Real Estate
North Adams, Mass. provides an interesting study in the impact of economic development driven by cultural institutions. : (Bloomberg Opinion)—My wife and I recently spent two nights in North Adams, an old industrial city in the northwestern corner of Massachusetts, at a lodging place called Tourists. What was once an unprepossessing small motel across from the Stop & Shop on Route 2 reopened last summer as a 48-room “hotel and riverside retreat,” still across from the Stop & Shop but now oriented toward the Hoosic River behind it.

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