Baystate Investment Fund, LLC
  • Home
  • AVAILABILITY
  • Acquisitions
  • News
  • About
  • Contact

IN THE NEWS

Weintraub’s sale provides new lease on life for Worcester’s last Jewish deli

8/29/2018

 
Picture
Picture
WORCESTER - Weintraub’s Delicatessen, Worcester’s last remaining Jewish deli, was sold last week to local real estate developer Edward Murphy.

But Dariush “David” Mizrahi, who has run the business at 126 Water St. for the last 30 years, is still behind the counter, slicing kosher corned beef and pastrami and serving up matzo ball soup.

“I didn’t want the business closed,” Mr. Mizrahi, 61, said.

As for retirement? “I’ll think about that later.”

Mr. Mizrahi said the 98-year-old deli’s prospects would benefit from the proposed relocation to Worcester of the Pawtucket Red Sox and redevelopment of the Kelley Square area, including construction of the 10,000-seat Polar Park stadium for the top Red Sox minor league affiliate.

Dr. Charles Steinberg, PawSox president, came to Weintraub’s on Friday and ordered a tuna fish sandwich and side of coleslaw, according to Mr. Mizrahi. He told the waiters he’d be back.

Click here for the full article: https://www.telegram.com/news/20180829/weintraubs-sale-provides-new-lease-on-life-for-worcesters-last-jewish-deli

How The WooSox Could Birth A Central Massachusetts Building Boom

8/28/2018

 
Picture
Picture
“It’s the perfect situation, and I think everything is going to come together,” said developer Ed Murphy, the owner of the Worcester-based Baystate Investment Fund, who owns several properties around the future ballpark site.

Worcester had its own development boom in recent years before the PawSox announced their intention to morph into the WooSox. CitySquare, a $565M mixed-use multiphased development, is underway on the site of the old Worcester Common Outlets mall downtown.  Roseland Residential Trust completed 145 Front St. at City Square earlier this year. Boston-based Trinity Financial is reportedly investing $55M to turn the former Worcester County Courthouse into 114 units of housing. 

​“I think the increased cost of living in Boston and the improvement of Worcester’s reputation since 2008 has helped,” Murphy said. “A lot of people have come back home when, in the past, they may not have wanted to.”


Click here for the full article:​ https://www.bisnow.com/boston/news/commercial-real-estate/how-the-woosox-could-birth-a-central-massachusetts-building-boom-92269?utm_source=CopyShare&utm_medium=Browser

'An incredible story:' Worcester stakeholders react to city winning PawSox sweepstakes

8/21/2018

 
Picture
Picture
Real estate interest grows
​
Real estate developer Ed Murphy's Kelley Square office lies less than half a mile from the long-abandoned Wyman Gordon property where the stadium will be built.

And while he is not yet fielding calls from national chains looking to set up shop nearby, there was a surge of interest as the PawSox deal became reality in recent weeks, he said.

"There's been an influx in the last two weeks of local tenants," Murphy said. "There's also investors calling about properties we have in the neighborhood to purchase."

Kelley Square, the city's chaotic, stoplight-free gateway between I-290 and the Canal District, will receive a state-funded overhaul to prepare for additional traffic, officials said Friday. According to Murphy, that will be a necessity.

"Pumping this much traffic through there 100 plus nights to year, it's going to need some tweaking," he said.

With the stadium not opening until in 2021, Murphy said property prices will likely increase on speculation of the foot traffic and economic activity to come.

Murphy said he plans on attending games and concerts once the stadium is open.

"I'd love to support the team," Murphy said. "I think it's a great thing for me to be able to walk from my office and go to a game."

​Click here for the full article: 
​https://expo.masslive.com/news/erry-2018/08/c23bc2a3d75327/an-incredible-story-worcester.html

    Author

    Write something about yourself. No need to be fancy, just an overview.

    Archives

    November 2020
    June 2020
    April 2020
    February 2020
    January 2020
    December 2019
    August 2019
    July 2019
    April 2019
    March 2019
    December 2018
    August 2018
    July 2018
    June 2018
    February 2018
    January 2018
    December 2017
    August 2017
    July 2017
    April 2017
    August 2016
    July 2016
    July 2015
    August 2014

    Categories

    All
    121 Water Street
    126 Water Street
    1 Kelley Square
    1 Quincy Street
    56 Water Street
    64 Water Street
    Edward Murphy
    Maddi's Cookery + Taphouse
    Pageboy Hair Salon
    Stillman Quality Meats
    Team Link Muay Thai
    The Queen's Cups
    Weintraub's
    Widoff's Bakery

    RSS Feed

  • Home
  • AVAILABILITY
  • Acquisitions
  • News
  • About
  • Contact