Glens Falls historic building passes to new owner with local imprint
GLENS FALLS, NY (NEWS10) – Currently, the four-story building at 425 Glen Street houses 92 apartments. But this is only the last part of the history of the historical structure.
As of this week, this story is a bit longer. The Heritage Apartments building, on Glen Street between the intersections with Goodwin and Union, was sold this week to Staghorn Property Management, a local company operating in several buildings in the city.
Staghorn bought the complex for $ 6.3 million, according to information from the Albany Business Review.
Staghorn Property Management has not returned NEWS10 requests for comment on Wednesday or Thursday, but include the building address on the company’s website with a new name, “District 425”, along with a new logo.
Staghorn also operates Bemis Place at 7-9 Sherman Ave .; Place d’Argent, down the street at 17, avenue Sherman; and Glen Place, at 453 Glen St. Online, the company identifies itself as a specialist in the reassignment of old properties.
The building that became their last acquisition was not always made up of houses.
As reported by the information of the Town of Glens Falls, 425 Glen Street had its first life as the former Glens Falls High School home, starting in 1906 after local architect Ephraim B. Potter completed construction the previous year.
Even then, it would increase over time. In the 1920s more were added to the rear of the building, allowing a junior wing to begin to be used.
This wing eventually took over the building in 1952, when the school moved to Quade Street; where the rest of school operations would follow in the 1980s.
Since then, the building has been listed in the National Register of Historic Places.
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