Two Berkshires Hotels Sell
A two-hotel portfolio totaling 171 keys in Lenox has sold to a new owner in a $38 million deal.
A two-hotel portfolio totaling 171 keys in Lenox has sold to a new owner in a $38 million deal.
Desperate buyers waiving home inspections and going way over asking. A steadily shrinking pool of homes available for sale. Yes, the tidal wave of homebuying unleashed by the pandemic in the suburbs of big urban markets across the country has reached bucolic, quirky and cultured Western Massachusetts.
A new analysis of nationwide mortgage application data shows just how much demand for vacation homes has grown during the pandemic.
As Massachusetts works to claw its way back from the economic upheaval of the COVID-19 pandemic, business leaders in the western part of the state see an opportunity to generate new interest in the region’s offerings.
“It’s about a slow but steady transformation. It’s almost like a formula. Keep up with the current businesses you have. Promote the ‘cultural economy.’ Try to attract new businesses.”
Armed with emails and social media comments from more than 700 Western Massachusetts residents, two lawmakers pitched the Transportation Committee on studying an east-west passenger rail connection between Boston, Greenfield and North Adams.
The Lanesboro mall, just north of Pittsfield, is facing court action over $276,000 it owes to the Baker Hill Road District.