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Balance Rock purchased the former bed and breakfast this spring and moved its staff there in last summer.

Investment Firm Moves Into Former White Horse Inn

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PITTSFIELD, Mass. — Balance Rock Investment Group has found a new home in the former White Horse Inn.
 
The firm is celebrating its 20th year. It was established by David Milligan in 1998 as Colt Investment Services, and purchased the South Street location earlier this year. The firm specializes in retirement income strategies.
 
In 2011, the investment group opened new offices on Elm Street and the client base has continued to grow. Now, it needed a larger location and found the White Horse Inn at 378 South Street in the spring of 2018. After a renovation to the structure, the staff moved there in late July.
 
"This is an exciting time for Balance Rock Investment Group," said Milligan. "This anniversary and move are both a testament to the trust that our clients have placed in us, and to the strong future that we will have together."
 
Through Balance Rock Investment Group's agreement with LPL Financial, clients have access to a variety of financial products and services, including professional money management, retirement income planning, stocks, bonds, mutual funds, annuities, IRAs, REIT's, 529 college savings plans and much more.  
 
LPL Finance is a national, publicly traded company. It offers an array of investment products.
 
The White Horse Inn was built in 1906 and has served as a bed and breakfast since the 1950s. It was most recently owned by the McGovern family.

Tags: business changes,   relocation,   

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EPA Lays Out Draft Plan for PCB Remediation in Pittsfield

By Brittany PolitoiBerkshires Staff

Ward 4 Councilor James Conant requested the meeting be held at Herberg Middle School as his ward will be most affected. 

PITTSFIELD, Mass. — U.S. The Environmental Protection Agency and General Electric have a preliminary plan to remediate polychlorinated biphenyls from the city's Rest of River stretch by 2032.

"We're going to implement the remedy, move on, and in five years we can be done with the majority of the issues in Pittsfield," Project Manager Dean Tagliaferro said during a hearing on Wednesday.

"The goal is to restore the (Housatonic) river, make the river an asset. Right now, it's a liability."

The PCB-polluted "Rest of River" stretches nearly 125 miles from the confluence of the East and West Branches of the river in Pittsfield to the end of Reach 16 just before Long Island Sound in Connecticut.  The city's five-mile reach, 5A, goes from the confluence to the wastewater treatment plant and includes river channels, banks, backwaters, and 325 acres of floodplains.

The event was held at Herberg Middle School, as Ward 4 Councilor James Conant wanted to ensure that the residents who will be most affected by the cleanup didn't have to travel far.

Conant emphasized that "nothing is set in actual stone" and it will not be solidified for many months.

In February 2020, the Rest of River settlement agreement that outlines the continued cleanup was signed by the U.S. EPA, GE, the state, the city of Pittsfield, the towns of Lenox, Lee, Stockbridge, Great Barrington, and Sheffield, and other interested parties.

Remediation has been in progress since the 1970s, including 27 cleanups. The remedy settled in 2020 includes the removal of one million cubic yards of contaminated sediment and floodplain soils, an 89 percent reduction of downstream transport of PCBs, an upland disposal facility located near Woods Pond (which has been contested by Southern Berkshire residents) as well as offsite disposal, and the removal of two dams.

The estimated cost is about $576 million and will take about 13 years to complete once construction begins.

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