Boston Councilors Want Affordable Units in More Projects
By Steve Adams | Banker & Tradesman Staff | Dec 8, 2022 | Reprints | Unlock Link 
Boston city councilors demanded immediate changes to the city’s inclusionary development policy, expressing impatience with the pace of a study on requirements for affordable units in new multifamily projects.
Boston Leads Innovation Clusters’ Prospects in CRE Survey
By Steve Adams | Banker & Tradesman Staff | Dec 7, 2022 | Reprints | Unlock Link
Boston’s commercial real estate is the most resilient North American innovation cluster in adjusting to the pandemic era shifts in demand, according to a report on 2023 market trends.
Two Big Newton Lab Projects Delayed by Economic Headwinds
By Steve Adams | Banker & Tradesman Staff | Dec 6, 2022 | Reprints | Unlock Link
Mark Development will ask the MBTA for a two-year extension of its deadline to acquire a lab development site in Newton in the latest sign of softening for the life science market.
Webster Bank to Acquire interLINK
Dec 5, 2022 | Reprints | Unlock Link
Connecticut-based Webster Bank has agreed to acquire a deposit management platform, adding more than $9 billion in core deposits to the bank.
MBTA Ready for Green Line Extension Opening Day 2.0
Residents in cities north of Boston only have to wait a few more days, the last in a decades-long span of promises and anticipation, before they can hop on a Green Line trolley into the state’s capital city.
Eastern Bank Spins Off Foundation for Business Equity to CDFI
The Boston-based nonprofit organization founded by Eastern Bank to support small business owners of color has merged with Mill Cities Community Investments, a Lawrence-based community development financial institution.
Suffolk Downs to Add Concert Venue in 2023
By Steve Adams | Banker & Tradesman Staff | Dec 8, 2022 | Reprints | Unlock Link
Suffolk Downs Suffolk Downs will open an 8,500-seat outdoor performance venue next spring in a partnership with concert promoter The Bowery Presents.
AG’s Office Forces Asbestos Consulting Firm to Shut Down
By Yasmin Daiha | Dec 8, 2022 | Reprints | Unlock Link
A Brockton company specializing in asbestos remediation is expected to shut down after repeatedly exposing construction workers to asbestos.
T Still Won’t Offer Timeline to Reverse Summertime Service Cuts
By Chris Lisinski | State House News Service | Dec 8, 2022 | Reprints | Unlock Link
The MBTA is getting close to a fully staffed slate of subway dispatchers six months after federal investigators warned that shortages posed safety risks, though it’s still not clear when the transit agency will reverse service cuts triggered by workforce issues.
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