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The Latham Hotel to Close, Apartments Planned (Updated)

The Latham


Update (Nov. 4, 11:30 a.m.)

James Pearlstein, owner of Pearl Properties, confirmed in an email to Property that the real estate giant has purchased The Latham Hotel and plans to convert it into 144 rental apartments. "We don't have plans for the retail space at this time," wrote Pearlstein.

It should come as no real surprise that Pearl Properties is involved in this deal. This year alone, we've told you about their massive project involving 1900 Chestnut and the tower at the Boyd Theatre site, the demolition of the parking garage at Broad and Locust, the Under Armour and apartments coming to 16th and Walnut, and the purchase of the Art Deco building housing the Art Institute of Philadelphia at 1618 Chestnut Street, where Pearl is planning to put an Old Navy flagship store.


There's a big shakeup coming to the corner of 17th and Walnut, as The Latham Hotel will officially close its doors by Monday, November 9th.

PhillyChitChat's HughE Dillon first reported the news on October 30th, and a call to the Latham's front desk confirmed that the closure. "It's going to become condos ... everyone is getting laid off," said an employee at the Latham. A message left for general manager Ross Black has not yet been returned.

A quick peek at the reservation schedule on The Latham's website shows that nothing is available beyond Monday's date:

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Urban Enoteca Compared to a Dead Fish

Brian Freedman does not enjoy his wine or dinner at the Latham Hotel’s new Urban Enoteca. And that’s putting it mildly.

Worst of all was the “rustic stew of coastal shellfish.” It arrived practically trailing cartoon odor-lines, like those wisps of smoke that followed Pepe LePew in the old Warner Bros. classics. Bland halibut, well-cooked but virtually flavorless shrimp, “Maine lobster” that was little more that the occasional shoestring of flaccid meat—all that and more came to the table in a menacing bath of unexpectedly thick tomato sauce squiggled with a Day-Glo saffron rouille whose sourness was cause for concern.

Urban Enoteca’s ‘Wine Bar’ Charges an Arm and a Leg for Even the Most Uninspired Brands [Philadelphia Weekly]
Urban Enoteca [Official Site]