Home / Archive / VOL. I NO. 07 11/01/2020 / For Sale: Elm Court Goes Back on the Market

Now we are seven and all systems are go. Click http://www.stockbridgeupdates.com and in upper right corner, subscribe or leave us a comment. Find our complete archive from the first issue in August 2020 through April 15, 2026. Search an old article, read or reread them, and of course, take another look at all those fabulous photographs. if you would like to support Stockbridge Updates, go to VENMO @carole-owens-6 (no caps) or mail a check to P. O. Box 1072, Stockbridge, MA. 01262. If you like this issue, pass it on.

VOL. I NO. 07 11/01/2020

For Sale: Elm Court Goes Back on the Market

We apologize to our readers. Stockbridge Updates had the story of the sale of Elm Court ready for last issue and it was left on the cutting room floor. Travaasa put Elm Court on the market for a figure ($12.5 million) roughly equivalent to what they spent to date on purchase, stabilization, plan preparation, application process, and legal fees.

As reported in earlier issues of Stockbridge Updates, this is a hot real estate market. Is Travaasa testing the market to determine if it can quickly recuperate all expenses and move on? If they cannot sell for the asking price, will Travaasa continue with its development plans?

If they sell to a developer, will the approvals transfer to a new owner? Will Travaasa retain a part ownership to assure they do? Is the “sale” a way of attracting a development partner — an infusion of development money?

Miraval, the destination development arm of Hyatt, purchased Travaasa Austin (Texas) in 2016. After developing Cranwell, would Miraval be interested in Elm Court? Is there a buyer who wants Elm Court as a single-family home given its size and condition?

Sign Up for
Stockbridge Updates

Local news provided free of charge.

Past Issues

Archive of all stories

Stockbridge Updates Statement of Purpose

To inform without opinion or pressure and give the people of Stockbridge the facts they need to make informed decisions.

To provide space for opinion, but since facts and opinions are different, to clearly mark opinion pieces, and clearly identify the opinion holder.

Stockbridge Updates is a periodic newsletter delivered through email.

Carole Owens, Executive Editor

Stockbridge Updates Policy with Respect to Submissions

SU welcomes your letters and other submissions on all Stockbridge subjects, history and current events, news and human interest, whatever is on your mind. As with articles and opinion pieces, letters are 400 words or less, no personal attacks, and always attach your name. SU does not include personal information and will delete telephone numbers, email addresses, post office boxes, and street addresses. Limit one submission per month.

Carole Owens, Executive Editor

Stockbridge Updates: Format

SU is attempting to present a consistent format for readers. SU begins with its Table of Contents. The SU Editorial is next and then the News. News is divided between one-time events, such as the election and events around town, and recurring reporting, such as the Notes from… section. It is called Notes from… because SU attends the town meetings, takes notes, and reports what happened. If SU has a comment or question, it is at the end of the meeting identified as Editor’s Comment or Editor’s Question. The next section is Contributors. Under contributors, you may find Stockbridge history, opinion pieces, or information from a Committee Chair or elected official. Our final section is Reader to Reader, our letter section. The issue closes with the SU Statement of Purpose and Policy for Contributors. We welcome all letter writers and contributors; deadline on the 10th for the issue posted on the 15th of the month and on the 26th for the issue posted on the first.

Your Submissions Welcome!

Submit comments, opinion pieces, and letters to the editor to carole@stockbridgeupdates.com

If you want to look at back issues, go to: our archive page

Stockbridge Updates—pass it on.

Stockbridge Updates

carole@stockbridgeupdates.com