I settled in North Adams five years ago from Boston and have not regretted it for one minute.
There is a lot happening in North Adams and surrounding communities. If your research consissts of driving around and looking at empty storefronts, and talking to pizza parlor employees, well, no wonder your impressions were not positive.
I'd start my investigation by going to this website set up by the local weekly going out guide (sorry it has so many ads):
The Advocate Weekly Online - Home
Or even better, this detailed site (much less commercial) which covers arts, entertainment and such:
Berkshire Fine Arts
(Check out the Fall arts preview)
The community is certainly in transition, but that is why you can buy a house for $50K and if you looked on Church Street, you would find many Victorian gems that are just waiting for some young couple to snap up, live in for a while asthe city continues to develop, and then cash out. There are no instant riches here.
The movie theater closed about the same time the factories left town, but plans are underway for its renovation into another performance venue. There is a tourist center in Adams where I get half price tickets for live shows as cheaply as $9.00!
The Massachusetts Museum of Contemporary Art is the largest facility of its kind in the world, and has constantly changing exhibitions, and a year round program of film, dance, theater and cabaret performances. Their dance parties are notoriously good times with lots of young folks and superb live music at affordable cost. They have pioneered the showing of old films with live music from a small band or orchestra, and they will be showing Nosferatu around Halloween as part of the Williamstown Film Festival. and yes, Virginia, a new 10 screen multiplex just opened in town.
There are a couple of other things you might want to know, like the great jogging/walking/public facilities over at Ryan Field along the Hoosac River embankment, the glorius Cascades just minutes from the center of the city (not for the faint hearted - rough terrain), and up Florida Mountain, Tannery Falls and all manner of ponds, fishing, bathing and picnicing facilities that are beaufifully kept and uncrowded. Skiing all winter, a half hour away! And a huge indoor ice skating rink on Ashland Street.
Empty storefronts signify little except the damage the WalMart has done to the downtown merchants.
Good restaurants abound too, including four nice pizza parlors, but I prefer Cafe Latino for South American cuisine, and Bounty Fare's Sunday Brunch for only $9.95 and that is just the tip of the iceberg.
Did you visit the glorious library with the great video collection you can borrow for free? Or check out the free lectures and low cost performances at both MCLA and Williams? How about the farmers market on Saturday morning? Or the many nearby farm stands?
A very rich and fulfilling life is available for those who want it. OTOH if I was looking for a buzzy and raucus night life, maybe it is not such a hot place for that. Employment is sort of divided between macjobs and skilled ones. If you are in the health or education fields, you will likely do ok. If you are self sufficient, and like sell on eBay or online, the low overhead, skilled workers, the lack of lines at the post office and the friendly UPS FedEx drivers will make your life a joy.
Good luck.