
©2021 SaratogaPhotographer.com
By Christine Graf
Long Island developer, thoroughbred owner, and NYRA board member Michael Dubb has partnered with The Adelphi Hotel owner Larry Roth to return the 128,000-square-foot Rip Van Dam Hotel in the heart of downtown to its original grandeur.
Built in 1840, the Rip Van Dam, is located at 365 Broadway next to The Adelphi Hotel at 353 Broadway in Saratoga Springs. The $50 million renovation and expansion project has received site plan and design review approval and is awaiting an architectural review.
“I never really had intended to get involved in real estate development in Saratoga, but two projects found me. I didn’t find them,” said Dubb.
In addition to the Rip Van Dam project, Dubb is also in the process of developing 53 lots in Oak Ridge, a luxury housing development located just five minutes from the track.
“I thought the land was so beautiful that I just couldn’t pass it up,” he said.




