Housing Market Takes Buyers on 'Wild'
Total Page:16
File Type:pdf, Size:1020Kb
DEALS OF THE $DAY$ PG. 3 FRIDAY JULY 9, 2021 DEALS OF THE Housing market takes buyers on ‘wild’ $rideDAY$ PG. 3 By Sam Minton DiVirgilio explained that ITEM STAFF this can drive the prices of surrounding homes as It might seem like a sim- well. He said that this is ple business practice, but part of the reason that the high demand and low in- housingDEALS market continues ventory can lead to prices to go up.OF THE for any particular product Schweihs works on the to increase. North Shore, in areas in- Right now this is hap- $DAY$ cluding Marblehead,PG. 3 Sa- pening to the housing lem, Saugus and Swamp- market in the area. Low scott. He said that for the inventory is leading buy- past 6-8 months it has ers to have to go in on been a “crazy” seller’s homes above the asking market and that he has price to ensure that they buyersDEALS being forced to of- even have a chance of se- fer anywhere from 10-20 curing a home. percentOF above THE the asking According to multiple price. realtors, they are seeing a Joan $Regan,DA Ywho$ works lot more cash offers take for CenturyPG. 21 3 in Lynn, place in the current mar- also described the market ket. Andrew Schweihs of only realtor who men- said. “Buyers are guaran- as “wild” in the city. Re- AJS Real Estate said that Realtors, from left, Albert DiVirgilio, Joan Re- tioned this. Albert DiVir- gan and Andrew Schweihs say it’s a seller’s teeing their offer so basi- gan mentioned that she he is even seeing buyers has seen offers between gilio from Re/Max said market right now on the North Shore. cally they are stating that void contingencies on such $50,000-$75,000 over the things as home inspec- that he has seen every- they will fill the gap on DEALS thing at this point. appraisal, if there is one asking price. tions, which was once un- Similar to other realtors heard of. “Anything and every- (a gap), which has driven OF THE ITEM PHOTOS | SPENSER HASAK OF THE Schweihs wasn’t the thing is on the table,” he the numbers up.” $HOUSINGDAY$ , A6 PG. 3 Nahant Whiting will review Street is in Rolling transition Thunder By Allysha Dunnigan ITEM STAFF By Sam Minton LYNN — The current ITEM STAFF two-family home at 52 Whit- The “Wall That Heals,” a ing St. has been purchased by replica of the Vietnam Veter- a nonprofit educational firm, ans Memorial in Washington, which plans to turn the prop- D.C. will be making its way to erty into transitional housing. Nahant beginning on July 13. The property will be renovat- When the wall is assembled, ed and a third floor will be add- it will stand 7.5 feet tall and ed to accompany 24 units. stretch out 375 feet in length. The property will include 24 Formal events surrounding bedroom units as well as com- the wall will begin on July 15- mon areas including the kitch- 18, but the wall will make its ens and living-room space. way to the town on July 13. Inspectional Services Depart- A 200-300 motorcycle “crew,” ment (ISD) Chief and Building who refer to themselves as Commissioner Michael Don- the “Rolling Thunder,” will be ovan said construction on the escorting the wall to Nahant ITEM PHOTO | SPENSER HASAK property should begin soon, as starting at Suffolk Downs. the new owners are now just Bent Water Brewing Co. Quality Manager Brian Ferrazzani prepares a sample of Also on the channel side of waiting for the building per- the Nahant causeway will be beer to test yeast activity in the brewery’s lab. mits to be approved. vessels belonging to both the Donovan said the property Coast Guard and Boston Fire was purchased about a year Department to accompany the ago and, because it has an ed- wall on its way to town. The Biochemist Bent ucational component to it, the boats will be spraying water Dover Amendment exempts it in the air as the wall makes its from local zoning regulations. way through the causeway. Under this amendment, Don- Jon Lazar, veterans services on a quality brew ovan said, the owners are free officer for the town of Nahant, to house 24 people and incorpo- described bringing the wall to rate employees into the home, Nahant as a great thing. He By Allysha Dunnigan ping them out. time in the company’s lab, and are protected by law in also mentioned that hopefully ITEM STAFF The brewery’s Quality Con- upon the owner’s request. He their endeavors. it will be a good step for some trol Manager Brian Ferrazza- spent a couple of weeks work- “They’re allowed to work LYNN — As Bent Water ni got his degree in biotech- ing with an intern from Ger- veterans to find some recon- Brewery expands its products around the zoning and con- ciliation, to some degree, with nology and spent eight years many in the lab, but soon took struct what they seek, as long to other states, the company their time at war. working in the field. it over on his own. as they comply reasonably continues to emphasize the “We’re bringing the wall to Ferrazzani said that one Ferrazzani said a lot of the with dimensional regulations,” importance of the quality of help bring some closure hope- day he was at Bent Water’s work in biotechnology from Donovan said. “I did a zoning its beer. fully to some of those memo- tap room to watch his friend’s his prior job transferred to analysis on it and they are al- Equipped with an onsite ries,” Lazar said. “This wall is band play, and wound up his work at Bent Water. lowed to do what they want to quality control manager, a time for us to memorialize meeting one of the owners “I like to say that brewing do.” those 58,000-plus people.” Bent Water has its own lab and telling him about his may have been the earliest The rest of Whiting Street Lazar also mentioned that that tests the yeast, bacteria, work in biotechnology. A cou- form of biotechnology, even is zoned to include two- and oxygen and alcohol content of ple of weeks later, Ferrazzani WALL, A6 all of its products before ship- found himself working part BENT WATER, A6 WHITING, A6 THOR JOURGENSEN INSIDE COMMENTARY Saugus gives a super welcome By Sam Minton of Thursday’s meet- gan. ITEM STAFF ing, member Dennis In an exercise, the Lonely but Gould gave McMahon various School Com- SAUGUS — Thurs- a formal welcome to the mittee members talked day night was a first for School Committee. about certain goals they not alone Erin McMahon. “I really look forward are looking to achieve This was the first to working with her and in the following school Americans are lonely and loneliness is School Committee making them sick. ITEM PHOTO | JIM WILSON I know that we’re going year. John Hatch talk- meeting that she at- to move this district for- ed about getting accli- A Harvard Graduate School of Edu- tended as superinten- ward,” he said. mated to new buildings cation survey of 950 people, including Opinion dent of Saugus schools. Steve Krause was never a cynic. A4 Part of the first meet- while Dennis Gould young adults, in October 2020 found McMahon started off ing involved setting talked about getting by saying that she has that 36 percent felt “serious loneliness” LOOK! Sports goals for the upcoming kids back in front of defined as frequently feeling lonely over received a warm wel- school year. McMahon teachers in classrooms. a several-week period. The study found Leavitt show Catholic Central come from the commit- features Suzanne League releases wants to have students Arthur Grabowski also that 61 percent of young adults surveyed tee and others through- advancing in their first talked about MCAS DeLaurentiis, baseball, softball out the school district experienced serious loneliness. Little River Band. All-Stars. B1 “regular” school year scores possibly being a and town. since the pandemic be- JOURGENSEN, A6 A8 Prior to the conclusion MCMAHON, A6 OBITUARIES ..............................A2 LOOK! .......................................A8 DIVERSIONS .............................B5 HIGH 79° VOL. 142, ISSUE 181 OPINION ...................................A4 SPORTS ................................ B1-2 CLASSIFIED ........................... B6-7 LOW 67° POLICE/FIRE .............................A5 COMICS ....................................B4 ENTERTAINMENT .......................B8 PAGE A8 $1.50 A2 THE DAILY ITEM FRIDAY JULY 9, 2021 OBITUARIES Harris Tibbetts Jr. Paul Ulmont Bertrand, 88 Sandra R. Abbott, 84 1936 - 2021 1933 - 2021 1936 - 2021 SWAMPSCOTT - Harris H. NAHANT - Paul Ulmont Ber- LYNN - Sandra Ruth (Curley) Tibbetts Jr., age 84 of Swamp- trand, age 88, of Nahant, died Abbott, age 84, passed away scott, died on Tuesday May 11, Monday, July 5, 2021 with his at the Jesmond Nursing Home 2021 at the Brentwood Nurs- family by his side after a long, in Nahant on Saturday, July 3, ing and Rehabilitation Center, good life. He was the husband 2021. Danvers. He was the husband of the late Norine (Donahue) Born in Lynn on September of Esther M. (Jones) Tibbetts. Bertrand. Born and raised in 20, 1936 to the late Thomas W. Born in Webster, MA he was Lynn, he was the son of the late and Mary (MacIlwraith) Curley. the son of the late Helen T. Earl and Katherine (Killoran) Sandra was a graduate of Lynn (Cutting) and Harris Tibbetts Sr. Bertrand. He was a graduate English High School, Class of He attended Beverly Schools of St Mary’s High School in 1954.