News: Owners Developers & Managers

The Goldman Group to redevelop former nursing home building into 30-unit condominium complex

Great Barrington, MA On January 26th, The Goldman Group, a Boston-based real estate company, was approved by the Great Barrington Planning Board to convert the former nursing home at 148 Maple Ave. into 30 condominium units. At present, the town has a vacancy rate of 0%. With the town in immediate need of additional residential property, this development will contribute to the community-wide effort of increasing the inventory of available housing. 

The development will comprise 12 one-bedrooms, 16 two-bedrooms, and two three-bedrooms. Amenities are set to include a fitness center, pet-grooming station, an elevator, and both indoor and outdoor lounge areas. 

The Goldman Group has issued the following statement:

“We are grateful to have the support of the planning board to proceed with this exciting redevelopment project. Over the last few weeks, we have enjoyed holding meetings with neighbors and community members who have granted us the opportunity to better understand the town’s needs and interests. We look forward to our continued work with the town of Great Barrington as we continue the process and bring new value to an already vibrant community.”

With a construction crew in place and demolition already in progress, The Goldman Group expects the project to be completed by this summer. Units will be listed for pre-sale soon.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary