High-End Buildings Keep Lead in Q3 Boston Office Leasing
A virtual city located under one roof, the 1 million square-foot Winthrop Center tower in downtown Boston has a food hall, health clubs, billiard room and even a “Club VIP” doggy daycare.
Gibson Sotheby’s Buys Advisors Living Brokerage
Boston-based Gibson Sotheby’s International Realty announced it has acquired Advisors Living, a suburban luxury-focused brokerage with 200 agents.
All-Cash Home Sales Post Modest Decline in Mass.
While 1 in 4 homes in Massachusetts were bought with cash in the first half of this year, these types of deals are on the decline – slightly.
Samuels Set to Acquire 400-Unit Boston Development Site
Development of a 28-story apartment tower in the Fenway is back in play thanks to the neighborhood’s most active residential developer.
MassDevelopment and BankFive Finance $11M Hyannis Housing
MassDevelopment and BankFive have provided an $11 million loan to a development team planning 45 mixed-income apartments in Hyannis.
HYM Named as Advisor on Carney Hospital Property
Boston-based HYM Investment Group and a Dorchester anti-violence coalition will serve as advisers to the new owners of a former Boston hospital on a redevelopment plan.
Kowloon Will Live on in Redevelopment, Family Says
The family that’s owned the Kowloon restaurant for 75 years unveiled a redevelopment plan to demolish the North Shore landmark to make way for 198 apartments.
Poll Shows Big Support for Upzoning in Boston
A new poll commissioned by a housing advocacy group says majorities of city residents don’t think Mayor Michelle Wu is doing enough to bring down the cost of housing.
Legalization Unlocked 550 ADUs So Far, Healey Team Says
Less than a year after a new state law went into effect legalizing accessory dwelling unit construction on most lots statewide, 550 new ADUs have been approved, according to new data compiled by the state Executive Office of Housing and Livable Communities
144K SF Housing Development Proposed Near Forest Hills Station
The owner-occupant of a commercial property located near the MBTA’s Forest Hills station is seeking approval for 165 residential units.
Somerville Developer Buys Lexington Theater Property
A Somerville developer acquired a Lexington Centre property that includes the Lexington Venue, offices and housing.
Personnel File – No. 422
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
The $25-Per-Hour Test Is Here for Local CUs, Banks
Starting this month, Bank of America will be paying its front-line staff at least $25 an hour. Here’s how smaller Massachusetts lenders are responding.
MBTA Communities Law ‘Was Too Effing Complicated’
Housing advocates say the design of Massachusetts’ highest-profile housing reform to date hobbled it from being able to create housing at scale – and might have hurt future moves.
Hot Property: Takeda Theater at The Platform
A 45,000 square-foot performing arts center at the 585 Kendall life science development will be known as The Takeda Theater at The Platform.
Does Anyone Go to Prison for Federal Mortgage Fraud? Not Many, Data Suggests
Last year, lightning hit over seven times more people than the federal government convicted of mortgage fraud. What’s going on?
Transacting in a Transitional Market Phase
Friends outside CRE wondered whether JLL office broker Sarah Griffith would entertain a career change after the pandemic. In fact, she was having banner years.
Healey’s Housing Production Stats Don’t Always Add Up
Gov. Maura Healey claims we’re already almost halfway to hitting our 2035 housing goal. Is it real progress, or just happy talk from a governor facing reelection?
Uneven Gateway Cities Housing Production May Indicate Bigger Problems Ahead
Early results suggest zoning reforms work only where the private real estate market works like Worcester, while indicating deeper challenges in Western Massachusetts.
When Should Buyers Demand Repairs, or Seek Credits?
There comes a time in most house sales when the buyer and seller have to decide who will pay for any necessary repairs. As with all real estate matters, it depends.
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