Historic Boston Head to Lead City Preservation Office
The head of a top Boston historic preservation group and major owner of historic properties is headed to City Hall.
New Biz Group Launches, Focused on Mass. ‘Competitiveness’
A prominent think tank and two major business groups have teamed up to create a new lobby group that says it’s “aimed at promoting opportunity and improving competitiveness” in Massachusetts.
Core Investments Adds Partner for South Boston Development
Developer Core Investments formed a joint venture with a Chicago developer on its South Boston development known as On the Dot.
Boston Investment Consulting Firm Fined By SEC
NEPC LLC, an investment consulting firm headquartered in Boston was fined $725,000 by the Securities and Exchange Commission this week for failing to file reports.
Developer Rebrands Waltham Apartments After $221M Sale
A San Francisco developer acquired a 696-unit suburban apartment complex for $221 million and renamed the 34-acre property as ReNew Waltham.
Data Shows The T Is Finally Getting Better – Finally
Does it seem like your T ride is improving? It actually might be. Statistics show the transit agency is turning a corner on subway slow zones, speeds on the Blue and Orange Lines and the largest workforce in years that resulting in better service.
Nantucket Rejects New Short-Term Rental Limits
In the latest skirmish over the future of vacation rentals on Nantucket, voters rejected four new proposals designed to regulate the market.
How the Federal Reserve’s Half-Point Rate Cut Will Impact Boston Real Estate
The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame inflation but that also made borrowing painfully expensive for American consumers and businesses.
In Lead-Up to Fall Selling Season, Mass. Inventory Fell
As prices of homes continue to rise in Massachusetts, inventory remains an issue in the commonwealth.
Nahant Officials Auctioning Off 12 Buildable Lots
The former site of 12 homes for Coast Guard personnel are being auctioned off by officials in Nahant starting this week, a rare chance for homebuilders to develop new properties in the exclusive North Shore town perched on a rocky outcrop in the Atlantic Ocean.
Just Who Is Leaving Mass.? Reports Paint Different Pictures
A new report published Tuesday by the left-leaning Massachusetts Budget and Policy Center suggests fears about outmigration are overblown or at least built on data that that points to “inconsistent” conclusions.
Foundation Buys West Newton Cinema for $5.6M
Following its receipt of two major donations, the West Newton Cinema Foundation completed its acquisition of the Garden City’s only independent movie theater for $5.6 million.
Hasbro Scouting Boston for New HQ
Massachusetts is in the running to attract the headquarters of a well-known consumer brand from a neighboring state with the potential relocation of toy and game maker Hasbro from Rhode Island.
Mass. Home Sales Were Slow to Rise in August
In August, prices continued to rise but so did sales, signaling that the demand is there in the single-family market.
Amazon Tells Workers to Return to the Office Five Days a Week
Amazon is reverting to its pre-pandemic policy and will require corporate employees to be in the office five days a week starting next year, CEO Andy Jassy said Monday.
Buying Is Still A Lot More Expensive than Renting in Boston
While prices continue to rise in New England, owning a home might be more affordable than renting for some.
Consigli Completes Purchase of LendLease Construction Ops
The acquisition bolsters Consigli’s presence in the New York City area at a time when several Boston construction giants have been looking to expand their footprints to other metros to compensate for the commercial real estate downturn.
City Hall: Zoning Chair Was Holdover Replaced, Not Sacked
The Boston Zoning Commission Chair was removed by Mayor Michelle Wu just a month after the board failed to approve new regulations discouraging the use of fossil fuel building systems in new developments.
Will the Fed Cut Rates Enough to Secure a Soft Landing?
Plenty of uncertainty still surrounds this week’s Fed meeting. How much will the policymakers decide to reduce their benchmark rate, now at 5.3 percent? By a traditional quarter-point or by an unusually large half-point?
Personnel File No. 380
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
