Business

Watertown Savings Bank Names New Vice President

By |

Watertown Savings Bank (WSB) Chief Executive Officer Ronald Dean is pleased to announce that Sandy M. Penchansky has been promoted to Vice President at Watertown Savings Bank, according to an announcement from the bank. Since 2007, Penchansky has been the Financial Advisor for Infinex Investments, Inc., located at WSB. The Bank introduced investment services to its customers through Infinex Financial Group in 2005. Infinex Financial Group, a broker-dealer based out of Connecticut and Virginia, is the largest bank-owned provider of investment and insurance products and services for community banks in New England. Infinex was created nearly 20 years ago by community banks; works primarily with community banks; and specializes in retirement, education and wealth transfer strategies for bank customers. Working with individuals and small businesses, Penchansky helps modify or design various portfolios, set up retirement plans, or identify insurance needs. Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. Infinex and the bank are not affiliated, according to the announcement.

Development

Residents Invited to Learn About Proposed Eastside Hotel

By |

A community meeting will be held to give the latest update on the hotel proposed to go on Elm Street on the Eastside of Watertown. Elm Hospitality LLC will host the presentation and discussion of the revised project design for the new hotel proposed to be built at the former Atlantic Battery Site at 80 Elm St., Watertown. The meeting will he held on May 7, 2015 starting at 7 p.m. at the Coolidge School Apartments Function Room, 319 Arlington St. in Watertown. When developers made the first presentation for the hotel in January, they said it would have 102 rooms and would be an “upper, mid-range” hotel.

Business

Local Groups Can Apply for 3, $10,000 Grants from Belmont Savings

By |

The Belmont Savings Bank Foundation announced a $30,000 grant competition as part of its charitable giving initiative in Watertown. Local residents will nominate charities that will then be eligible for a donation based on voting. Through the initiative, the Belmont Savings Bank Foundation will invest $10,000 into three programs located in Watertown. Applications should include efforts for health, education, affordable housing or youth programs. The nomination deadline is May 20, 2015. Following May 20, all approved organizations will have a 20-day period to drive voting which will take place on the Foundation website.

Real Estate

See the Two Watertown Homes That Sold this Week

By |

A three-bedroom Colonial and a three-family home sold this week in Watertown. $800,000 – 42 Lovell Road, 8 room, 3 bedroom, 2 full bathroom, Colonial single-family home

$675,000 – 270-274 Palfrey St. 3 unit, 15 total room, 7 total bedroom, 3 Family multi-family home

Story Sponsored by:

Real Estate

Several Listings Under $400,000 in This Week’s Watertown Open Houses

By |

About a dozen listings in Watertown this week. See when you can hit the open houses. $339,900 – 128 Putnam St. Unit 128, 2 bedroom, 1 bathroom 2 family, Open House: Sunday 12:30-2:30 p.m.

$439,000 – 32 Commonwealth Road Unit 1, 2 bedroom, 1 bathroom 2 family Open Houses: Saturday 12-2 p.m. Sunday 12-2 p.m.

$464,900 – 53-55 Bates Road Unit 53, 2 bedroom, 1.5 bathroom detached home, Open Houses: Saturday 11 a.m.-1 p.m. Sunday 12-2 p.m.

$399,900 – 151 Coolidge Ave. Unit 212, 2 bedroom, 2 bathroom garden condo, Open Houses: Saturday 12-2 p.m. Sunday 12-2 p.m.

$499,900 – 37 Rosedale Road, 4 bedroom, 2 bathroom cape, Open Houses: Saturday 12-1:30 p.m. Sunday 12-1:30 p.m.

Sponsored by:

$750,000 – 700-702 Belmont St.

Development

2 Documents that Will Shape Watertown’s Future Will be Discussed Soon

By |

Two documents that will have a major impact on Watertown’s future will be discussed in public meetings. 

The Planning Board will hold a public hearing to continue discussion of the Design Guidelines & Standards. This document includes proposed changes to the Watertown Zoning Ordinance and will add new rules for major residential and commercial developments in town (find out more here). The meeting will be held on Thursday, April 30 at 7 p.m. in the Town Council Chamber. The Town Council and the Planning Board will get together for a public hearing on the Comprehensive Plan. This document sets out a vision for the town’s future in several categories, including land use, transportation, housing, economic development, open space, natural resources, historical and cultural resources, public services, and energy.

Real Estate

Flurry of Activity in Watertown Real Estate Market – See the Open Houses

By |

Watertown has more than a dozen open houses to choose from this weekend. $339,900 – 4 Repton Cir. Unit 4409, 1 bedroom, 1 bathroom garden condo, Handicap Access/Equipped, Open House: Sunday 12-2 p.m.

$525,000 – 669 Main St. Watertown, 3 bedroom, 2 bathroom colonial, Open House: Sunday 1-3 p.m.

$599,900 – 125 Coolidge Ave. Unit 204, 2 bedroom, 2 bathroom mid-rise condo, Open House: Sunday 12-2 p.m.

$839,000 – 11-13 Lyons Court, 2 unit, 10 total room, 4 total bedroom, Open House: Sunday 12-2 p.m.

Sponsored by:

$324,900 – 28 Ladd St.