Commercial Real Estate News
Lupoli, Healey Kick Off 2M SF Littleton Project
Groundbreakings of large-scale developments are becoming infrequent in Massachusetts, and one that took place in Littleton illustrated the growing list of hurdles.
Outreach Begins as Eviction-Sealing Deal Takes Effect
Thousands of Massachusetts residents gained a new tool in the search for stable housing Monday, as a compromise between tenant advocates and the real estate lobby took effect allowing eligible tenants to have their past eviction records sealed.
Trump Administration Swiftly Undoing HUD’s Transgender Protections
The Trump administration is swiftly remaking housing policy as the U.S. Department of Housing and Urban Development retreats from long-established fair-housing protections for transgender people.
Personnel File – No. 404
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Development Sets Tone for Somerville’s ‘Assembly Point’
A multifamily housing project recently approved by Somerville officials could be a harbinger of future development patterns in an emerging section of Assembly Square.
Top Boston Attorney Warns Mayor on Office Tower Taxes
Could Boston be faced with a repeat of the infamous Tregor decision, the decades-old state court ruling that upended city finances? A top city real estate lawyer thinks so, and he’s urging Boston’s mayor to take precautions.
Accessory Dwelling Units Could Help Boston – If Only the City Would Let Them
While residents are paying princely sums to live in Boston, many who can’t afford to pay Boston’s housing piper are leaving. And the city’s pursuing ADU rules that dramatically restrict how many will be built.
Cracking the Affordability Code for Builders
Controlling project costs is a make-or-break proposition for multifamily developers. At Greenstaxx, it’s Julia Hansen’s job to introduce them to the company’s modular construction technology.
Hot Property: Betty Greene Apartments
Boston-based nonprofit developer Urban Edge completed its latest affordable housing project in the Jamaica Plain neighborhood, the Betty Greene Apartments.
How Rising Construction Are Shifting the Housing Market
Construction costs have surged in recent years, pushing homeownership further out of reach for many Americans. Part of the cause? Faster wage gains for workers in the lowest-paid roles.
New Owners Take Over Management of One Lincoln
The new owners of Boston’s One Lincoln office tower are seeking to accomplish what prior owner Fortis Property Group could not: attract tenants to fill the void left behind by the departure of State Street Corp. and downsizing by WeWork.
Without FEMA Money, Big Housing Development Area at Risk
A project that would keep floodwaters out of Everett’s booming Commercial Triangle development zone and Chelsea’s Mystic Mall could be dead due to Trump administration cuts.
Rockland Trust Consolidates HQ in Ex-Biotech Office
Rockland Trust will be moving its corporate headquarters back to Rockland, the South Shore town where it was first formed.
Hotel Proposal Rides Train to New Bedford
A local development team has filed plans with New Bedford officials to build a new hotel next to the city’s brand-new MBTA commuter rail station.
Boston Awards $38M in CPA Grants for Housing
Seven affordable housing projects in Boston will receive Community Preservation Act grants to help them complete their financing packages.
DPU Squeezing How Much Utilities May Charge for Gas Pipe Replacements
The Department of Public Utilities late Wednesday night ordered that gas companies will have to ratchet down the amount of money they can bill customers for efforts to replace old and leaking natural gas pipelines.
Alexandria Expects Tariff Hit on Construction Costs
Alexandria Real Estate Equities is bracing for a double-digit increase in costs on its current development pipeline related to the Trump administration’s tariff policies and inflation.
Brick-and-Beam Offices Trade for $48M in Fort Point
Local developers acquired a Fort Point office building that’s attracted tech offices and a popular barbecue restaurant in recent years for nearly $48 million.
Report: Mass. Home to More Millionaires Despite New Surtax
Surtax supporters released data Monday that they said pokes holes in the argument that the state’s new tax on high earners is causing higher-income residents to move out of Massachusetts.
Forrester Research Shrinking HQ in Cambridge
The sole tenant of a West Cambridge office building will downsize its headquarters by 39 percent after renegotiating its lease with landlords Healthpeak Properties and The Bulfinch Companies.
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