EVERETT Vol. 29, No.3 -FREEwww.advocatenews.net HONORING REV. DR. KING'S LEGACY PAGES 10-11 ADVOCATE Free Every Friday 617-387-2200 Friday, January 17, 2020 Everett’s Dynamic Duo Fixed Rate Mortgages NO POINTS 15 YEAR 3.125% RATE 3.231% APR* EVERET T – 419 BROADWAY LYNNFIELD – 7 7 1 SALEM STREET 6 1 7 - 3 8 7 -111 0 30 YEAR 3.690% RATE 3.750% APR* For more rates visit our website at EVERETTBANK . COM *Annual Percentage Rate (APR) is effective January 14, 2020 and is subject to change. All rates and APR’s are calculated based on a $250,000 loan for an owner-occupied single family dwelling with a 20% down payment. Rates are also based on Loan to Value and credit scores. The monthly principal and interest payment for a 15 Year fixed rate mortgage is $6.97 per $1,000 borrowed. The monthly principal and interest payment for a 30 Year fixed rate mortgage is $4.60 per $1,000 borrowed. Those payment do not included taxes and insurance. Your payment may be greater if the loan is secured by a first lien. Loans are subject to credit approval. NMLS #443050. STATE HOUSE LEADERS: State Representative Joseph McGonagle (right) and State Senator Sal DiDomenico are eager to continue their successful teamwork at the State House and their fight for Everett taxpayers during the 191st General Court’s Second Annual Session, which started on January 1, 2020. Last year DiDomenico secured more than $10.6 million for Everett in the Senate’s fiscal year 2020 budget; in the House of Representatives, McGonagle earmarked $10 million in the state’s Transportation Bond Bill to design a Commuter Station in Everett. Both of these elected officials are well-respected for their leadership roles. The consensus around the city is that both of these dynamic elected officials should be re-elected. (Courtesy Photo) Bouvier Building to be Member FDIC Member SIF transformed into luxury hotel Special to The Advocate T he historic Bouvier Building, most recently the home of Bouvier Jewelers, will be converted to a bouOur 81st Year EDUCATION Next Classes DRIVER 1 Week Day Class Feb. 17 & April 20 2 Week Night Class March 16 CALL - ENROLL or Register Online 617-387-9121 HENRYSAUTOSCHOOL.COM AUTO SCHOOL E EVERETT A “Successful Key To Driving” Since 1938 Gift Certificates Available tique hotel if all goes according to plan. The 1877 structure, one of the finest commercial mansard buildings in the area, will be renovated and restored to accommodate 23 hotel rooms and a fine dining restaurant. Located at the corner of School and Norwood Streets, the building is in the heart of Everett Square, an area about to undergo tremendous change. “We hope that this proposal can serve as a keystone for the forthcoming Everett Square Redevelopment,” said Jeffrey Bouvier, the building’s owner. In fact, the Everett Square studies done by the city’s consultants see the preservation and adaptive reuse of this building as central to that effort. “We are happy to participate in the rejuvenation of the area and will do our part to provide impetus,” said Bouvier. Much of the building’s robust brick and stonework will be restored in the undertaking. The mansard roof will be rebuilt to provide rooms in the attic while the entire interior will be rebuilt to comply with the fire codes. The ground floor façade, mostly lost by previous renovaHOTEL | SEE PAGE 2
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