Hotel Market Demand Shows No Let-Up
As Massachusetts prepares to welcome conventioneers and tourists to a busy schedule of upcoming events, record hotel room rates are becoming the new normal.
Advice for Developers Fills the Luxury Market Niches
Over the past four decades in Boston-area luxury brokerage, Sue Hawkes has followed the market’s shifts during up-and-down cycles. Now, her firm is casting an eye towards the suburbs.
Wall Street Investors Return to Boston Bidding Pool
Institutional investors returned to bidder pools for apartment complexes on the market in Greater Boston during 2024, resulting in more competitive sales processes and driving up prices.
‘Affordable Housing’ Has a Special Meaning in Mass.
Before joining the chorus of promoters of “affordable housing,” one might want to consider the meaning of that term, and its consequences.
Beacon Hill Gives a Reprieve to Housing Developers
A two-year permit extension in recent state legislation throws multifamily developers a lifeline – but no silver bullet to overcome still-high obstacles to housing projects breaking ground.
Will Multifamily Gain Momentum North of Boston in 2025?
New Hampshire’s multifamily housing market faces a murky future heading into the new year, as cautious developers, bankers and investors wait to see how interest rates and the economy unfold.
Wu Seeks Majority on BPDA Board
Boston Mayor Michelle Wu may be on vacation this week, but she still made a splash in city development politics by announcing she was replacing two members of the board controlling the Boston Planning & Development Agency, an entity she’s sought to dismantle.
The Great Grift: How Billions in COVID-19 Relief Was Stolen or Wasted
Fraudsters potentially stole more than $280 billion COVID-19 relief funding; another $123 billion was wasted or misspent. Combined, the loss represents 10 percent of the $4.2 trillion the U.S. government has so far disbursed in EDIL loans, PPP loan and other COVID relief aid.
Smart Textile Manufacturer to Buy Lynn Property for Expansion
A vacant industrial building in Lynn will be updated to become the new home of a manufacturer that supplies heated gloves and boots to the U.S. military.
Hajjar Secures Financing to Redevelop Fall River School into Apartments
Rockland Trust has provided $7.4 million in financing to Hajjar Management Co. Inc. to redevelop a vacant Fall River school into an apartment building.
Banker & Tradesman’s Editorial Cartoon: Don’t Look in the Rear-View Mirror
As summer turns to fall, it seems like we’re putting COVID behind us. Or are we?
Remote Meetings At Risk As Friday Deadline Nears
Without a last-minute agreement between the House and Senate, the authority for public bodies, agencies and commissions to hold their meetings remotely is due to expire at the end of this week, and affected groups are taking note.
Mass. in ‘Much Better Place’ on COVID Anniversary
Almost exactly two years to the day that the coronavirus pandemic was declared an emergency in Massachusetts, the state’s top public health officer painted a brightening picture of the pandemic Wednesday and said she is optimistic about the trajectory of the state’s response.
Pfizer Begins Trials of Omicron Booster
Pfizer has begun a study comparing its original COVID-19 vaccine with doses specially tweaked to match the hugely contagious omicron variant.
Banker & Tradesman’s Editorial Cartoon: New Year’s Resolutions
With 2021 ending a lot like 2020. Why not just give last year’s resolutions another try?
Race Between Boosters, Omicron Plays Out as Cases Surge
As the omicron variant continues to drive rapid spread, some public health experts warn that the Baker administration has not done enough to get additional shots into arms.
COVID EIDL Program Ends on Friday
The Economic Injury Disaster Loan program for small businesses affected by COVID-19, a key financing option throughout the pandemic, will close on Friday.
Baker Defends His Response to Omicron Surge
People who have been both vaccinated and boosted...
Lawmakers Demand More Action from Baker as Omicron Surges
After hosting an oversight hearing that top state health officials skipped, high-ranking lawmakers are now calling on Gov. Charlie Baker to consider a menu of pandemic management options, including quarantine and isolation shelters and a pause on school mask mandate exemptions.
Law Firm Announces Relocation to One Congress
A downtown Boston law firm has committed to become the second tenant at the One Congress office tower.
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