The Sound View Inn and Restaurant has been sold by its long-time family owners to a Manhattan-based hotel investment firm.
Rachel Levin Murphy and Ellen Levin Wiederlight announced the sale in a Facebook post today, attributing the sale to “family needs” and changing circumstances.
The Sound View Inn was founded by their parents, Jack and Donna Levin, who built the Sound Shore Motel in 1953 with just 12 rooms. Fifteen years later, the Levins also purchased the Sound View Restaurant.
The inn would eventually grow to have 45 motel rooms along with a 10-unit apartment complex. The Levins also added a piano-bar lounge and a large banquet room to the restaurant.
“It is with mixed feelings that we announce the sale of the Sound View Restaurant and Sound View Inn,” the owners wrote on their Facebook page this afternoon.
The buyer, Eagle Point Hotel Partners LLC, is a hotel investment firm that was founded in 2011 by two hotel real estate veterans. Eagle Point Hotel Partners targets “midscale, full-service
[five_sixth] and boutique hotels” that demonstrate room for growth, according to the firm’s website.
Since the firm was founded in 2011, Eagle Point Hotel Partners has acquired at least a dozen hotels all over the country.
Filament Hospitality Group, a partner of Eagle Point Hotel Partners’ founders, will oversee daily operation at the inn and restaurant.
“The company has expressed its intent to continue operating the property as a family resort with the same staff that has served the Levin family and its guests for decades,” Rachel Levin Murphy and Ellen Levin Wiederlight wrote.[/five_sixth]
The Sound View Inn and Restaurant will open with business as usual in March, they said.
“It is our hope and expectation that the Sound View will continue to grow and to serve our local residents and visitors to the North Fork communities,” they wrote. “Thank you all for your support over the years.”