LANESBOROUGH, Mass. - The sale of the Berkshire Mall was recorded with the Registry of Deeds Thursday.
The sale price was recorded at $1 million, some $2.5 million less than Kohan had purchased it.
Original Post: Wednesday, July 10 at 5:02 p.m.
LANESBOROUGH, Mass. — A potential sale may be pending at the closed Berkshire Mall.
Recently, a new entity paid all of the town's taxes. Durga Property Holdings, Inc. out of Cincinnati apparently paid the taxes owed to the town. However, there is no record of a deed exchange in the Northern Berkshire Registry of Deeds just yet so it is unclear exactly what Durga's involvement actually is but local officials say the company identified themselves as the"new owner."
Durga also owns the Orchards Mall in Michigan, which the company bought from the Berkshire Mall's current owner Kohan Retail Investment Group, along with a handful of other developments throughout the country.
Vijaya Kumar Vemulapalli is listed as the head of the company in the paperwork filed with the Ohio Secretary of State's Office.
The Berkshire Mall was closed earlier in the year after facing significant issues with back taxes and utilities. The mall is currently owned by Kohan Retail Investment Group, which bought the property in 2016 for $3.5 million. Before that, it was owned by Strategic Asset Services and before that Pyramid Companies.
Kohan had purchased it right after both Macy's and Best Buy left the 700,000 square-foot facilities and the loss of stores continued. Eventually, the mall closed its doors for good, with only Regal Cinemas and Target, both of which own their buildings, still operating.
The mall's website was shut down and Kohan removed the mall from the list of properties its website.
Searches for Durga has turned up little but according to the Herald Palladium in Michigan, Velmulapalli has had "mixed results" with development. He had particularly been successful with the development of a couple of hotel resorts.
Rumors of the sale, or pending sale, have circulated around town and little is actually known. However, the payment of the taxes has come at a great relief to town officials.
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Pittsfield Airport to Serve as Hub For Disaster Preparedness
By Jeff SnoonianiBerkshires Correspondent
Thomas Grady, left, Robert Czerwinski, and Lucy Britton at Wednesday's Central Berkshire Regional Emergency Planning Committee meeting.
LANESBOROUGH, Mass. — Berkshire County has received a total of $71,000 from the Federal Emergency Management Agency for a "point of distribution," or POD, training grant to aid residents in the event of a public disaster or emergency.
The Central Berkshire Regional Emergency Planning Committee announced the grants at its meeting Wednesday morning in Lanesborough.
Central Berkshire received $25,000 while the Northern and Southern Berkshire committees each were awarded $23,000 from the highly competitive grant program.
Bruce Augusti from the Massachusetts Emergency Management Agency's regional office in Agawam was in attendance to break the news and give credit to the parties involved.
During a routine inspection, the glycol in the system was found to be in need of flushing and replacement. The material is also corroding other parts of the system but that will be addressed in a separate bid.
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Engie North America Inc. was seeking an extension to special permits previously issued for projects at 405 South Main St. (Skyline Country Club), 550 North Main St. (Pillar LLC), and land on Partridge Road owned by Petricca Development. click for more
After pointing out that the board was meeting on National Dog Day, Animal Control Officer Jason Costa argued that excluding dogs from three town parks is unfair to the 470 registered dog owners in the town of about 3,000.
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