helipad — a golf course, condominiums and a spa with a bathhouse and a day care center."<ref name="autogenerated1" /> Demolition and work on the properties was planned to start in 2008 according to the principal partner, Q Sung Cho. The timeline for completion would have been between five and seven years once the project began.

=== Delayed plans ===
As of September 2011, no work has commenced on the project and the purchased historic structures are in deteriorating condition. Buildings such as the Adler and Imperial Baths, which were in use recently before the purchase, may now be in need of immediate and emergency stabilization.{{citation needed|date=December 2012}}

In late June 2013, SSI suggested that plans were back on track although they would require approval from the Sharon Springs council. Per SSI partner AidenHan, their attorney and surveyor Joanne Crum brought details of the long-proposed SSI Imperial Baths project to the Sharon Springs Joint Planning Board on June 26. A formal application for the proposed work, which focused solely on the Baths with no mention of the Adler, was not presented. In the Planning Board meeting, Ms. Crum said, "There are three smaller buildings at the site and the remains of a fourth will be removed, but they will be able to salvage the Imperial Baths and gazebo, both of which will be renovated and restored." {{citation needed|date=March 2021|reason=No source for the quote}}

Sharon Springs Inc. received a $5 million loan from Noah Bank in New Jersey in September 2013, along with the utilization of a $1 million Restore NY grant. The money from these sources went directly towards the razing of the Hotel Washington<ref>{{cite web| url = http://www.bizjournals.com/albany/blog/2013/09/off-the-list-big-plans-in-a-small-town.html?page=2| url-status = dead| archive-url = https://web.archive.org/web/20130926074940/http://www.bizjournals.com/albany/blog/2013/09/off-the-list-big-plans-in-a-small-town.html?page=2| archive-date = September 26, 2013| title = Could Sharon Springs NY see big investment from Korean group? - Albany Business Review}}</ref> in mid September and were to help fund roof work on the Adler Hotel. By the end of 2013, a decision was to be made about whether to save or raze the Adler Hotel. Additionally, the funds were to go to the restoring of the Imperial Baths structures.<ref>{{cite web| url = http://www.bizjournals.com/albany/blog/2013/09/eight-years-later-spa-plans-excite.html?page=all| url-status = dead| archive-url = https://web.archive.org/web/20131110182241/http://www.bizjournals.com/albany/blog/2013/09/eight-years-later-spa-plans-excite.html?page=all| archive-date = November 10, 2013| title = SBA loan helps Sharon Springs, NY spa plan - Albany Business Review}}</ref>

At the close of 2014, the execution of the proposed plans listed above have still not materialized.