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Historic Abraham Lincoln hotel sold

By 69 News, follow: @69news, news@wfmz.com
Published On: Apr 16 2013 07:00:00 PM CDT
Updated On: Apr 16 2013 11:09:01 PM CDT

The historic Abraham Lincoln Hotel in downtown Reading officially has a new owner.

READING, Pa. -

The historic Abraham Lincoln Hotel in downtown Reading officially has a new owner.

A deal worth more than $5 million was completed Tuesday afternoon and includes the sale of the building's parking garage.

Developer Alan Shuman says he's planning $10 million in renovations and says he wants the reshape it into Berks County's only historic grand hotel.

The hotel first opened back in 1930.