Ellenville, NY – The defunct Nevele Hotel in Ellenville has a buyer, the president of the auction company that is representing the seller said Monday afternoon. Marvin Neuman would not reveal the name of the buyer or the purchase price, but he did say the buyer would be converting the facility into a four to five star hotel.

Earlier, Neuman’s Auction America Realty had said that he was hoping to get $15.5 million for the property in an auction on Tuesday. That auction has been cancelled.

The 430-room Nevele Grand Hotel is a hotel located just outside of Ellenville, and has an 18 hole golf course. The Nevele dated back to the days of the Borscht Belt. To dedicate a new hospital in Ellenville in 1966, President Lyndon Johnson stayed at the Nevele. Eleven schoolteachers founded The Nevele in the late 1800s as an idyllic summer retreat; hence, the resort’s name is “eleven” spelled backwards.

The Nevele Hotel was Kosher for Pesach for many years – as recently as 2008.

(Source: MidHudsonNews / YWN Desk – NYC)