Powell Likely to Signal Lower Inflation Is Needed Before Fed Will Cut Rates
After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year.
Wakefield Turns Down MBTA Communities Zoning
Wakefield joined Marshfield and Milton in the suburban resistance to the MBTA Communities housing production law, rejecting three proposals to rezone an area near transit for multifamily development.
BXP Breaks Ground on Cambridge’s Tallest Building
Boston Properties has started construction of the tallest building in Cambridge history, the 121 Broadway residential tower slated for completion in 2027.
Reclassification of Marijuana Could Build Momentum for Cannabis Banking Reform
The U.S. Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, a historic shift to generations of American drug policy that could have wide ripple effects across the country.
Court Rulings May Force Action On Home Equity Theft
After a state judge ruled this month that Massachusetts law governing municipal home equity takings “requires Legislative correction,” a state senator who has filed a related bill for years said Monday that he was ready to start demanding roll call votes on his proposal.
Rockport Residents File Civil Rights Suit Over MBTA Zoning
A group of Rockport residents claim that the way their town is coming up with zoning to comply with the state MBTA Communities law is violating their civil rights.
Posto Relocating to Assembly Row
A mainstay of Davis Square’s dining scene is relocating to Assembly Row after leasing 6,000 square feet for a takeout market, cafe and dining room.
AI Biotech Researchers Relocate to Cambridge
A biotech company that’s received over $400 million from investors for its artificial intelligence-based research opens a new headquarters in Cambridge this week in a relocation from New York City.
Douglas Elliman Settles Commission Lawsuits
Luxury brokerage Douglas Elliman has become the latest brokerage to join in the National Association of Realtors’ commission lawsuit settlement.
Mass. Climate Bank Launches First Homeowner Loan Product
The product will make $20 million in loans available over the next two years to help homeowners cover the costs of things like heat pumps, electric vehicle charging stations, weatherization, and more.
Developer Alleges Fraud in Delayed West Roxbury Project
The developer of a delayed West Roxbury apartment complex claims that its general contractor engaged in “rampant misconduct” by withholding over $2.2 million in payments to subcontractors.
Personnel File – No. 365
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
WeWork Seeks to Drop One Lincoln Lease
One Lincoln owner Fortis Property Group faces another big office vacancy to fill if a bankruptcy court approves WeWork’s motion to reject the lease on its 241,000-square-foot coworking center.
JPMorgan’s Dimon Says Stagflation Possible
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation.
Turning Up the Volume in Back Bay
Samuels & Assoc.’s Rachel Diharce gives an inside look at how she and her team curated a unique retail experience at the new Lyrik development to cap off Boston’s iconic Newbury Street shopping district.
Downtown Landlords Expand Ground-Floor Horizons
If downtown Boston fully regains its retail footings, it will be through discarding cookie-cutter leasing strategies reliant on fast-casual franchises and clothing chains.
Ruling Could Threaten Linkage Fees in Massachusetts
This month’s unanimous U.S. Supreme Court decision in...
Hot Property: Goulston & Storrs Offices
Approximately 350 employees at law firm Goulston & Storrs are settling into their new offices at One Post Office Square following the firm’s first relocation since 1985.
Why Developers Should Think About Retail Early
The economic implications of a thriving ground floor experience extend well beyond the first lease year. Here’s how to create neighborhood magnets with major gravitational pull.
Looming Homelessness Crisis Demands Supportive Housing Ramp-Up
There’s a proven solution to end chronic homelessness. It’s cost effective, good for business and it’s the humane thing to do. It’s called supportive housing.
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