The Wallkill Valley Rail Trail  is on the bed of the Wallkill Valley Rail transport, the former main transportation link for New Paltz.
Rail Travel to New York City:
Nearby Poughkeepsie is the end of the line for Metro-North Rail. Poughkeepsie is a 15-20 minute drive east of New Paltz. Taxis are available in Poughkeepsie to transport travelers to and from New Paltz. Riding on Metro-North out of the Poughkeepsie Station is clean, safe and reliable. Trains run from very early in the morning until late into the evening. Fares can run as low as $12.75 each way.
As of July 2008 there is a bus you can take that picks you up at the Poughkeepsie train station and stops in New Paltz . It is run by the Ulster County Area Transit . View the bus schedule here: Bus schedule (pdf format) 
From Cozy beds and breakfasts to resort accomodations. Youth hostel next to bus station on Main street.
New Paltz Hostel, 145 Main Street, ☎ 845-255-6676, . checkin: 4:00; checkout: 10:00. The New Paltz Hostel has a home like feeling and a laid back, comfortable atmosphere. Has a full functioning kitchen with communal food available to guests. The Mohonk Mountain is only about 10/15 minutes away by car. Provides bunk bed style rooms (a men's room and a women's room) and private rooms are also available. Includes all bed linens, towels, blankets, shampoo and communal food. 30. edit
Hudson Valley Resort & Spa, 400 Granite Road Kerhonkson, NY (Just off Route 44/55), ☎ 845.626.8888, . checkin: 4:00 pm; checkout: 12:00 pm. Just up the road from New Paltz and adjacent to Minnewaska state park is the historic Hudson Valley Resort & Spa, which offers guests an 18 hole championship golf course, a full service health spa and fitness center, a 41,000 sq. ft. conference center and complete resort amenities. http://www.hudsonvalleyresort.com$120-$190. edit
The Suite Escape B&B, 5 Angel Road, ☎ 845-750-6252, . checkin: 4:00 PM; checkout: 11:00 AM. A 900 sq. ft. suite just for you as the only guests. A Sleep Number king-size bed and different pillows. Quiet. Nearby hiking, climbing, biking. Small dining area with a microwave, toaster, Keurig coffee machine and refrigerator fully stocked for a light breakfast to be taken whenever you want. Special diets can be accommodated with advance notice, any-style organic eggs from free-ranging chickens are served to your liking at 8 AM.$185-235. edit
Mohonk Mountain House, 1000 Mountain Rest Rd, +1 845 255-1000, . On the west side of the river. $250-$600 per night, this fabulous getaway is a destination in and of itself. It features theme programs for each month, has an on-site massage center and 9-hole golf course and is a favorite for weddings, corporate events and family reunions. Adjacent Mohonk Preserve is open for hiking and nature walks.