, Gloucester, MA

August 27, 2012

Business briefcase

Gloucester Daily Times

---- — Bank to donate $15K to Cape Ann groups

Supporting organizations that are important to the residents of Cape Ann is one way that BankGloucester gives back to the community.

Over the past four years BankGloucester has given $60,000 to nonprofit and community organizations through its “Banking for the Community” Program.

This year, the bank’s 125th anniversary, it will again award a combined $15,000 to 15 organizations. The money will be distributed based on the number of votes received. The organization with the most votes will receive $5,000; the group receiving the second most votes will receive $3,000; the organization with the third most votes will receive $1,000; and the remaining 12 will each receive $500.

Winners are chosen by the votes cast by community members.

Anyone can now stop by BankGloucester at 160 Main St., Gloucester, for a ballot or may complete a ballot online at One entry per person or email address only. Voting closes Sept. 28.

Winners will be announced at a reception at the bank on Tuesday, Oct. 9, at 5 p.m.

Voters may select up to three organizations.

Organizations on this year’s ballot are Action Inc., Cape Ann Animal Aid, Cape Ann Museum, Cape Ann YMCA, Eastern Point Wildlife Sanctuary, Gloucester Education Foundation, Healing Abuse/Working for Change (HAWC), Hospice of the North Shore & Greater Boston, Open Door Food Pantry, Rocky Neck Cultural Center, Rose Baker Senior Center, Senior Care Inc., The Gloucester Fund, and Wellspring Inc .

There is also a space where voters may write-in an organization of their own choice.

“Serving the Cape Ann community since 1887, BankGloucester prides itself on giving back to the community and this program is one way we do that,” said BankGloucester President and CEO

Patrick Thorpe in a statement. “We are happy to support local nonprofit organizations and community causes.”

Information about the organizations is available on the bank’s website and in the lobby.

‘New’ McDonald’s gives car away

The McDonald’s on Maplewood Avenue had a new look, and at the restaurant’s grand opening, a lucky customer took home a new car.

“We’re changing with the times, and we never stop looking for ways to improve,” said Jonathan Lietz, the restaurant’s general manager. “This new McDonald’s speaks to the needs of our customers and our community.”

The rebuild includes a side-by-side drive-through, digital menu board, and includes modern interior features such as flat screen TVs and free Wi-Fi inside the restaurant. The restaurant also added a new Under 400 Calories Menu, and other new porducts.

A ribbon-cutting ceremony and grand reopening party were held Wednesday. Restaurant owner

Charles Lietz gave away a new Chevy Sonic at the party; customer Linda Shoids of Gloucester won the car.

$4.37M home sold

in Manchester


Karen Fogarty and John Farrell, sales associates in the Coldwell Banker Residential Brokerage in New England’s Beverly office, recently completed the sale of 4 Cobb Ave. in Manchester for $4,375,000. The transaction represents the third highest-priced single-family home sale in Manchester thus far in 2012, according to statistics from MLS Property Information Network .

Sales of luxury homes in Manchester have remained steady compared to a year earlier. Eleven single-family homes priced more than $1 million have sold in the community, which is similar to the sales pace experienced in the first eight months of 2011.

Coldwell Banker Residential Brokerage in New England has been involved in the top five most expensive single-family home sales so far this year in Manchester, representing either the buyer or seller in each transaction.

Fogarty and Farrell represented the buyers in the sale of 4 Cobb Ave, located on Manchester’s Smith’s Point. The home offers 8,530 square feet of living space, nine bedrooms, five fireplaces, six full bathrooms and two half baths, and a sweeping staircase that accentuates the front foyer.

“Interest in the high-end market on the North Shore has been more robust as a result of stronger consumer confidence in the marketplace this past year. This sale is the latest example of a significant transaction in the region,” said Katharine Pickering, sales manager of the Coldwell Banker’s Beverly office, in a statement.

Fogarty said the homebuyers, a couple relocating from London, were focused on finding a home in Manchester.

A consistent top-producing broker in the North Shore, Farrell was recently recognized with the Coldwell Banker

International President’s Elite award. This honor is awarded to the top two percent of approximately 85,000 sales associates worldwide in the Coldwell Banker system. Farrell has expertise in marketing and selling luxury properties and has earned the Coldwell Banker Previews International Property Specialist designation for luxury homes.

Fogarty, a longtime Beverly resident, has undergone educational training to earn several designations including Accredited Buyer Representative and Certified Home Marketing Specialist. In addition, Fogarty successfully completed the Working With Multicultural Clients — At Home With Diversity course. The course teaches Realtors how to work effectively with, and within, a rapidly changing multicultural market. She has also earned the National Association of REALTORS (NAR) Green Designation, which provides Realtors with comprehensive knowledge about green homes and buildings and issues of sustainability in relation to real estate.

“We are greatly pleased to have been able to help our buyer clients who found us thanks to our prominent international presence online,” added Pickering.

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