(Greenfield, MA) The former Greenfield Public Library at 402 Main Street, the Leavitt-Hovey House, is in the process of being sold to Greenfield Savings Bank from the City of Greenfield. The parties have entered into a principal agreement with both parties engaged in negotiations. The property is being sold for $10,000 and Greenfield Savings Bank has estimated it will cost approximately $2.5 million to perform upgrades to the interior, exterior, mechanical, and fire protection systems.
“I can’t think of a better organization to purchase and restore one of our city’s most historically significant buildings than Greenfield Savings Bank. We will all reap the benefits of their investment in downtown Greenfield for many years,” said Mayor Wedegartner.
“The purchase of the historic Leavitt-Hovey House will give our Bank the space we need to expand our Greenfield campus, add more jobs and increase the city’s property tax base,” said Greenfield Savings Bank President and CEO Thomas J. Meshako. “Greenfield Savings Bank is proud to play a role in the preservation of this landmark building for future generations.”
The Leavitt-Hovey House was built in 1797 with architect Asher Benjamin with the City taking possession of the building in 1907 and moving the library into the building in 1909.