Amsterdam hotel headed to auction block

By REBECCA WEBSTER

Recorder News Staff

The America's Best Value Inn in the city of Amsterdam is back up for auction.

Mid-April legal notices detail that the 10 Market St. parcel of land will be sold via public auction at 11:30 a.m. on May 3 at the Montgomery County Courthouse.

The judgment amount is more than $3 million, the notice reads.

An auction had been originally planned for March 15 at the county courthouse, but Robert von Hasseln, Director of Community and Economic Development for the city, said the city had talked to the property owner about holding off in order to give the city a chance to help them find a buyer interested in boosting the property.

Von Hasseln compiled a list entitled "Top Twenty-five reasons to buy the America's Best Value Inn, Amsterdam, New York" and offered it to the broker of the property.

"I sent that to the broker and I said, look you've got all the information about the hotel itself, but would you send this around to your prospects, your potential clients, and he agreed and must of because I started to get calls," von Hasseln said.

Calls came in from interested buyers from Las Vegas, Florida, and Colorado who wanted to know more about the hotel and Amsterdam, von Hasseln said, and in following weeks he received regional interest.

But seeing the legal notice once again about the auction boggled him.

"I don't know at this point why it's gone back on the auction list. It could be several reasons."

The director said he has reached out to the broker to find out, but as of Friday had yet to hear back.

But von Hasseln said they did the right thing.

"We stepped in and tried to help it along for the good of the downtown and the good of the city."

Best Value Inn management personnel could not be reached for comment on Friday.