[From buffalorising.com]
A letter of intent has been signed between Canadian developer Harry Stinson and Matthew Shollar of Reception Hotel & Resorts for the iconic Hotel Niagara that has sat vacant in the heart of Downtown Niagara Falls for several years.
Harry Stinson has struggled to attain financing for his vision of restoring the Hotel Niagara back to its 1920s glory as an independent destination hotel. If a deal is struck, Shollar and his partners intend on pursuing a Raddison flag or comparable flag for the hotel redevelopment…
READ THE FULL ARTICLE HERE: http://buffalorising.com/2015/05/letter-of-intent-signed-to-purchase-historic-hotel-niagara/
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