Jonathan Denmark Elected Exec VP of MountainOne Bank

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Jonathan Denmark
NORTH ADAMS, Mass. — MountainOne has promoted Jonathan Denmark, a Pittsfield resident, to executive vice president of MountainOne Bank.
 
In addition to his new leadership responsibilities, Denmark will continue to serve as president and chief operating officer of MountainOne Insurance Agency.
 
Denmark will celebrate 10 years with MountainOne in March. Early in his tenure as president and COO of MountainOne Insurance, he led the consolidation of MountainOne's Insurance agencies — True North Insurance and Coakley, Pierpan, Dolan, and Collins — and oversaw the rebranding of the combined agencies to MountainOne Insurance. His efforts also established a strong partnership with OneDigital for the agency's group benefits business line. Under his leadership, MountainOne Insurance has continued to expand, acquiring three agencies, opening a new office in Stockbridge, and expanding the agency's presence to the Pioneer Valley. 
 
"It is a true privilege to announce Jonathan's promotion to Executive Vice President," said Robert Fraser, president & CEO of MountainOne Bank. "Over the past decade, Jonathan has consistently demonstrated visionary leadership and a deep commitment to MountainOne's mission. His ability to drive growth, foster innovation, and inspire collaboration has been instrumental to our success. This appointment reflects our confidence in his ability to guide MountainOne toward even greater achievements."
 
Officials say Denmark's growth strategy, coupled with his deep expertise and unwavering dedication, have positioned the agency as a core contributor to MountainOne's overall success.
 
He is highly regarded within both the insurance industry as well as the local community and recently assumed the role of Board Chair of the Pittsfield Economic Development Authority, which oversees the William Stanley Business Park. The park, home to the MountainOne building at Silver Lake and the Berkshire Innovation Center, is poised for significant development in the coming years. Denmark's leadership at PEDA will further align economic growth opportunities with community development in Pittsfield and beyond.
 
"I am deeply honored to step into the role of executive vice president at MountainOne Bank," said Denmark. "As we look ahead, I remain dedicated to advancing MountainOne's mission of delivering meaningful solutions that create lasting value for our customers, employees, and communities."

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North Adams Airport Sets Deadline For Cell Tower Project

By Jack GuerinoiBerkshires Staff

NORTH ADAMS, Mass. — The Airport Commission set a November deadline for Diamond Communications last week, accepting a contract extension on installing a cell tower through Nov. 25.

After that date, the commission wants some form of compensation.

This initial extension was built into the original contract, and commissioners had no objection to honoring it. However, Diamond's second request for a nine-month extension gave the board pause.

The airport accepted a bid from Diamond in 2024 to install a cellular tower on the airport campus. Diamond offered a $30,000-a-year lease with a scheduled 2.5 percent annual increase. Terms also included a $100,000 bonus and a percentage of the tower's gross revenue if it becomes fully leased out.

Shirin Everett of KP Law, who helped negotiate the original agreement for the airport, called into the meeting. She confirmed the project is on hold because Verizon, which plans to utilize the tower, has yet to commit money toward it. Everett said understands Verizon has potentially budgeted for the project in 2027.

This means that at the very earliest, Verizon might make a decision in mid-2027. Following a standard due diligence period, the airport likely would not begin receiving rent payments until 2028. Everett added that telecommunications projects are experiencing delays nationwide.

The situation did not sit well with Airport Commissioner William Hooper.

"Verizon is not ready to pull the trigger for Diamond, so they are at risk of not having their primary subtenant ready to go," Hooper said. "So my concern is, does Diamond have a real commitment to be able to do this?"

He added that Diamond currently has no financial commitment to the city, making him hesitant to hold potentially valuable land for them without receiving anything in return.

"I would hate to be reserving the rights of Diamond for a square inch of the airport if we don't have real commitment from them," Hooper said. "As I read the agreement, I don't like where I feel we are at the moment."

Everett stated that come Nov. 25, the city could grant another extension — this time accompanied by a request for compensation. She emphasized that Diamond is not entitled to anything beyond Nov. 25, though she noted that in prior conversations, Diamond was not open to providing substantial compensation.

If Diamond and the city simply allow the contract to expire, Diamond remains responsible for paying the city's legal fees, according to Everett. Furthermore, if Diamond eventually completes the process with the city, they must pay an automatic $100,000 to the airport.

Everett added that if the city decides to reopen the Request for Proposals (RFP) process, they would likely still be waiting until at least 2028.

"These leases, for whatever reason, are taking months and months ... it is really between a rock and a hard place," she said. "You can stay with the devil you know and hope it comes through, or we can choose someone else."

In related news regarding land use at the airport, the commission expressed interest in exploring the possibility of installing solar panels.

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