Gideon Putnam
In 1802, Putnam purchased an acre of land from Henry Walton beside
Congress Spring and hired carpenters to build the first hotel of
Saratoga Springs.[2] Completed and opened in 1803, the three-story guesthouse was named "Putnam's Tavern and Boarding House",[8] though designated "Putnam's Folly" by locals for its "pretentiousness"[4][13][14] and his "optimism and ambition".[15] The guesthouse was rather conspicuous, for the entire area was blanketed in wilderness.[10] At the time, the village comprised "a few log cabins, and the visitors were all invalids".[16] New settlers in the area had the opportunity to buy plots of Putnam's property,[17] and they instantly sold out.[18] A couple years later, Putnam expanded the hotel, including a parlor, dining room, and ballroom.[15]
The guesthouse's name was later changed to "Union Hall". It was owned
by Putnam's progeny until 1864, when it was sold to the Leland Brothers,
who renamed it "Grand Union" in 1969
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