27 Kendrick Place (Not to be confused with apartment building of same name)
A little less than two years ago then Finance Director Sandy Pooler purchased the little house at 27 Kendrick Place for $5,000 over the minimum asking bid of $220,000.
The house was left to the Amherst Housing Authority by former Select Board member and 30+ year UMass German language professor Eva Schiffer. And according to her last will and testament the house should be sold to a town employee at 60% of its market value (at the time appraised at $307,000).
When that did not work out the AHA went to probate Judge Linda Fidnick who ruled it was okay to simply sell the house outright as long as the proceeds went towards assisting low-income families.
After the sudden death of Town Manager John Musante, when the town was still reeling from his loss, Mr. Pooler announced he was leaving for a job in his hometown. Fair enough. Who does not like working for their hometown?
But now the property he purchased for the bargain basement price of $225,000 is on the market for $350,000. Thus even if he put $20,000 into the house over the past two years, a pretty healthy $100,000 profit wouldn't you say?
Ms. Schiffer would not be pleased.