{"id":35806,"date":"2022-11-14T09:55:56","date_gmt":"2022-11-14T14:55:56","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=35806"},"modified":"2022-11-14T09:55:56","modified_gmt":"2022-11-14T14:55:56","slug":"adirondack-diamond-point-lodge-owner-buys-forest-hill-lodge-cabins-lake-george","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/11\/adirondack-diamond-point-lodge-owner-buys-forest-hill-lodge-cabins-lake-george\/","title":{"rendered":"Adirondack Diamond Point Lodge Owner Buys Forest Hill Lodge &amp; Cabins, Lake George"},"content":{"rendered":"<figure id=\"attachment_35807\" aria-describedby=\"caption-attachment-35807\" style=\"width: 900px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-35807\" src=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/11\/diamond-point-h.jpg\" alt=\"\" width=\"900\" height=\"607\" srcset=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/11\/diamond-point-h.jpg 900w, https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/11\/diamond-point-h-300x202.jpg 300w, https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/11\/diamond-point-h-768x518.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><figcaption id=\"caption-attachment-35807\" class=\"wp-caption-text\">This is part of Forest Hill Lodge &amp; Cabins in Lake George, being renovated and purchased by Todd Drake, the owner of adjacent Adirondack Diamond Point Lodge.<br \/>Courtesy Adironack Diamond Point Lodge<\/figcaption><\/figure>\n<p>By Susan Elise Campbell<\/p>\n<p>Adirondack Diamond Point Lodge in Lake George is expanding with the acquisition of Forest Hill Lodge &amp; Cabins, two adjacent acres that will help meet the demand of vacationers who seek the rustic, off-lake experience the Lodge provides, according to owner Todd Drake.<\/p>\n<p>The Drake family purchased the Lodge at 3629 Lake Shore Drive in April 2021 and added Cramer\u2019s Point Motel at 3382 Lake Shore Drive<span class=\"Apple-converted-space\">\u00a0 <\/span>to their holdings in February, he said.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The latest purchase adds \u201ca mix of apartments and short-term rentals\u201d to their offerings. The deal closed at $990,000.<\/p>\n<p>\u201cWe overpaid for it, but didn\u2019t want it sold to someone else,\u201d said Drake. \u201cSome people who had rented at Forest Hills already thought it was ours and showed up on our doorstep. It made sense to buy it.\u201d<\/p>\n<p>Drake\u2019s construction company, CornerStone Building Corp. in Watervliet, has begun \u201cinterior upgrades and redecorations\u201d and \u201cthe FF&amp;E is up to speed\u201d on the rustic Adirondack style d\u00e9cor and finishes.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p><span class=\"s1\"><span class=\"s2\"><!--more--><\/span><\/span>\u201cThe furniture, linens, and flooring are all being upgraded,\u201d he said. \u201cExterior work will begin in the Spring and we may have a grand opening in June.\u201d<\/p>\n<p>The Adirondack Diamond Point Lodge has seven cabins and a main lodge and Drake said that \u201cthe cabins and chalets on the neighboring property are different, special, and unique.\u201d<\/p>\n<p>\u201cYou don\u2019t see a lot of A-framed chalets,\u201d said Drake. \u201cWe will be able to offer some rentals with three bedrooms and two bathrooms for families and others traveling in larger groups.\u201d<\/p>\n<p>Drake said the owners are also exploring designs to make four bedroom\/two bath units, such as by adding a spiral staircase between floors.<\/p>\n<p>\u201cThere may be opportunities with traditional buildings to make enhancements like these, but no one builds like this today,\u201d he said. \u201cOld equals authentic. You can\u2019t get these organic materials in a hotel room built for commercial use.\u201d<\/p>\n<p>\u201cWe are maintaining the traditional, authentic log cabins because that is our appeal at Adirondack Diamond Point Lodge,\u201d he said. \u201cThe additional 11 rental cabins will be the same quality as the Lodge, although each is unique.\u201d<\/p>\n<p>Drake said that leisure travel was a strong market in 2021 and that properties like theirs \u201coff of Lake George did very well. But that changed this year with rising energy costs and inflation.\u201d<\/p>\n<p>\u201cThere were not as many travelers in 2022 and on-lake properties tend to be weekly stays by a monied crowd,\u201d he said. \u201cSo rates stayed high.\u201d<\/p>\n<p>Thus the owners expect more competition for off-lake rentals among a limited pool of prospective vacationers, according to Drake.<\/p>\n<p>\u201cAt our price point, vacationers are getting the quality and amenities of an expensive hotel, such as 100 percent cotton sheets and linens,\u201d<span class=\"Apple-converted-space\">\u00a0 <\/span>he said. \u201cThey get more of the upscale Lake George experience for their money.\u201d<\/p>\n<p>\u201cAdirondack Diamond Point Lodge is building a tradition of family and friends in the Adirondacks,\u201d Drake said. \u201cHospitality is not the word for what we are achieving. It\u2019s experience.\u201d<\/p>\n<p>The Drake family also owns Smoke Rise Campground on Route 9 north of Chestertown.<\/p>\n<p>Visit www.adirondackdiamondpointlodge.com for more information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Susan Elise Campbell Adirondack Diamond Point Lodge in Lake George is expanding with the acquisition of Forest Hill Lodge &amp; Cabins, two adjacent acres that will help meet the demand of vacationers who seek the rustic, off-lake experience the Lodge provides, according to owner Todd Drake. The Drake family purchased the Lodge at 3629 [&hellip;]<\/p>\n","protected":false},"author":89,"featured_media":35807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Adirondack Diamond Point Lodge Owner Buys Forest Hill Lodge &amp; Cabins, Lake George - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/11\/adirondack-diamond-point-lodge-owner-buys-forest-hill-lodge-cabins-lake-george\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Adirondack Diamond Point Lodge Owner Buys Forest Hill Lodge &amp; Cabins, Lake George - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"By Susan Elise Campbell Adirondack Diamond Point Lodge in Lake George is expanding with the acquisition of Forest Hill Lodge &amp; Cabins, two adjacent acres that will help meet the demand of vacationers who seek the rustic, off-lake experience the Lodge provides, according to owner Todd Drake. The Drake family purchased the Lodge at 3629 [&hellip;]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/11\/adirondack-diamond-point-lodge-owner-buys-forest-hill-lodge-cabins-lake-george\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Glens Falls Business Journal\" \/>\r\n<meta property=\"article:published_time\" content=\"2022-11-14T14:55:56+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/wp-content\/uploads\/sites\/109\/2022\/11\/diamond-point-h.jpg\" \/>\r\n\t<meta property=\"og:image:width\" content=\"900\" \/>\r\n\t<meta property=\"og:image:height\" content=\"607\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\r\n<meta name=\"author\" content=\"Jake Van Ness\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Van Ness\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/11\/adirondack-diamond-point-lodge-owner-buys-forest-hill-lodge-cabins-lake-george\/\",\"url\":\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2022\/11\/adirondack-diamond-point-lodge-owner-buys-forest-hill-lodge-cabins-lake-george\/\",\"name\":\"Adirondack Diamond Point Lodge Owner Buys Forest Hill Lodge &amp; 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