Legacy Bancorp added to Russell 2000

Print Story | Email Story
PITTSFIELD, Mass. – Legacy Bancorp (LEGC) announced that it has been added to the Russell 2000® Index. Russell Investments recently reconstituted its comprehensive set of US and global equity indexes, which are widely used by investment managers and institutional investors for both index funds and as benchmarks for passive and active investment strategies. Russell reconstitutes its indexes each year.

In commenting on Legacy Bancorp being added to the list, Chairman and CEO J. Williar Dunlaevy said, “We are pleased with our inclusion in this index, which reflects our continued positive momentum. Russell is an industry leader for stock indexes, and we expect this will generate even greater interest in our stock at an institutional investor level.”

The annual reconstitution of the Russell 2000 captures the 2,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Russell Investments is a global investment company with $136 billion in assets under management as of March 31, 2009.

Legacy Banks, headquartered in Pittsfield, Massachusetts, employs 197 people and has nineteen offices throughout Western Massachusetts and Eastern New York. Legacy offers Personal Banking, Mortgage Lending, Commercial Services, Insurance, Investments, Portfolio Management, Credit and Debit Card products, and Online Services.
If you would like to contribute information on this article, contact us at info@iberkshires.com.

Former Harry's Supermarket Under Construction for Restaurant

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — Construction is underway to transform the former Harry's Supermarket into a restaurant

Late last month, the Conservation Commission greenlit some tree pruning on the property. New windows and a new door can be seen in the front of the building. 

"It's a substantial renovation that's currently underway here," Brent White of White Engineering said, speaking on behalf of the applicant and owner, Huajie Zhu. 

A fire gutted the longtime Wahconah Street supermarket in 2023, and the following year, Zhu purchased the property for $460,000 two years ago to build a restaurant with hibachi in the existing footprint of the more than 100-year-old building. 

White explained that the project has been ongoing for over a year, and the Community Development Board granted the property a waiver to reduce the minimum required number of parking spaces so that additional spaces aren't needed.  

He noted that, looking at the site plan, there is very little room to do so. A mirror will be installed near the sharp turn on Bel Air Avenue to alleviate traffic concerns. 

Pruning will be done on trees in the southeast corner of the existing paved parking lot, as a number of branches are hanging over. The new owners also intend to patch, sealcoat, and re-stripe the parking lot. 

A fire tore through the building less than an hour after the supermarket closed for the day three years ago. An automatic sprinkler system is required for the new use. 

View Full Story

More Pittsfield Stories