Harvard’s Allston Development Lands First Tenant
The first life science tenant at Harvard’s new Allston development is a research center that could eventually become home to 500 employees.
Braintree Retail Plaza Trades for $30M
A Braintree retail property anchored by a future Amazon Fresh store was acquired for nearly $30 million by a Needham developer.
Healey Sets Goal of 222K New Housing Units
The MBTA Communities law is just the starting point. That’s the message in the Healey administration’s comprehensive housing plan, which concludes Massachusetts communities need to further expand multifamily zoning to achieve a state of “housing abundance.”
Lawsuit Challenges Hyde Park Housing Development
A lawsuit challenges a 54-unit housing development in Hyde Park, claiming that the Boston Planning & Development Agency improperly approved the project and violated a neighborhood resident’s free speech rights.
The B&T Daily: Jan 7, 2025
Copper Mill Development has burst onto the scene with plans for around 2,000 units at notable properties from Brockton to Somerville.
The B&T Daily: Tuesday, Dec. 17
Commercial property owners in Greater Boston’s biggest suburb now face emissions-reduction rules, just like their counterparts in the urban core.
The B&T Daily: Tuesday, Dec. 10
A developer that has a track record of repositioning former tech campuses for tenants including Amazon and GE just landed another opportunity in Southborough.
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.
The B&T Daily: Tuesday, Dec. 3
Could Porter Square see a 15-story affordable housing tower?
Advisor on Boston Rezoning Pens Land-Use Bible
Architect and law professor Sara Bronin finds middle ground between the free market latitude of Houston and restrictive land-use regulation of New England in her new book, “Key to the City: How Zoning Shapes Our World.”
Wu Rejects Tax Compromise, Biz Leader Says
A business coalition offered a compromise deal Friday that would have seen property taxes on commercial buildings rise, but by less than what Boston’s mayor wanted.
Data Shows Hispanic Home Value Gap Decreases in Boston
In Boston, the gap in home values between Hispanic homeowners and white homeowners currently sits at 13.7 percent, a measurable reduction from prior years.
Malden Shopping Center Sold to Needham Developer
Needham-based RK Centers paid $26.3 million for a Stop & Shop Supermarket-anchored retail property in Malden that had previously sold in 2023 for $21.4 million.
Fewer Agents, Appraisal Worries: What’s Next for Real Estate
As the real estate industry continues to struggle with the fallout from the commission lawsuits, increased mortgage rates and a significant decline in the number of transactions, one observer is optimistic.
Bunker Hill Campus Redevelopment Sets Call for Offers
Proposals to add housing and commercial space to Bunker Hill Community College’s Charlestown campus are due Dec. 10, state real estate officials announced.
Rockland Trust Facing $54.6M Non-Performing Route 128 Office Loan
While Rockland Trust saw deposit and net interest margin growth, a $54.6 million office loan was reclassified as non-performing executives said Friday morning, hampering the gains the bank made in the third quarter.
Court Rules Somerville Underpaid, Owes $30M on Inner Belt Property
The Massachusetts Appeals Court ruled in favor of a developer that challenged an eminent domain taking of its property for a new Somerville public safety complex, awarding $30 million for the acquisition.
New Boston Property Tax Outlook Shows Smaller Resi Jump
Updated assessment data from Boston City Hall shows a smaller projected increase in residential property taxes in 2025, but Mayor Michelle Wu is still lobbying for legislation shifting a larger portion of the tax levy onto commercial properties.
Movie Studio Project Derailed in Braintree
A Braintree property that was pitched for a major film studio development has been listed for sale by the current owner, who also donated a 39-acre portion of the site to a South Shore wildlife hospital for a nature preserve.
Boston Beginning to See Effects of Mortgage Rate Drops
With the Federal Reserve cutting its benchmark interest rate in September, the lower interest rates appear to have driven some increased market activity in Greater Boston.
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