City Council defeats elderly housing plan again
Pittsfield faces a setback as the City Council votes 7 to 4 against rezoning to permit 100 units for elderly residents. The Pittsfield Housing Authority had $1.2 million in funds and 200+ applications, but zoning hurdles and site concerns block the project despite state approval and a need for affordable elderly housing.
MENTIONED IN THIS ARTICLE
Pittsfield Housing Authority
Francis Avenue
Walionsh Street
Pittsfield
Housatonic
Newell Streets
Honaing
Elberon Ave
Allen Heights
Country Club
Nue
Berkshire Hills
di Ts
Ceramic Tile Gains Favor Across United States
New York reporters note Ameri can builders survey from the Tile Council of America shows 80 percent of 4,500 builders plan to increase ceramic tile use over the next five years, highlighting demand for durable easy to maintain surfacing.
MENTIONED IN THIS ARTICLE
New York
UPI
Tile Council of America
Congestion Dims Prospects of Secondary Strip Stores
Experts say secondary strip stores are dying as more retail shifts away from small units outside major districts. Factors include lack of off street parking, heavy traffic, and poor access. Demolition or conversion to offices, storage, or housing are proposed remedies to curb vacancies.
MENTIONED IN THIS ARTICLE
Anthony Dewis
James McLean
Journal of Property Management
Downs and
McLean
More Shopping Center Sales Expected in Coming Years
National Association of Real Estate Brokers reports over 6,000 centers nationwide and ongoing new builds. They say more centers will be sold in the next two years than in the past five as depreciation shifts tax income, with buyers seeking 10 to 12 percent returns. Refinancing depends on center stability, location, improvements, tenants, and borrower reliability.
MENTIONED IN THIS ARTICLE
Elberon Avenue
Francis Plaza
Wahconah Heights
Pittsfield
Berkshire County
White House
Walter €. Nelson
National Association of Real Estate Brokers
Revised FHA Plans Allowed Purchase Of Costlier Homes
The Federal Housing Administration said smaller down payments and longer loans under the FHA program last year let buyers acquire more expensive homes without raising monthly housing costs. A newly built home with FHA insured loan averaged 5 percent down, $15 151 value, and $105.20 monthly payment on a 34 year mortgage. income about $7289. An existing home averaged $14 082, 5 percent down, and $100.90 monthly on a 27 year loan. income about $7192. Mortgage payments covered taxes and insurance.
MENTIONED IN THIS ARTICLE
Federal Housing Administration
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Ace Oe Dele Supplies
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Gill
J. W. Gull Oil & Coal CO
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Shedd
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Landers Road
LEE
Main St
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Phintber
Anthony G
Wilton St. Pittsfield
Mass
T. Cavan
Barrington
Donald
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Tyler St Pittsfield
Awrence C. Latimer
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Norman R. March
East St. Pittsfield
John F. Pullano
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James F. Carly
Pleasant St. Dattan
Rovert O. Hammer
Railroad St Gl
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Sherrhd Ave
Paul J. Menke
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Galton
Jean J. Miller
Willow Law Lenox
Lin
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Shea Tyler
Hens
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du Pont
Calida Lind & Halloo
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Goyette Bros
Crane Ave
Berkshire Lumber
Berkshire Lumber Company
Fred Whitham
Columbus Ave
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