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The iconic New Kimbell Building was taken into foreclosure on Tuesday. More than $100,000 was owed in back taxes to the city.

North Adams' New Kimbell Building Taken at Foreclosure Auction

By Tammy Daniels iBerkshires Staff
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NORTH ADAMS, Mass. — The iconic New Kimbell Building on Main Street went to foreclosure auction on Tuesday after the owner fell behind on both mortgage payments and property taxes. 
 
Mortgage-holder MountainOne Bank was the only bidder at the auction, taking the historic building for $1,248,000. It was held in the entrance lobby at 85 Main by Daniel P. McLaughlin & Co. Auctioneers LLC. 
 
The New Kimbell Building, better known as 85 Main St., was purchased by PKC Capital LLC for $1.65 million from 85 Main Street Nominee Trust in 2021. 
 
PKC Capital LLC, which transferred to 81-91 Main Street LLC in December, still owed $1,124,316 to MountainOne at that time, according to documents on file with the Registry of Deeds. 
 
As of Friday, the owners owed $133,517.33 in back taxes and interest to the city of North Adams dating back to fiscal 2023. A tax-taking was filed on Oct. 28, 2024. 
 
The city lists the principal as Charalabos Bakalis of the state of Florida. Bakalis, as KCS MATERIALS LLC, also owns 306 Union St., which went into foreclosure last year. Work was done on the exterior of the apartment building some years ago but then halted, and the city filed a tax taking in 2024. A for-sale sign recently appeared on the property. 
 
The block that encompasses 81 to 91 Main St. was built in 1908 by two daughters of Jenks Kimbell, owner of the "old" Kimbell building that had been the city's first commercial livery.
 
It's been the home of notable businesses over the past century, including Apothecary Hall and McClelland's. It currently hosts a variety of accounting, investment and insurance firms, and offices on two floors. MountainOne Insurance and Investments has taken over much of the first floor. The bank occupies the adjacent building. 
 
The top four floors have been empty for years and are blocked from public access. The property is assessed at $1.12 million and contains an estimated 55 units. 

Tags: auction,   foreclosures,   Main Street,   

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MCLA Graduates Told to Make the World Worthy of Them

By Tammy Daniels iBerkshires Staff

Keynote speaker Michael Bobbitt was awarded an honorary doctor of fine arts. He told the graduates to make the world worthy of them. See more photos here.  
NORTH ADAMS, Mass. — Amsler Campus Center gym erupted in cheers on Saturday as 193 members of class of 2026 turned their tassels.
 
The graduates of Massachusetts College of Liberal Arts' 127th commencement were sent off with the charge of "don't stop now" to make the world a better place.  
 
You are Trailblazers, keynote speaker Michael Bobbitt reminded them, and a "trailblazer is not simply someone who walks a path. A trailblazer makes one, but blazing a trail does not happen alone. Every trailblazer is carrying tools made by somebody else. Every trailblazer is guided by stars they did not create. Every trailblazer stands on grounds shaped by ancestors, teachers, workers, neighbors, friends, and strangers."
 
Trailblazing takes communal courage, he said, and they needed to love people, build with people, argue with people, and find the people who make them braver and kinder at the same time.
 
"The future will not be saved by isolated geniuses, it will be saved by networks of people willing to practice courage together. The future belongs not to the loudest, not to the richest, not to the most certain, but to the most adaptive, the most creative, the most courageous, the most willing to learn."
 
Bobbitt was recently named CEO of Opera American after nearly five years leading the Massachusetts Cultural Council. He stressed the importance of art to the graduates, and noted that opera is not the only art form facing challenges in this world. 
 
"Every field is asking, who are we for now? What do we, what value do we create?" he said. "What do we stop pretending is fine. This is not just an arts question, that is a healthcare question, a climate question, a technology question, a community question, a higher education question, a democracy question, a life question. ...
 
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