New player in the downtown GF real estate market: Tom Elliott will buy 2nd Bldg.



Katie DeDe, managing editor of the Chronicle

“We love what’s going on in Glens Falls,” says Florida businessman Tom Elliott with his girlfriend Susie Westfall.

Tom Elliott is the latest developer to hit the scene in downtown Glens Falls.

He and his girlfriend Susie Westfall have already bought 12 Warren Street, where the JMZ architects once lived, and now houses the Black Anvil body art / tattoo parlor on the ground floor and an apartment upstairs. They paid $ 345,000, said realtor Mark Levak.

Now Mr. Elliot – with longtime friend and business partner Rich Kunzl – is preparing to complete the purchase of 170 Glen Street, the former home of HR Tyrer Galleries, where he says they have big renovation plans.

The 6,500-square-foot building was auctioned at $ 319,000, but the closing that was expected this week did not happen, so no final sale price was announced at time of publication.

Mr. Levak also brokered the sale, which is listed on Berkshire Hathaway.

“This is more of a development in downtown Glens Falls,” says Levak. “They fan the fire of progress.”

Tom Elliott and his girlfriend Susie Westfall bought the building on Warren Street for $ 345,000. Chronicle photo / Mark Frost

Elliott, 56, said he was an agent for professional golfers “in a past life.”

He and Mr. Kunzl, best friends since ninth grade, are co-owners of Linksters Paddy Wagon, a 35-bar chain in Sarasota and Florida’s Gulf Coast, whose main brand is Paddy Wagon, an Irish pub.

Both sons of contractors: “We have experience in design and construction.”

Mr. Elliot was born, raised and lived his entire life in Sarasota. According to him, he has been spending the summer at Bolton Landing for a long time.

“That was 20 years ago. We went on vacation with the kids, and I was watching the US Open at Tavern on the Pond in Bolton when I learned that the bar had been sold due to a dispute between the owners, ”he recalls.

Further: “I bought this building, but for a very long time I did not use it as a bar.” He was approached by the Lake George Land Conservancy and bought a building for their offices. He said he has since bought several homes in Bolton, including the cabin they rent through Airbnb.

Mr. Elliot says that he, his ex-wife and their four children, ages 8 to 20, are still there in the summer. “Bolton is cool,” he says, “but I’m coming down to Glens Falls more and more. I am not digging the tourist scene. “

He, his girlfriend and children spent the first part of the summer in a two-story apartment at 12 Warren. “We did an explosive renovation,” he says of the attic made of bricks and exposed beams. They have just returned to Florida and are renting a room through Airbnb through agent Susan Siplon.

Mr. Elliot says: “We’re doing great with the reservation for 12 Warrens. We expect to rent all year round. “

Tom Elliot and his partner are set to complete the purchase of this list of buildings for $ 319,000. Chronicle photo / Mark Frost

As for the new purchase, “I am very happy for 170 Glen,” says Mr. Elliott. He wants to lease a retail space on the ground floor, possibly negotiating with a hairdresser.

“The bones are good,” he says. “We will immediately redo the façade,” currently maroon green. “These Christmas colors might be a little tired,” he says.

Bigger plan: “Make two really cool apartments on the second and third floors.”

One will be two-story, with four bedrooms, using part of the second floor and the entire third floor, with large windows overlooking Glen Street. He plans a closed porch and an open rooftop patio at the back of the building. “This is going to be a real cocky squad,” says Mr. Elliott.

Another apartment will be smaller at the back of the second floor.

Mr. Elliott says they expect to spend less than a million dollars in repairs. Ethan Hall of Glens Falls is an architect.

They will be renting apartments through Airbnb.

“Airbnb is super cool right now. I don’t know how long it will be stable, but for a while it will definitely have legs. There is such an audience for this, ”says Mr. Elliott.

“We love what’s going on in Glens Falls. This is a great location between Lake George and Saratoga, where more and more things happen.

“Living in the city center, you can walk out the door every day and there’s always something,” citing Take a Bite, Food Truck Corrals at the shirt factory, Adirondack Theater Festival, outdoor concerts and films at City Park. restaurants such as Morgan and Co. ., [farmacy], and Mikado.

“I kept thinking that the children would get tired of it, there are six of us in this tiny apartment, but they didn’t. There is something to do day and night. “

Mr. Elliot also collects classic cars. His 1963 Ford F-100, finished with a unique untreated green and linen yellow patina, was all the rage on Warren Street this summer.

“I’m digging Glens Falls,” says Mr. Elliott. “I see the growth opportunity that is available now. You can make prohibitive deals in other markets. “

Expressing his admiration for Glens Falls developer Peter Hoffman, Mr. Elliot says: “I love these old buildings. I believe this is a matter of governance, preserving the history of a building that dates back to the 1800s.

“It is unfortunate to see old buildings not being looked after when owners exceed dollars to earn nickel, rather than making an initial investment to attract people and set the bar higher.”

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