Copley Place Revamp Reflects Retail Transition
Simon Property Group should have no problem filling the vacant Neiman Marcus wing at Copley Place for a very simple reason: Luxury retail and restaurants are doing great.
Simon Property Group should have no problem filling the vacant Neiman Marcus wing at Copley Place for a very simple reason: Luxury retail and restaurants are doing great.
Boston’s retail market is entering 2026 as one of the tightest in the country, but growth is becoming more selective.
Robert Horvath focuses on retail transactions, helping Lynnfield-based Horvath & Tremblay scale its brokerage platform across the U.S.
In many markets, there is literally not enough available space to meet the level of tenant demand. We anticipate this challenge to remain permanent.
Affordable housing projects are becoming difficult to deliver. Each city rule may be well-intentioned, but together they push projects beyond what the economics will support.
As a former Star Market property sat vacant in Somerville and financial hurdles delayed redevelopment, Beacon Communities stepped in under CEO Dara Kovel.
A nearly completed affordable housing project in Dorchester could serve as a model for future use of modular and off-site construction in multifamily developments.
While we are investing billions of vital dollars in affordable housing production we must also ensure we are not allowing existing affordable units to be lost.
Two recent zoning reforms may not fix the housing shortage in Massachusetts. But a potential game-changer is on the horizon in the form of an initiative petition.
Only about 600,000 Canadians are expected to visit Greater Boston this year, down from 900,000 in prior years. It’s creating a challenge for local hotels.
While the outlook for Boston hotels’ revenue growth is positive, expense pressures persist, driven by continued increases in labor and other operating costs.
Hotel developers and owners turn to Pinnacle Advisory Group and its new managing principal, Sebastian Colella, for advice on how to pivot to profitability.
Boston has one of the most balanced bases of demand in the country, little prospect of adding new hotels and has three big demand-drivers ahead this summer.
It is an understatement to say that hotels are different from other CRE investments. To understand why, you have to understand hotel management agreements.
Decades after they roomed together at Boston College, Lucian McPherson and Kevin Mapp went into business full-time to accelerate the growth of McPherson Development.
Old-style duplexes make up only 3 percent of new homes in Massachusetts. But CDCs like OneHolyoke are keeping them alive in the state’s Gateway Cities.
They’ve been launching pads for families to obtain a better life. But Massachusetts is neglecting support for homeownership and entrepreneurship.
Massachusetts’ 26 Gateway Cities are important hubs, cultural centers and seats of government. They also have large sites ready for development and redevelopment.
The MGM casino revitalized an area of the city heavily damaged in a 2011 tornado. It’s now generating millions of dollars in taxes and thousands of permanent jobs.
Skyrocketing rents, tougher eviction laws and increasingly sophisticated AI tools are all fueling a spike in rental-application fraud across Massachusetts.