Stefanopoulos buys No. 9 property

MILLERTON — Four Brothers restaurant chain co-founder Peter Stefanopoulos has purchased the building that is home to Number 9 Restaurant & Inn on Main Street. Tim and Taryn Cocheo opened No. 9 in 2009. Before that it was the Simmons’ Way Village Inn, most recently owned by Jay and Martha Reynolds.Having retired to South Carolina, the Reynolds found that being absentee landlords did not fit well with their new lifestyle. In previous conversations, Stefanopoulos had expressed interest in purchasing the property. The time was right to reach an agreement, Jay Reynolds said in an email.Stefanopoulos said in an interview last week that No. 9 will remain as is under its existing management, as was the arrangement with the previous landlords.“I left it the way it was,” said Stefanopoulos, who purchased the property for $675,000 on Oct. 9, according to Dutchess County Real Property Tax Service Agency.In time, Stefanopoulos plans to make some renovations. “Little by little, I’m going to upgrade it,” he said. “A little face-lifting.”As for the motivation behind his purchase, Stefanopoulos cited the building’s physical character and its location in the center of Millerton.“I love old buildings,” he said, “I like the town of Millerton. It’s a good investment.”The Simmons’ Way Village Inn was created by Robert and Carol Sadlon, preservationists and founders of The Moviehouse.The Sadlons purchased and renovated their theater in 1978 and soon after, according to Carol Sadlon, took note of the building across the street. Despite its poor condition, the couple found the building extraordinary and were motivated to preserve it.In 1983, the Sadlons purchased the property and began a two-year renovation.A forest of spruce trees in front of the building was taken down and recycled into the construction. Many rooms were added, including the restaurant and kitchen in back, a tea room in front and 13 bathrooms.After two successful years of operation, including a 1987 cover story in New York Magazine, the Sadlons sold the business that year to Richard and Nancy Carter, who ran the inn until selling to the Reynoldses.“It was an amazing experience to salvage the building and create the inn,” Carol said.

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