1. Ground is broken on new Berkshire Place, retirement facility in Pittsfield

    Ground is broken on new Berkshire Place, retirement facility in Pittsfield

    MassDevelopment, the state's finance and development agency, has issued a tax-exempt bond on behalf of Berkshire Retirement Home Inc., which operates Berkshire Place, to assist the project. Berkshire Place expects to create 18 jobs as a result of the project, along with 75 construction jobs, according to MassDevelopment calculations, the state agency said in a press release. NBT Bank, Adams Community Bank and Glens Falls National Bank purchased the bond. The bond was enhanced by a MassDevelopment guarantee.

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