1. Ludlow Mills complex proposed for HealthSouth Rehabilitation Hospital, new senior apartments

    Ludlow Mills complex proposed for HealthSouth Rehabilitation Hospital, new senior apartments
    Kenneth W. Delude, president of Westmass Area Development Corp. said Tuesday that Westmass has finalized the purchase of Ludlow Mills from the Fastenberg family of New York City for about $7 million financed through a consortium of banks: PeoplesBank, Chicopee Savings, Hampden Bank, United Bank, Nuvo Bank and Trust Co., and First Niagara. Westmass has already received a $1.5 million grant from the state.
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    1. They'll have the ability to buy their space if they want to.
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