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.

MORE FROM Owners Developers & Managers

Mount Vernon Co. acquires John Carver Inn & Spa in Plymouth, MA

Plymouth, MA The Mount Vernon Company (MVC), a Boston-based real estate and hospitality investment firm, has completed the acquisition of the John Carver Inn & Spa, an 80-room property.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season