Jones Block Auction in Adams Postponed

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The foreclosure auction of two downtown buildings was postponed after the developer filed in bankruptcy court.

ADAMS, Mass. — The scheduled foreclosure auction of the Jones Block was postponed until March after the developer filed bankruptcy.

A handful of potential bidders and onlookers were gathered outside the buiding at 49-51 Park St. in the frigid air for the start of the auction at 1 p.m. on Thursday. But instead auctioneer Corey Fisher of Aaron Posnik & Co. declared that the auction had been postponed to March 15 at 1 p.m.

The result was the same for companion building at 39-45 Park, set to be auctioned at 1:30. It, too, was postponed to March 15 at 1:30 p.m.

A representative for mortgageholder Hoosac Bank declined to comment on the change of plans, but it was apparently sidelined by the buildings' owner Samel Adams Enterprises LLC filing for Chapter 11 bankruptcy in U.S Bankruptcy Court, Eastern District of New York, on Wednesday, Jan. 23.


According to documents filed in the court yesterday, "At a meeting of the members of Samuel Adams Enterprises LLC, held on Jan. 23, 2012, by the unanimous vote of the members, it was unanimously approved that the limited liability company shall file a Chapter 11 petition ... ."
 


Adams Jones Block Scheduled for Auction

Samuel Adams was the limited liability company established by developer Gerardo "Gerry" Sanchez to own and renovate the two buildings. It has a mortgage for $700,00 on the Jones Block and $384,000 on the Carlow building, both taken out from Hoosac Bank in 2008.

The bankruptcy court filing puts the value of the two buildings at $2.125 million and lists only Hoosac Bank as the creditor holding secured claims with a value of $1.28 million. The company estimates its assets at between $1 million and $10 million.

Sanchez, head of Polonia Architectural Restorations, has had his ups and downs. While his company is known for its successful restoration projects, he also ran into bankruptcy trouble in the past and was forced to sell his holdings, according to a 2004 article in the Times-Herald Record of Middletown, N.Y.


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Regional Trail Coordinator Barnes Retires After Four Decades With DCR

By Breanna SteeleiBerkshires.com Staff
LANESBOROUGH, Mass. — The Department of Conservation and Recreation celebrated the retirement of Trails Supervisor Rebecca Barnes after four decades of service.
 
Friends and colleagues gathered in the Mount Greylock State Reservation Visitor Center and park offices on Wednesday to celebrate Barnes.
 
She began working at Mount Greylock State Reservation while in high school as a seasonal conservation helper, saying she fell in love with the place.
 
"Fell in love with Mount Greylock, and ever since I've been doing different jobs and different positions," said the Hoosac Valley graduate. "But I came full circle back to Mount Greylock at the end of the career, and I've been taking care of the forest and parks for 40 years now, and loving it, the trails, the campgrounds, the summit, the Ashuwillticook Rail Trail."
 
Priscilla Geigis, deputy commissioner for conservation and resource stewardship, wrote a song the group sang for Barnes, who she said has inspired her during the more than 20 years they've worked together. 
 
"Becky is so enthusiastic. She's so kind. She's funny. She's creative. She's really passionate and she's really dedicated. And I will miss all of those qualities," said Geigis. "She really knows how to balance conservation and recreation. She is so committed to connecting people to our incredible resources, not just here at her beloved Greylock, but also throughout the state to really make that connection and to pass on that idea that everyone has a role to play in stewardship. 
 
"And you can see that time and again with all of her work in mentoring our staff, in mentoring young people who are just starting out, mentoring volunteers, just really making that connection. And so she's a really hard worker. She she will do anything."
 
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