Sale of Yorktowne Hotel postponed

The sale of the Yorktowne Hotel has been postponed until April, according to the York County Sheriff’s Office.

The future of the hotel has been in limbo since PNC Bank filed papers in October saying the owners defaulted on a $4.5 million loan and owe more than $20,000 in late fees.

The hotel has continued to operate as usual since that point, and hotel manager Rick Cunningham has said owners are continuing to work with the bank to stave off the sale.

One of York’s tallest buildings, the landmark building at 48 E. Market St. is listed on the National Register of Historic Places.

The hotel was originally listed for Sheriff’s sale Feb. 7. The hotel will now be listed in the April 11 Sheriff’s sale.

– Reach John Walk at 505-5439 or jwalk@yorkdispatch.com or follow on Twitter @ydcity.