Moratorium Forces Delay of Alewife Lab Project
By Steve Adams | Banker & Tradesman Staff | Dec 1, 2022 | Reprints | Unlock Link 
The city of Cambridge’s moratorium on office and lab development in the Alewife Quadrangle is starting to affect the existing development pipeline, as The Davis Cos. withdrew a proposed 280,000-square-foot life science project at 40 Smith Place.
Harvard’s Next Allston Project Includes Theater and Affordable Housing
By Steve Adams | Banker & Tradesman Staff | Dec 1, 2022 | Reprints | Unlock Link
Harvard University next Allston development proposal includes a new home for the American Repertory Theatre and 264 affordable housing units for faculty and graduate students.
State Street, Brown Brothers Harriman Terminate Deal
Nov 30, 2022 | Reprints | Unlock Link
Citing regulatory feedback and the likely steps needed to address that feedback, Boston-based State Street Corp. has agreed with Brown Brothers Harriman & Co. to terminate the proposed acquisition of BBH’s investor services business.
Suspect Arrested in I-91 Bank Robberies
A suspect in more than a dozen bank and credit union robberies in several New England states near the Interstate 91 corridor was arrested yesterday in connection with one of the robberies.
Net Interest Income Drives Earnings at Mass. Banks
By Diane McLaughlin | Banker & Tradesman Staff | Dec 2, 2022 | Reprints | Unlock Link
Higher net interest income has helped drive earnings at Massachusetts banks through the first three quarters of 2022, according to FDIC data.
Community Good Works
City Realty Group Managing Partners Fred Starikov and Stephen Whalen visited the AME Zion Church in Boston, part of Boston-based CRG’s yearly tradition of donating turkeys and pies to help those in need.
Unions Plan Offensive to Invest in Public Higher Ed
By Sam Drysdale | State House News Service | Dec 2, 2022 | Reprints | Unlock Link
Educators from across Massachusetts are making it clear that public higher education is on the top of their priority list for the newfound funds from a surtax on incomes over $1 million.
Mortgage Rates Dip for Third Week in a Row
The average long-term U.S. mortgage rate ticked down for the third week in a row and have fallen more than a half-point since hitting a 20-year high less than a month ago.
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