Century House Property in Latham sold for $6.5 million
LATHAM – The Century House Property on Route 9 in Latham has been sold for $6.5 million.
Sunrise Management and Consulting bought the 14-acres of land that includes The Century House restaurant, banquet hall and hotel. So those businesses will continue to operate while plans get underway to build residential housing on the property.
Sunrise will be seeking approval for a two-phase plan for development. The first phase would add two buildings and a courtyard that would connect the two apartment structures. Building one would add approximately 58 apartments, and building two would add 24.
If the Century House family chose to retire down the road, a third building could be built in a second phase. The original Century House home would be restored and remain if the second phase was built.