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Oheka Castle – A Mecca for Royalty

Have you ever thought about spending your vacation in a castle? Did you know that one of the most beautiful castles in the world is right here in the United States? The Oheka Castle is a french-style château that sits on 442 acres of land and located at the highest point in Long Island.  The 1920′s were the castle’s heyday; it was a mecca for royalty, heads of state and Hollywood stars. Today, Oheka still offers a famous guest list including, Charlie Chaplin, Bill Clinton, Demi Moore and Ashton Kutcher.

The hotel, has 32 luxury guestrooms and suites, as well as a ballroom, library and formal gardens with eight reflecting pools. Guests can explore the Long Island wine country, unwind with an in-room massage or enjoy exclusive golf and tennis privileges at the Cold Spring Country Club.

When current owner, Gary Melius purchased the property in 1984 for $1.5 million, the property was dilapidated and falling apart. Today, 70 percent of the site has been restored. Future plans for Oheka included, an addition of a restaurant and spa.

Recently, The Oheka Castle has been transferred to servicer,  C-III Asset Management LLC, according to a Citybizlist report, due to imminent default. C-III Asset Management LLC is a  subsidiary of C-III Capital Partners, CEO Andrew Farkas. C-III Capital Partners is the named special servicer for more than $152 billion of commercial real estate loans. C-III Capital Partner is experienced and provides innovative real estate equity and debt solutions that are tailored to clients and investors.

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