Framingham Online News

Attorney General OK's Downtown Framingham Rezoning Plan

Filed under: Business by News Staff at 4:36 pm on February 10, 2016

FRAMINGHAM, MA - Massachusetts Attorney General Maura Healey today approved plans by the Town of Framingham to rezone its Central Business District, Downtown Framingham. The rezoning plans were approved on October 21, 2015 by Special Town Meeting members. Town officials see the rezoning as critical to encouraging transit-oriented development (TOD) in Downtown Framingham, and will move their efforts forward to encourage this kind of residential development.

“Downtown Framingham is poised to reclaim its title as an important walkable, urban center for economic development in MetroWest and Greater Boston,” said Charlie Sisitsky, Chair of Framingham’s Board of Selectmen. “The Town of Framingham is excited to offer in Metrowest an urban living experience to people who may be attracted to the Town’s small-town atmosphere and convenient proximity to Boston. We anticipate ...[read more]


Framingham Foreclosure Real Estate Auctions

Filed under: Business by News Staff at 1:16 am on September 16, 2011
(PHOTO) Home at 11 Campello Rd., Framingham, MA

This home at 11 Campello Rd. is slated to be sold at Public Auction September 29, 2011.

FRAMINGHAM, MA - Due to economic conditions, more owners of residential real estate than usual are facing foreclosure.

While some properties sold at Public Auction can be purchased below market value, buyers should be aware that many times such properties have been neglected, and in some cases have been damaged or had items such as plumbing fixtures, copper heating pipes and other items removed.

In general, property purchased at foreclosure auctions should be examined even more closely than property sold on the normal residential real estate market.

In addition to structural or cosmetic problems, ...[read more]


Annie's Book Stop in Nobscot Calls it Quits

Filed under: Business by Randy Harris at 12:24 am on July 29, 2011
Annies Book Stop / Espresso Paulo, Nobscot Shopping Center, Framingham MA, (July 28,2011 photo)

Soon the lights will be out for good at Annie's Book Stop / Espresso Paulo & the Nobscot Gallery in the Nobscot Shopping Center, Framingham MA, (July 28,2011 photo)

FRAMINGHAM, MA- Nobody can blame Paul Ashton, he's made more of an effort than most to keep the small business he operates in the Nobscot Shopping Center alive -- waiting, hoping for an economic rebound, or at least some signs of life.

On Thursday July 28th, Ashton, owner of Annie's Book Stop & Espresso Paulo sent out a press release, regretfully announcing he is closing up shop.

Although he hasn't set an exact closing date, starting Friday, July 29th, he will be holding an "Everything Must Go" sale.

In his press release, Ashton commented, "Obviously I feel quite sad about this. The book store has been in this plaza for over 20 years, and I have owned it since 2000. As other booksellers, both new and used, have found, book-buyer habits have changed significantly in recent years."

Citing recent trends in online shopping, Ashton went on to explain ...[read more]


March 2011 Residential Real Estate Sales

Filed under: Business by News Staff at 1:59 am on April 28, 2011

FRAMINGHAM, MA - A total of 43 residential properties were sold in the town of Framingham, MA during the month of March, (2011).

Twenty eight single family homes, ten condos, four multi-family homes and half acre lot on Kendall Street rounded out the residential real estate sales in town for the month.

The single family homes were on the market for an average of 86 days, and sold for an average of just over $300k, slightly below the average list price for the same properties which was $311k.

Condo sales were brisk. Units which did sell had only been on the market for an average of 25 to 26 days. Still, buyers were able to purchase the condos for slightly less than asking price, (in most cases). Average condo prices were in the mid-$90k range, with units selling from $40k to just under $250k. The Town's long standing moratoriums on large-scale apartment complex construction appears to keep demand high for the limited number of existing condominiums in Framingham.

Four 2-family homes located in Downtown Framingham, (40-44 Alexander St., 61 Lawrence St., 231 Irving St. and 8 Wellington Ave) sold during the month of March.  The multi-family homes which were on the market for an average of five months, (157 days), sold at an average of $176k, slightly less than the average asking price of $187k.

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LEGAL NOTICE: 186-190 UNION AVE, Foreclosure, Public Auction

Filed under: Legal Notices by News Staff at 7:15 am on March 16, 2011

MORTGAGEE'S NOTICE OF SALE OF REAL ESTATE

By virtue and in execution of the Power of Sale contained in a certain mortgage given by Charles A. Horne, Jr. and Barbara G. Horne, Trustee's of Middlesex Realty Trust II to Avidia Bank dated June 28, 2008 and recorded with the Middlesex County (Southern District) Registry of Deeds in Book 51378, Page 405 of which mortgage the undersigned is the present holder, for breach of the conditions of said mortgage and for the purpose of foreclosing, the same will be sold at public auction at 11 o'clock in the a.m. on the 12th day of April, 2011, on the mortgaged premises located at 186-190 Union Avenue, Framingham, Massachusetts, all and singular the premises described in said mortgage.

TO WIT: The land in Framingham, Massachusetts bounded and ...[read more]


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