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CORNING, N.Y. -- The former McClintock Hotel in Corning could soon receive Historic Landmark status. Thursday, the Historic Preservation Committee voted unanimously to recommend the building be designated as a historic landmark.

The city council will now have the opportunity to vote for the East Market Street property's eligibility for a tax incentive as part of the State Tax Law. Under the program, owners of landmarks who improve their properties are fully exempt from tax increases for five years. The exemption then decreases by 20 percent annually for another five years until it expires.

A chairman of the Historic Preservation Committee says that the 122 year old building, now owned by Krog Corporation of Orchard Park, deserves to be recognized.

"It has served the street in varying capacities, mostly as a hotel and bar for all those years. It's a very historic building in our community," said Thomas Dimitroff, Historic Preservation Committee Chairman.

The McClintock Hotel closed its doors in 2010 when former owner Dick West retired. The hotel was often frequented by factory workers, serving breakfast and drinks to workers whose shifts ended at 8 a.m.