Despite Green Light, Cambridge Housing Proceeds with Caution
Affordable developers have been treading carefully despite theoretical zoning permission to build tall, including shrinking buildings to placate neighbors.
Government Workers Are Key to Downtown Boston’s Revival
Boston’s mayor and Massachusetts’ governor have been cheerleaders for downtown firms to bring their employees back to the office full-time. But they could be doing a lot more with their own workforces.
An Affordable Housing Solution Hiding in Plain Sight
Community Land Trusts are finding traction in red and blue states alike, as a fiscally prudent strategy for making public resources do more, go further and last longer.
Real Estate Leaders Say Apartment Brokers Devalued in Fee Controversy
Politicians in Cambridge, Boston and Somerville are all seeking to stop tenants from having to pay apartment broker fees. But two industry leaders say that any potential change could have undesirable ramifications.
Building Code Creates Negative Housing Feedback Loop in Springfield
Decades of low housing demand have obscured a fundamental truth about Western Massachusetts: Public policy is contributing significantly to home blight and abandonment.
A New Face on Familiar Terrain
Business confidence is rising in Massachusetts and Ren Cato, a new senior business banker at South Shore Bank, hopes to harness that to drive growth for the bank.
Dec. 9, 2024
One Mortgage Banker’s Plan to Fix the Housing Crisis
To Mark Milam, a mortgage banker and loan originator in Atlanta, many current proposals are like “swallowing an aspirin next year for a headache you have now.”
Sluggish Permitting Blamed for Worsening Housing Crisis
Greater Boston communities’ drawn-out land-use permitting inhibits development and further drives up some of the nation’s highest apartment rents and home prices, according to an analysis by The Pioneer Institute.
Community Good Works
Oxford-based BankHometown announced a $5,000 donation to the Putnam Veterans Advisory Committee, supporting the creation of an Afghanistan Memorial in Putnam. See who else gave back.
Zillow: Empty-Nest Homes Won’t Solve Boston Housing Issues
As struggles with a lack of supply and rising prices continue, empty-nest homes won’t solve these issues, a new report argues.
Biz Groups Waver on Boston Tax Deal
Business organizations urged Beacon Hill legislators to pause approval of a new property tax structure raising rates on commercial properties in Boston following the release of new assessment data.
Law Firm Raises Profile with First South Station Tower Lease
South Station Tower’s first office tenant is a national law firm that will relocate from its Financial District offices next year in a landmark deal for Hines’ $870 million development.
Top Fed Official Says December Rate Cut Depends on Data
A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view.
New Data Shows Boston Homeowners Face Smaller Tax Increase
A Boston senator delayed action on a controversial home rule petition for the second time this week, pushing consideration off after new data emerged about the city’s property tax outlook.
HarborOne Bank Partners With Wealth Management Platform
HarborOne Bank has partnered with Osaic Institutions, one of the nation’s largest providers of wealth management platforms.
The B&T Daily: Wednesday, Dec. 4
Eastern Bank is consolidating its suburban office space north of Boston to a Wakefield office park owned by Hobbs Brook Real Estate.
Eastern Bank Slashes Suburban Office Footprint
Eastern Bank is consolidating its suburban office space north of Boston to a Wakefield office park owned by Hobbs Brook Real Estate.
Merrimack Valley Credit Union and Cabot Boston Credit Union Merger Approved
The members of Merrimack Valley Credit Union and Cabot Boston Credit Union have voted in favor of merging the two financial organizations.
Haverhill Lofts Sold to Watertown Investor
A Watertown multifamily developer acquired a one-time leather goods factory converted into loft-style apartments in downtown Haverhill for $13.7 million.
