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Berkshire Eagle in Pittsfield, Massachusetts

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Berkshire Eagle

Location

Pittsfield, Massachusetts, United States of America

Date

Aug 17, 1963

Page

4

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.

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.

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.

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.

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.

Federal Housing Administration

Also Mentioned on This Page

Edward J. Farrell Oon SEARS Nin Asleep Hale Ace Oe Dele Supplies Crane Avenue Gill J. W. Gull Oil & Coal CO West Howsatonic St Shedd Tyler St Heritage Landers Road LEE Main St East Center Phintber Anthony G Wilton St. Pittsfield Mass T. Cavan Barrington Donald Marrin Tyler St Pittsfield Awrence C. Latimer North St. Pittsfield Norman R. March East St. Pittsfield John F. Pullano Ralen F. Wiliams Plunier Donald G. Shee Tyler St. Plistierd James F. Carly Pleasant St. Dattan Rovert O. Hammer Railroad St Gl Lane Charles T. Jay Sherrhd Ave Paul J. Menke Green Ridge Galton Jean J. Miller Willow Law Lenox Lin Marry Shea Tyler Hens Ing Center du Pont Calida Lind & Halloo Carr Hardware CO North St. WY Goyette Bros Crane Ave Berkshire Lumber Berkshire Lumber Company Fred Whitham Columbus Ave Dial
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