It's a good move by them. I was surprised when I heard a while ago that the Saratoga Historical Society didn't have control of the property. However, assuming NYRA stays there is nothing to worry about.
Saratoga is very tough. If you live in an historical district you need to submit plans to a planning board for any facade changes you wish to make on your home. Plus, next time you're in town take a look at the sign for the Holiday Inn. It's as small as it is for a reason. They work very hard there to keep the place looking as good as it does.
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