Ed Riley

Ellen Abbott / WRVO News file photo

It was another step forward in the restoration of the historic Hotel Syracuse Thursday with the renaming of the iconic hotel.

    

It’s a transition from a name that’s meant memories for over 90 years in Syracuse, to a name travelers across the world recognize. 

"The Hotel Syracuse moniker, brand, is going to retire," declared hotel owner Ed Riley. "The new name of this hotel, and the new partnership we will have, will be the Marriott Downtown Syracuse.”

George F / via Flickr

Syracuse lawmakers agreed to a pilot program Monday that will ease the tax burden for developers renovating the historic Hotel Syracuse.

City Deputy Commissioner for Development Ben Walsh says this is a big step in moving the project forward.

“The project is complicated, and frankly, as expensive as this, it needs as much certainty and predictability as possible," Walsh said. "And that’s what the pilot provides. It provides a certain payment for a period of time when the hotel is most vulnerable in it’s initial years of operation.”