After Tax Dispute Resolved, Town’s Substation Sold to Eversource for $45M

Photo: The 60-megawatt Blair Pond substation off Brighton Street. After being delayed for several days to resolve a last-minute tax dispute, the most expensive transaction in the Town of Belmont’s history was approved Dec. 15 when the Light Board OK’d the sale of the newly-constructed Belmont Light’s 60-megawatt Blair Pond substation off Brighton Street and three […]

With Pot Legal, Selectmen Consider Curbs on Retail Sale of Marijuana

Photo: What could be coming to Belmont in 13 months. A head shop on every street corner in Belmont? While not the most likely business scenario for the “Town of Homes,” unless the Belmont Board of Selectmen and Town Meeting gets together to place allowable restrictions on the retail sale of marijuana, stores much like […]

$45M Substation Sale In A Bind As Town Assess Eversource’s Tax Motives

Photo: The new electrical substation, not yet Eversources The largest financial transaction in the Town of Belmont’s history is on tenterhooks as a last-minute dispute over a powerful regional utility’s attempt to limit its exposure to municipal taxes has town officials demanding changes to the already signed sales agreement. With only four days left to […]

Sold in Belmont: Only Million Dollar Homes Need Apply This Week

Photo: The only single family home to sell last week and, as always, at a premium. A weekly recap of residential properties sold in the past seven days in the “Town of Homes.” • 58 Summitt Rd., Townhouse (2005). Sold: $1,140,000. Listed at $1,275,000. Living area: 2,880 sq.-ft. 9 rooms, 3 bedrooms, 3.5 baths. On the market: 92 days. • […]

Sold in Belmont: A Softening in Multifamily Prices, For at Least a Week

Photo: The only single family home to sell last week and, as always, at a premium. A weekly recap of residential properties sold in the past seven days in the “Town of Homes.” • 136 White St., Condominum (1910). Sold: $360,000. Listed at $414,900. Living area: 1,244 sq.-ft. 5 rooms, 2 bedrooms, 1 baths. On the market: 66 days. • 181 Claflin St., […]

Fill Some Holiday ‘Big Wishes’ at Belmont Savings’ Giving Tree Drive

Photo: A giving tree at Belmont Savings. To help brighten the season for local children, Belmont Savings Bank is supporting the “Big Wishes Gift Drive” in its Belmont, Watertown and Cambridge branches to benefit the Home for Little Wanderers. From now until Dec. 15, those interested in participating can stop by Belmont Savings Bank branches […]

Panos Named A ‘Super Lawyer’ by Boston Magazine

Photo: Laura Panos The Law Office of Laura A. Panos is proud to announce that its founder, Laura Panos, has been named one of Boston Magazine’s “Super Lawyers,” a designation given to outstanding attorneys. “I am honored this year to be selected to join such a distinguished circle of peers,” said Panos who has been […]

Belmont Savings’ ‘Turkey Brigade’ Made Deposits at Local Branches

Photo: (from left) Belmont Savings’ Hal Tovin, COO; Sam Murphy, executive customer support; Katie Conachy, branch manager; and Bob Mahoney, president and CEO. On Tuesday, Nov. 22, Belmont Savings Bank President and CEO Bob Mahoney under the guise of Plymouth Pilgrim took his annual Thanksgiving tour of the bank’s branches in Belmont, Waltham, Watertown, Cambridge and […]

Sold in Belmont: Double the Size, Double the Price

Photo: Bulking up on Cedar. A weekly recap of residential properties sold in the past seven days in the “Town of Homes.” • 222 Prospect St., Brick/frame modified Colonial (1936). Sold: $1,210,000. Listed at $1,100,000. Living area: 2,914 sq.-ft. 9 rooms, 4 bedrooms, 2.5 baths. On the market: 61 days. • 96 Winter St., Ranch/Cape (1950). Sold: $700,000. Listed at $789,900. Living area: 1,885 sq.-ft. 6 rooms, 3 bedrooms, 2 […]

Breaking: Ohlin’s Bakery Leaving Cushing Square, Seeking Help to Find New Home

Photo: The Klemm family – Paul Jr., Paul, Marybeth, and Emily – who own and run Ohlin’s Bakery in Cushing Square. After 101 years in Belmont, the legendary Ohlin’s Bakery at 456 Common St. is leaving its longtime home in Cushing Square for good, according to a Facebook message from its owners. Saying they are […]