Theater District Hotel Sold for $123M
A Dallas hotel investor sold the 315-room Courtyard Boston Downtown for $123 million as it continues to divest properties and reduce debt.
Personnel File – No. 394
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Grocery-Anchored Center Sold to Capital Group Properties
A Big Y supermarket-anchored shopping center in Southbridge that’s maintained 100 percent occupancy for a decade was acquired by a Massachusetts retail developer for $11.1 million.
Triple-Deckers and Affordability Don’t Mix
Triple-decker construction may have a place in spurring housing production, but recent experiments in Boston and Somerville indicate only market-rate projects are financially feasible.
Don’t Build ‘Freedom Cities’ in the Desert. Build on Post Offices
President-elect Donald Trump wants to open up federal land, possibly in the West, to housing construction. But there’s lots of underutilized land right here in Massachusetts.
When Others Say Say No, They Give a Quick Yes
A new fund managed by Massachusetts Housing Investment Corp., led by Moddie Turay, will offer financing to preserve private but moderately-priced housing.
State Needs New MBTA Communities Strategy
The debacle in Needham last week should be a wake-up call for the Healey administration, which needs to reconsider its whole approach.
Hot Property: NEU Residence Hall
Northeastern University selected Kripper Studio to redesign 109,000 square feet of interiors at the West Village G dorm, seeking to enhance quality of life and a sense of community.
Coming to a Backyard Near You: Accessory Dwelling Units
With communities’ history of opposition to housing in mind, MAR is extremely concerned about the ways in which municipalities may attempt to subvert the intent of this law.
Boston Planning Director Leaving After Two Years
Boston Director of Planning Aimee Chambers is leaving the Boston Planning Department after less than two years overseeing major changes to development rules.
Mission Hill Towers OK’d After Agreeing to Additional Payments
Boston officials approved a Mission Hill apartment development after the developer agreed to donate $200,000 to a neighborhood nonprofit housing group.
Community Good Works
Boston-based developer City Realty awarded $1,000 scholarships to two Boston college students to help them pay for books and other educational expenses. See who else gave back.
FTC Sues Greystar, Alleging Millions in Hidden Fees
U.S. property management company Greystar swindled renters across the country out of hundreds of millions using deceptive advertising and hidden fees, according to a lawsuit filed Thursday by the U.S. Federal Trade Commission and Colorado.
GOP, Dem Leaders Provide Doses of ‘Reality’ After Guv’s Speech
Republicans thought Gov. Maura Healey’s annual address “presented a rosy picture” that “fell short of reality;” while top Democrats in the Legislature said they were glad she highlighted past successes, but didn’t jump on board with every one of her outlined future priorities.
Healey Speech Passes on Major New Housing Production Policies
For Gov. Maura Healey, 2025 is going to be about “implementation” – putting into practice the big housing, economic development and energy bills Beacon Hill passed last year.
What to Expect in Gov. Healey’s Address to the State Tonight
Massachusetts has reason to both celebrate accomplishments and fret over serious challenges as Gov. Maura Healey gets set to check in with a joint session of the Legislature and roughly 7 million Bay Staters at 7 p.m.
Downtown High-Rise Plan Headed for Vote in February
The latest Boston downtown rezoning plan heads for approval next month with a new high-rise district designed to stimulate housing development.
PHOTOS: Giant Clown Heads Are Out. Big Pink Inflatable Men Are (Looking) In
The latest eye-catching – if potentially slightly unsettling – and humorous downtown Boston art installation is here.
Needham Votes Down Ambitious Rezoning Plan
In another blow to advocates and state officials hoping for another Boston suburb that would welcome new zoning, Needham voters resoundingly rejected a plan Tuesday to add thousands of new apartments in the town’s commercial districts.
New MBTA Zoning Regs Give Noncompliant Towns More Time
The Healey administration filed emergency regulations late Tuesday afternoon to implement the controversial law meant to spur greater housing production, after the state’s highest court struck down the last pass at drafting those rules.
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