Local store not hurt by Agway filing for Chapter 11 bankruptcy

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The local Agway store at 600 Main St. will continue its operations virtually unchanged by the national company's filing for Chapter 11 bankruptcy. Michael Uryniak, owner of the local store for the past 10 years, said the effect of the national company's problems will amount to "basically nothing" for his operation. "Agway, Inc., has no financial control or responsibilities at this location," said Uryniak, who owns the business outright. "If the public has a perception there's a problem, I'll change the name." Uryniak said his store buys only a tiny percentage of its inventory from the national company, and that that portion is easily replaced from other sources. "Up until a few years ago, we were buying our product from them," Uryniak said in a telephone interview yesterday. "Now we buy from other places, and now we buy only grain. And I have grain sales reps in here all the time trying to sell me their product," he said. "The national company's bankruptcy will have very, very little impact," he said. "The effect will range from non-existent to negligible." "The latest information I have on their grain is that the Agway feed mills are being bought by someone else who will continue to operate them," he said. "None of the inventory here comes from Agway except a couple thousand dollars worth of feed, and that's a negligible amount," he said. Some products are now made by different companies that still use the Agway name, he said. "The store's doing very well," he said. That translates, he said, to "just under $1 million annually," and, he added, "this year in spite of the economy we've had a gain in volume in 11 of the 12 months." "People think Agway is Agway, and that it's all connected and managed under one roof, but that's incorrect," he said. Uryniak leases the building, formerly a car dealership, from the McMahon family. Uryniak worked for Agway for 19 years before buying the business, at a time when the national company was selling many of its stores to private individuals. He moved the store from its previous location off Cole Avenue by the former Boston & Maine railroad tracks. Petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code from Agway, Inc. and certain of its subsidiaries were expected to be filed yesterday, Oct. 1, with the U.S. Bankruptcy Court for the Northern District of New York in Utica, N.Y. Agway, Inc., announced its plans in a press release Monday from Stephen H. Hoevfer, senior five president for public affairs for the Syracuse, N.Y., offices. Subsidiaries included in the petition are Agway Feed and Nutrition, Agway Agronomy, Seedway, Feed Commodities International, Country Best Produce, CPG Nutrients, Agway CPG Technologies and Agway General Agency. The company's energy businesses are not included in the Chapter 11 filing. Agway, Inc. is an agricultural cooperative owned by 69,000 Northeast farmer-members, headquartered in DeWitt, N.Y. Monday, the company reported a net loss of $98.2 million for the year ended June 30, which includes a net loss of $85.4 million directly related to the sale of discontinued operations, and not, said a spokesman, directly related to the company's ongoing business operations..
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Friday Front Porch Feature: A Charming House Like New

By Breanna SteeleiBerkshires Staff

The home prior to renovations.

NORTH ADAMS, Mass. Are you looking for a newly renovated home with great space? Then this might be the perfect fit for you!

Our Friday Front Porch is a weekly feature spotlighting attractive homes for sale in Berkshire County. This week, we are showcasing 100 Autumn Drive.

This three-bedroom, two-bathroom split level was built in 1965 and is 1,396 square feet on 0.32 acres.

The house was completely renovated recently. It includes a one-car garage, and comes with appliances including a dishwasher and stove/oven, and other major appliances.

The house is listed for $359,500.

We spoke with owners Michael Zeppieri and Chris Andrews, who did the renovations. Zeppieri is an agent with Alton and Westall Real Estate Agency.

What was your first impression when you walked into the home?

Zeppieri: I purchased this home to do a full renovation flip and saw tremendous potential in this mid-century split level home that had not been updated since it was built in the 1960s, in a great North Adams neighborhood.

 

Andrews: The house was a much different house when we first purchased it in 2022 (photo attached is from about 2010.)  The interior was painted all in dark colors and we brightened it up with neutral colors. The transformation makes you feel like you are in a totally different house.  

 

 

What were the recent renovations, any standout design features?

 

Zeppieri: The house has had a complete reconfiguration including new kitchen with high-end appliances, ceramic tiled baths, hardwood floors, new windows and roof ... just to name a few.  All a buyer has to do is move in and enjoy.

 

Andrews: Yes, we renovated the entire house.  New windows, new roof, all new custom black gutter system, new blacktop driveway, hardwood floors were installed through out the house. New kitchen and bathrooms as well as painting the exterior and interior of the house.  New paver patio in the back yard.

 

What kind of buyer would this home be ideal for?

 

Zeppieri: The buyer for this home could be a first-time homebuyer or a retiree ... the location is close to attractions in North Adams ... and the property is located in Autumn Heights, which is a very small residential development with several long-term owners.

 

Andrews: This home is truly ideal for a variety of buyers. Whether a first-time homebuyer, a small family or even someone looking to downsize from a larger home.

 

 

What do you think makes this property stand out in the current market?

 

Zeppieri: The location, price and move-in condition of this home make it a true market leader in the North Adams Market.

 

Andrews: This house is completely renovated and in a desirable location of North Adams. The natural light in the home really makes the interior pop. And with all the upgrades the home stays quite cool in the summer months.

Do you know any unique stories about the home or its history?

Zeppieri: This home was built for the Gould family in 1969 and they lived there till 2010. It was always a family home during that time in which the Goulds had two children ... and Virgina Gould managed Mohawk Forest Apartments and was a very active resident of North Adams.

 

Andrews: Built in about 1965.

 

What do the current owners love about this home?

 

Zeppieri: As the current owner it was a fun project to transform this home and get it ready for its next adventure with a new family to enjoy for many years.

 

Andrews: No one has lived in the house since we purchased the home. The new owners would be the first to live in the house since the renovations have been completed.

 

 

What would you say to a buyer trying to imagine their life in this space?

 

Andrews: I would suggest seeing the house either on a sunny day or at twilight to really get a vision of how special the home feels.  

 

You can find out more about this house on its listing here.

*Front Porch Feature brings you an exclusive to some of the houses listed on our real estate page every week. Here we take a bit of a deeper dive into a certain house for sale and ask questions so you don't have to.

 

 

 

 

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