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Former Lighthouse Marina sold to Copake Country Club owners

Oct 05, 2022 12:45 am

Robin K. Cooper is reporting for the Albany Business Review the former Lighthouse Marina in Craryville on Copake Lake has been purchased by Jon Urban and his family. They have plans to reopen an on-site bar and restaurant. Urban and his investment partners bought the 1.6-acre boat club for $2.3 million, including $700,000 for the business, according to real estate agent John Barbato, who represented the seller, Dominick Sinisi. The transaction was completed September 21 and the details became public after the deed was filed with the county clerk's office last week. To keep the marina business running, the Urban group partnered with Nichols Marine of Albany to manage the boat service, repairs and winter storage business. In the past, the marina has rented its 48 boat slips seasonally at a rate of $2,500 apiece. The marina name has been changed to Mickey's Marina, a tribute to former Copake Lake-area businessman and seaplane operator Michael Braunstein, who died in 2013. In addition to reopening the restaurant and bar, the new owners will generate revenue renting out a three-bedroom, two-bathroom apartment on the property called The Captain's Quarters. The Urban family is originally from the Poughkeepsie area, and has lived in the Copake Lake community for 30 years. They also own the Copake Country Club. The group plans to take some time to come up with a business plan. They have not yet picked a theme for the restaurant or decided whether it will operate seasonally or year-round. Read the full story in the Albany Business Review