FSU breaks ground to rehab plant for apts.

Apr 6, 2012 | Posted by: roboblogger | Full story: Worcester Telegram & Gazette

Steelworkers erect an addition to an old mill being converted into housing at Fitchburg State University before an official groundbreaking today.

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Guido Fini-Petrolomini

Framingham, MA

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#1
Apr 7, 2012
 
Ever notice how that lardass DiGeronimo seems to show up anywhere free catered food is provided?

"Researched the building," my ass. Someone in the Building Dept. gave her a couple of copies from their file. That's not research.
Fitchburg Banks

Gardner, MA

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#2
Apr 7, 2012
 
I was surprised to read that no Fitchburg banks would be interested in getting involved in this project. Rollstone bank since changing its name is trying to distance itself from Fitchburg, shame on you Marty Connors.
Really

Leominster, MA

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#3
Apr 7, 2012
 
Guido Fini-Petrolomini wrote:
Ever notice how that lardass DiGeronimo seems to show up anywhere free catered food is provided?
"Researched the building," my ass. Someone in the Building Dept. gave her a couple of copies from their file. That's not research.
Not true. This has been her focus for over a year. I'm working with her on another project. Without her help they really would not have gotten that $400K. She's pretty remarkable for 76. What are you doing to help the city?
How do you know

Fitchburg, MA

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#4
Apr 7, 2012
 
Fitchburg Banks wrote:
I was surprised to read that no Fitchburg banks would be interested in getting involved in this project. Rollstone bank since changing its name is trying to distance itself from Fitchburg, shame on you Marty Connors.
You know for a fact that Rollstone didn't try to get involved, or didn't have discussions with the developer etc?

No, you don't. You're another loser who likes to complain and read their words on this little irrelevant forum.

If you're going to call our Marty, have the backbone to sign your name to your post.
Really

Leominster, MA

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#5
Apr 7, 2012
 
How do you know wrote:
<quoted text>
You know for a fact that Rollstone didn't try to get involved, or didn't have discussions with the developer etc?
No, you don't. You're another loser who likes to complain and read their words on this little irrelevant forum.
If you're going to call our Marty, have the backbone to sign your name to your post.
I don't know the background of the funding. I was present during one of the conversations one of the developers was having with an out-of-town banker on his phone. In that particular case, the banker claimed their charter excluded them from funding this specific type of project. Could have been blowing smoke, but we don't know the internal restrictions on lending capability. There are pretty complicated risk algorithms at some of them, especially with speculative projects.$700 a month is high for a student to pay.
Actually

Leominster, MA

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#6
Apr 7, 2012
 

Judged:

1

$700 is not unreasonable for room and board. What do you think? Housing just magically is there and because someone is taking basket weaving 101 at a college they souldn't have to pay rent? It takes money to maintain housing. Go to a hardware store to buy some lightbulbs and door hinges.

I guess when they tell you to pay $326.00 You can say wait a minute you don't understand I'm a college student. Well ya that's great but pay like everyone else.
Really

Leominster, MA

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#7
Apr 7, 2012
 
Actually wrote:
$700 is not unreasonable for room and board. What do you think? Housing just magically is there and because someone is taking basket weaving 101 at a college they souldn't have to pay rent? It takes money to maintain housing. Go to a hardware store to buy some lightbulbs and door hinges.
I guess when they tell you to pay $326.00 You can say wait a minute you don't understand I'm a college student. Well ya that's great but pay like everyone else.
That's why there are so many questionable properties near the school that are housing 5-8 students, in a house that should legally hold 3-5. Many students can't get into or can't afford the dorms and need to go off-campus. Coming up with rent while going to school isn't as easy as it used to be. Mom and Dad might not be fully employed and there aren't a lot of jobs for students in Fitchburg. Yopu have to be very determined or be willing to take on debt to get through college these days.
Yeah really

Fitchburg, MA

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#8
Apr 7, 2012
 
The new student housing will be filled to capacity, no question. $700 is small change for what the students will be getting in return. FSU's tuition is low and this housing will attract students the the school and will put students downtown.
The Insider

Ayer, MA

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#9
Apr 7, 2012
 
These are high end luxury apartments for the students that want them and can afford them.
My hero

Leominster, MA

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#10
Apr 7, 2012
 

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WTF is Wong thinking??? This city used to be a safe haven for drug dealers and prostitues. With more college students moving in it could spoil the reputation and even worse it could bring new business to the city. What's next, shops on main street for the students!!!!! I just want to pull my hair out. If Lynch was Mayor he wouldn't stand for this.
Really

Leominster, MA

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#11
Apr 7, 2012
 

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The Insider wrote:
These are high end luxury apartments for the students that want them and can afford them.
Exactly my point.
Sonny

Fitchburg, MA

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#12
Apr 7, 2012
 
High end luxury for $700 a month? These are not luxury, they are a step above dorms. Anyone who deems these to be luxury has never been in a luxury apartment or doesn't know the meaning of the word.

What is the average monthly rent for an apartment in an around the college? Here's a hint, not far from these. These apartments are in line with the market.

There will not be a single unit that will be vacant.
Hey

Leominster, MA

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#13
Apr 7, 2012
 
Give it a chance. 12 foot high ceilings with refinished beams is not exactly a cubby hole with block walls a microwave and two beds.
Sonny

Fitchburg, MA

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#14
Apr 7, 2012
 
Well, I never climbed they were cubby holes now did I? But you did label these as luxury, so there's that. They are $700 a month. That's not a lot of money for an apartment, even in a tough economy. That's average for this area. Stop being ridiculous.
Really

Leominster, MA

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#15
Apr 7, 2012
 
These are not full apartments, either. They are student housing. That means they share living rooms and kitchens. They are set up like suites and $700 is higher than average for a setup like that.
Yep

Leominster, MA

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#16
Apr 8, 2012
 
Really wrote:
These are not full apartments, either. They are student housing. That means they share living rooms and kitchens. They are set up like suites and $700 is higher than average for a setup like that.
I know the feeling. I have to share my living room and kitchen with a wife and four kids. We call it home but it seems like I'm the only one paying the bills and it's alot more than $700 a month.

If you think about it at $700 a month including heat, electricity, water and sewer, property taxes, insurance, snow removal, maintenance and I'm sure free access to the internet this is a great deal.
Look closer

Fitchburg, MA

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#17
Apr 8, 2012
 
Really wrote:
These are not full apartments, either. They are student housing. That means they share living rooms and kitchens. They are set up like suites and $700 is higher than average for a setup like that.
Obviously you're poor. While you may think $700/month is a lot, it truly isn't. As the last poster pointed out, the $700 is inclusive of everything. That's a great deal. Stop arguing a point that you're clearly wrong on, you look foolish.

Since: Feb 10

Location hidden

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#18
Apr 8, 2012
 
Fitchburg Banks wrote:
I was surprised to read that no Fitchburg banks would be interested in getting involved in this project. Rollstone bank since changing its name is trying to distance itself from Fitchburg, shame on you Marty Connors.
The S&Es version of this story mentions some of the issues they had with financing the project.

"We went to over 20 banks and institutions looking for someone to believe in our project," Barnaby said at the groundbreaking, explaining they were all doubtful of its viability. "We went to many sources, who told us not to do it. They said it was too risky, it's in Fitchburg, or we don't know about student housing."
http://www.sentinelandenterprise.com/topstory...

As we can see they did not choose to name any of the financial institutions they sought out but you can be sure Rollstone Bank was one of them. Why RB refused financing this project is anyones guess but being a local bank one would think they certainly were one of the 20 banks sought after for financing.

Hey Darn Tootin,
Looks like the JRs property just doubled in value. Imagine that, having 153 FSU Students directly across the street as neighbors. Heck, their options are now endless; they could turn that property into a parking lot now and still make a killing if they decided to sell it. And if they did decide to sell it theyd even still get to keep that liquor license and open up another JRs somewhere else in the city. Looks like JRs just hit the jackpot chuggles!

Wow! Talk about getting kicked in the head again when down! You and your boy toy need to get together once again soon for another big cry fest too help you two get over all this bad news. Once again chuggles, Im really starting to feel a little bad for you. It seem like you two just cant seem to get a break out there, so heres another little something from me to help you with all the hurt from being kicked in the head again.

http://www.youtube.com/watch...
Stamos

Fitchburg, MA

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#19
Aug 31, 2012
 
Sonny wrote:
High end luxury for $700 a month? These are not luxury, they are a step above dorms. Anyone who deems these to be luxury has never been in a luxury apartment or doesn't know the meaning of the word.
What is the average monthly rent for an apartment in an around the college? Here's a hint, not far from these. These apartments are in line with the market.
There will not be a single unit that will be vacant.
I consider my grandmothers refurbished 1 BR basement Apartment that i have been livng in for the past 34 years " luxury living at it's finest"
Stamos

Fitchburg, MA

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#20
Aug 31, 2012
 
any body be interested in a 1996 Dell computer, with windows "95" installed, I' have been thinking of upgrading to a used 2002 HP Computer that i have seen on craig's list??
I'm asking $150 Dollars becouse I paid over $350 Dollars when i bought it used in the year 2000

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