Jones Block Auction in Adams Postponed

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.

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.

Adams Welcomes New Officer; Appoints Housing Authority Board Member

By Tammy DanielsiBerkshires Staff
05:44AM / Friday, April 19, 2024

Officer Cole Desroches recently graduated from the Police Academy. 

ADAMS, Mass. — The Selectmen welcomed the newest member of the Adams Police Department, Officer Cole Desroches, on Wednesday evening. 

 

Desroches graduated from the Police Academy on March 22 in the top tier in his class. He's currently in the field training program and assigned to Sgt. Curtis Crane. He attended Hoosac Valley High School and Massachusetts College of Liberal Arts. 

 

"He's going to serve and protect the town of Adams very well," said Crane, who with Sgts. Matthew Wright and Gregory Onorato stepped in to introduce the new officer while Chief R. Scott Kelley was on vacation. 

 

"We don't often get an opportunity to kind of talk about, frankly, some of the positive things that are happening in town and one of the many things that I feel are positive with are the Adams Police Department," said Town Administrator Jay Green. "We are right now at full staff. We have a full complement of officers. We have a chief who just resigned a three-year contract. ... We have four very capable sergeants (including Donna Malloy)."

 

The force consists of the chief, the four sergeants, a full-time detective and 11 patrol officers. It also has a new position in Cpl. Joshua Baker who is responsible for training and keeping staff equipped. 

 

"We're on the cutting edge of ensuring that we have proper training in a very changing environment with law enforcement," continued Green. "And we have a nice complement of officers and we have a well-respected detective who handles some very complicated cases."

 

He called out the half-dozen officers who attended the meeting for the work they're doing as well as the K9 unit.