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Real Estate - Homes on and off the market in Southborough

Posts related to the Real Estate market in Southborough. Includes weekly overviews of new listings on the market, pending sales, and property sold. Occasional features on the local real estate market.

Town may seek conditions to releasing Fayville Hall rights (Updated)

Select Board is looking to do "due diligence" and considering conditions based on Right of First Refusal for 40-42 Central Street

by Beth Melo on

The Select Board will quickly seek more “due diligence” before deciding on whether to release the Town’s Right of First Refusal (ROFR) to purchase Fayville Hall at 40-42 Central Street.

Town Boards and Committees have been asked to notify the Board by this Friday of any interest they have in the  property.

When the Select Board follows up next week, they are likely to vote to release their rights, but may seek to condition that on extending the Town’s ROFR if the property is sold again. Read the full article → from Town may seek conditions to releasing Fayville Hall rights (Updated)

SHS to buy Fayville Hall with funds from Declaration of Independence sale

Southborough Historical Museum would be relocated from Flagg School to a restored village hall

by Beth Melo on

Southborough Historical Society’s decision to buy Fayville Hall highlights the uncertain future of its current home and resulted in the sale of a valuable document in its collection. Plus it puts a spotlight on some the Town’s agreements with the owner and with SHS. Read the full article → from SHS to buy Fayville Hall with funds from Declaration of Independence sale

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