Westchester County’s ever-evolving hotel market was making headlines this week with the announcement that the Westchester Marriott in Tarrytown has been sold for $40 million to a group of three entities that includes Taconic Capital Advisors, HEI Hotels & Resorts and Ares Commercial Real Estate Corporation. The 444-room hotel, which is a BCW Member, will continue to operate under the Marriott flag and will be managed by HEI Hotels & Resorts. Taconic and HEI said the hotel will undergo a comprehensive $30-million renovation focused on all areas of the hotel. The Westchester market has lost nearly 1,200 directly competitive hotel […]