EAST AURORA, N.Y. (WIVB) — Developer Douglas Jemal confirmed to News 4 that he is in talks to purchase The Roycroft Inn in East Aurora.
Jemal, in recent years, has been active in purchasing historic buildings in Western New York. He has previously purchased the Seneca One Tower, Police Apartments, Statler, the Hyatt Regency, and 625 Alberta Drive.
The Roycroft Inn, established in 1905, has served as a center of activity for the community. It received National Historic Landmark status in 1986.
The Roycroft Inn is currently owned by the Margaret L. Wendt Foundation. There is currently no word on the cost of the purchase.
The Margaret L. Wendt Foundation released the following statement to News 4 Thursday night:
We [The Margaret L. Wendt Foundation] are under contract with Douglas Development to purchase the Roycroft Inn, Chapel and related parcel that the Foundation owns at 461 Main Street. The Foundation is excited for the Inn’s future with Douglas Development. They have the same mission to preserve the legacy of this historic landmark that the Margaret L. Wendt Foundation and other community members and organizations have had during the 30 years we have been honored caretakers of the property. Running an Inn is not the Foundation’s core mission, and this allows us to bring funding spent on maintenance and operation of the Inn back into the assets of the Foundation, which will in turn be distributed back out to the Western New York community through the Foundation’s grant efforts.”The Margaret L. Wendt Foundation