Mill Town Capital of Pittsfield purchases the 19th century David Wolf Bishop House on Walker Street in Lenox, which will be the new home of Renaissance Investment Group.
PITTSFIELD â Mill Town Capital has made another foray into the local lodging market by purchasing the only facility in the Berkshires that is specifically set up to accommodate long-term guests. The Pittsfield-based private investment firm paid $2.25 million to purchase the Yankee Suites Extended Stay complex in Pittsfield from Toole Properties 2002, Inc., according to documents filed at the Middle Berkshire Registry of Deeds. Toole Properties is a subsidiary of the Berkshire-based Toole Cos., which owns three other lodging establishments in Lenox. Mill Town, which has obtained a mortgage on the property with Greylock Federal Credit Union, will operate its new acquisition under the subsidiary, Rivera Properties LLC. Toole converted the former apartment building on West Housatonic Street into an extended stay facility after purchasing it in 2002. According to Mill Townâs Managing Director/CEO Tim Burke, the complex contains a mixture of 26 studio and one bedroom suites. â
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PITTSFIELD â The COVID-19 pandemic disrupted everything during the past 12 months, and the Berkshire County economy was no exception.
As the regionâs economy begins to recover, itâs worth looking back at where the Berkshires have been, businesswise, since March 2020. Here is a brief retrospective of some of the events that have taken place.
Learning to pivot
Berkshire Sterile Manufacturing in Lee uses state-of-the-art technology to produce sterile injectable drugs for pharmaceutical and biotech companies that are in clinical studies for the treatment of diseases. It originally was approached by the federal government in early March 2020, to gauge its interest in helping to develop a COVID-19 vaccine. Instead, the company used its facilities to help clients develop medications for people who had contracted the virus.
That was then; this is now: The impact on business berkshireeagle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from berkshireeagle.com Daily Mail and Mail on Sunday newspapers.