Home Sales Down 4.5%
Total Page:16
File Type:pdf, Size:1020Kb
ti'.U - ■ . >' iiV Kindergarten: Is stricter^ better?f/^page Last: Sweep puts Whalers in Adams Division Taxes: Bigger bite^'for Social Security / page 11 basement / page ^11 Mmxdmtn Hrralft ■' ■- H ) Manchfistfir A City ol \/illa()R Charm Monday, Dec. 28,1987 \ 30 Cents More property needed for Main Street project Bv Nancy Concelmon owners will be allowed to accom acquisition of Danford’s property, by Stewart Street of 275 Knoilwood to park?’’ Jackston said she re Kandra said about 100 acquisitions and Alex GIrelll pany appraisers then. on the north side of Pearl Street, Road, will be combined with ceived a letter from the DOT will take place for the entire Manchester Herald The owners and managers of the would allow the creation of about 26 property at 12 Birch St. that sometime in July informing her of reconstruction project, many of five properties will have to decide parking spaces, said Jeff Keefe of contains a garage to create a the acquisition. them also easements, ^ m e of the At least five additional property next year whether they want to sell Fuss k O’Neill Inc, which is parking iot of about 43 spaces, "In the prior things we looked at 100 parcels are needed to allow owners will be asked to sell a portions or all of their property to drawing plans for the Keefe said. The 12 Birch St. there was never any indication that construction equipment toenter the portion or all of their land to make the state or move any buildings reconstruction. property is owned by J & G they were going to take that property, and others are necessary way for a planned access road for affected on their land to make way A piece of property on Maple Associates of 789 Main St. property,” she said. to Create extra parking during the the state-funded Main Street recon for the proposed bypass road and Street across the alley from the These properties are “ priorities” Another of the property owners, reconstruction. struction project. extra parking needed during recon Comfed Savings Bank drive-ln in the reconstruction project, said who didn’t want to be identified, Kandra said that because of the struction. ’The road will run along teller, owned by Fred P. Lea of 113 Michael Marzi, project coordinator was upset at the DOT’S methods. large number of properties in The state Department of Trans the north-south leg of Purnell Place Eldridge St., will also be needed to with the state DOT. ‘"They don’t ask you, they Just tell volved, negotiations and acquisi portation (DOT) is already plan and accommodate travelers while be make way for the access road. The owners will be approached you.” tions may take up to a year. ning to acquire buildings ow n^ by parts of Main Street are unusable. ’The property measures about .2 by the DOT early next year about The owner said the DOT sent a "W e’ve been told by the state that George Marlow on Oak,Street and Marlow, who owns two buildings acres. selling their properties for demoli tetter saying that the department the acquisitions of the properties Purnell Place. A DOT official said on Oak Street and Purnell Place ’Three properties on the south side tion or relocating any affected had decided it would need the would take all of 1988.” today that five additional proper that house six businesses, has been of Birch Street will alsobe taken for buildings on them to make way for property for the project and would ties also would be needed for the fighting the acquisition of those the access road. Including a trian the bypass road, Marzi said. send an appraiser. If there was any ’The concept for the reconstruc access road, which would allow for buildings ever since the bypass gular piece of property at 22,24 and Phyllis Jackston of J & G disagreement about the appraisal, tion, including the bypass road, has the flow of traffic to Main Street road was proposed. Many of his six 26 Birch St. owned by Rahin Associates, said she had planned to it could be contested. been approved, said Milton Shaw, during the 1989 reconstruction tenants say that if Marlow’s build Shamash of 43 Elizabeth Drive. ’The knock down the garage at 12 Birch The earliest of the letters were engineer of municipal systems for project. ings have to be demolished they wili part of Shamash’s property at 24 St. and pave It for extra parking. sent out in July, Lewis said. the DOT. Designs for the road are James Lewis, director of rights of iose their businesses. Birch St. that contains The Pen- She said she and Street had planned Lewis said a total of 56 acquisi still being done by Fuss k O’Neill way for the DOT, said today that tland Florist shop wili also be to combine their properties for tions are necessary for the bypass Inc. of Manchester and should be appraisers will go out and physi One of the other five properties taken, but there should be no additional parking. road, most of which are partial ready by January, 1988, Shaw said. cally inspect the five properties on that must be taken for the parking impact on the building, Keefe said. " It’s important to us, it always acquisitions and Involve gaining "It is expected the plans (for the Birch, Maple and Pearl streets in lot is a house at 17 Pearl St. owned A bumed-out building and resi has been," Jackston said. "Thebig easements. road) will be accept^,” Kandra about two weeks. The property by Maureen A. Danford. ’The dence at 16 and 18 Birch St. owned thing Is, what will you do If you have of Public Works George , said. Iran admits chemical Home sales weapons By Ed Blanche down 4.5% The Associated Press NICOSIA, Cyprus — Iran ac knowledged for the first time that it is producing chemical weapons, but said it would abide by an interna- tionai treaty and refrain from using them unless forced to by Iraq. Iran's prime minister, Hussein By Martin Crutsinger Analysts blamed the setback in Musavi, claimed Sunday that Iran The Associated Press sales on both higher mortgage rates is manufacturing "sophisticated and Jitters over the record drop in offensive chemical weapons." The WASHING’TON - Sales of exist stock prices on Oct. 10. use of such weapons is banned ing homes' fell 4.5 percent in "Today’s report reflects a ‘wait- under a 1925 Geneva treaty. November, the biggest drop in five and-see attitude' on the part of Musavi also said Iran has de months, as the collapse in stock buyers in the wake of October’s ployed long-range missiles along its prices in October apparently dam stock market crash and fluctuating war front with Iraq, and will soon pened home-buying enthusiasm, a mortgage interest rates,” said expand its arms production to real estate trade group said today. Nestor R. Weigand Jr., a Wichita, include fighter planes. The National Association of Real Kan., Realtor and president of the He made his comments as he tors said Its monthly survey found association. presented the government’s new that existing single-family homes annual budget to the Parliament in were sold at a seasonally adjusted Mortgage rates have been on a Tehran. He gave no detaiis of the < annual rate of 3.41 million units last roller-coaster in the past few budget for the Iranian year that IX. '•V month after increases of 3.5 percent months, rising sharply Just before begins March 2l, but Iran’s official W k In October and 1.2 percent in the stock market crash only to Islamic Repubiic News Agency September. decline in the weeks immediately quoted him as stressing the war \ It was the biggest monthly after the crash. Rates have once effort wiii get priority. decline in sales since a 7.2 percent again started rising in the past Musavi’s admission that Iran is three weeks. V drop in June. producing chemical weapons was The price of existing homes The Federal Home Loan Mort the first officiai statement indicat declined as well, dropping |600 to a gage Corp. said that 30-year, ing that manufacturing has begun. nationwide average of $84,200 in fixed-rate mortgages averaged Iranian spokesmen previousiy said November. That price was still 4.7 10.69 percent last week, up from only that Iran was capable of percent higher than a year ago. 10.55 percent on Nov. 27. producing such weapons. Musavi was quoted by IRNA as saying Iran will not use the 4 . weapons "as long as it is not forced ( Winter storm may to and wili respect international conventions." The United Nations accused Iraq at least three times in recent years hit region tonight of using chemicai weapons against Reginald Pinto/ManchMter Herald Iran. The Iraqis claimed Iran used By Andrew Yurkovsky "What are you going to do with it similar weapons against them, but Rhoda Russak, of South Windsor, works on Christmas Day. Her ieg was broken in Manchester Herald if the power goes out? Throw it in there was no indepeoident from her bed to coordinate the November, and her doctor expects her the snow?” he said. confirmation. voiunteers who worked at the Samaritan Local businesses and town work For the Fairway Department Western miiitary sources, speak to begin waiking at the end of January. crews are gearing up today for the Store on Main Street, the threat of a ing on condition of anonymity, said Sheiter for the Homeiess in Manchester possibility of a heavy snowfall In snow storm is no big deal.