New Paltz Way Hotel Boutique Hospitality Project

11 Water Street, New Paltz, NY 12561

Under Construction

What is it? · Identity & scale

Project type: Commercial
Review stage: Under Construction
Hotel rooms: 28

Who & what? · Context & documents

Developer / applicant entity: New Paltz Way Hotel LLC (Principals: Jesse Haliburton & Ryan Giuliani)
Estimated investment / project cost: $12M
Reviewing board: IDA / LDC

Site notes

$12,000,000 boutique hotel development at 11 Water Street adjacent to the Water Street Market shopping district, Wallkill River, and Empire State Trail in the Village of New Paltz. Features 28 guest rooms (entered in Hotel Rooms), a self-led wellness center, coffee bar, bike rentals, and a living roof. Ulster County unanimously approved financial assistance on February 19, 2025; UCIDA April 2026 Loewke Brill construction monitoring reports confirm active construction with 84% to 100% local labor compliance across trades.

Source

Ulster County Industrial Development Agency (UCIDA)· Feb 19, 2025

Public record & decisions

Applicant Claims

Addresses overnight lodging demand near SUNY New Paltz and along the Empire State Trail while generating new 4% county occupancy tax, sales tax, and revenues.

Staff / Agency Concerns

Subject to monthly Loewke Brill local labor compliance inspections (85% local labor threshold across Ulster and neighboring Mid-Hudson counties) and UCIDA site signage compliance.

Public Testimony

Reviewed during UCIDA public hearing process prior to unanimous February 19, 2025 board approval.