Industry News
New Roslindale Zoning Expands Multifamily Possibilities
Roslindale Square is being primed to add mid-rise development under a rezoning plan intended to spur multifamily housing construction.
M&T Ups Ratio of Money Set Aside for Troubled Loans
The bank still reduced the amount of money it’s set aside for loans going bad last quarter while also seeing both loans and deposits take a dip.
Andover R&D Property Trades for $26.4M
An Andover property leased to a medical technology company was acquired by a Luxembourg-based real estate investor for $26.4 million.
FEMA Quietly Removes Access to New England Coastal Erosion Hazard Tool
At some point between February and early March, as seasonal wind and rain hammered New England coasts, a relatively new but enthusiastically embraced tool for predicting erosion slipped off the Federal Emergency Management Agency website.
A Top Mass. Economist Tries to Navigate Tariffs’ Local Impact
Between market dips, concerned state officials and international trade implications, the tariff policies implemented and now partly paused by President Donald Trump last week have created widespread worry across Massachusetts and the nation.
Making Digital Work for Workers CU
Sandesh Parulekar will bring his experience as a top technology executive at DCU to a credit union one-sixth the size as it aims for a digital transformation.
Will Our Housing Market Find the ‘Missing Middle’ Before It’s Too Late?
Encouraging and supporting development in this area of the market may be the key that unlocks the inventory problem that plagues Massachusetts.
Fear for Consumers as Pocket Listings Take Off
The ink is barely dry on NAR’s new pocket listings policy, but already some in the industry worry that more concessions could be made to fans of the practice and that consumers could be harmed.
Another Wake-Up Call for Boston’s Office Market
Greater Boston’s office market was showing signs of momentum before a financial services standard bearer provided a stark reminder about the new normal in workspace demand.
Hot Property: Cloverleaf
Following seven years of permitting and a legal battle, developers have broken ground on a mixed-income development on town-owned land in Truro.
Don’t Pocket Those Listings
Do you really want to withhold your property from the widest possible audience just to give your agent a chance to bank the entire commission, or at least keep the payday in-house?
We Must Capitalize on the Potential in Allston
One of the most promising places to expand Greater Boston’s economy is in Allston. Proposals to build a rail yard there threaten this goal, and the bigger goal of proving we can deliver big infrastructure projects.
Boston’s Mayor Finally Starts to Admit There’s a Money Problem
But a line in the city budget acknowledging the impact of office and lab property values on Boston’s finances arguably downplays its severity as the mayor keeps focus on Trump, instead.
Former Cape Home Builders Association Exec Charged With Fraud
Federal prosecutors indicted state Rep. Christopher Flanagan, of Dennis, for allegedly stealing tens of thousands of dollars from the Cape Cod homebuilders trade group on Friday.
Gillette Redevelopment Could Include 20 Buildings
Redevelopment of the 31-acre Gillette campus in South Boston could include up to 20 buildings and 5.7 million square feet of development.
Great Scott’s New Location, Apartments OK’d in Allston
The Great Scott nightclub will be reincarnated at the base of a 139-apartment building in Allston that received approval Thursday by the Boston Planning & Development Agency.
Zillow Will Not Publish Off-MLS Homes
After updates to the National Association of Realtor’s Clear Cooperation policy on pocket listings, Zillow announced that it will not publish homes that are not published on multiple listing services.
JPMorgan Nearly Doubles Provision for Loan Losses
JPMorgan’s net income rose 9 percent in the first quarter and the New York bank beat Wall Street’s profit and revenue targets, but its chief executive warned of global economic uncertainties ahead due to tariff chaos.
Mariano: Housing Law Critics Have a Point, but Should Comply
The top House Democrat said Thursday he believes the town of Milton had a “legitimate complaint” about a controversial mandatory zoning-reform law, but added that he is not considering any legislative action to let the community off the hook.
InterContinental Owners Sue Developer Over Lab Conversion
Condominium owners at Boston’s Intercontinental Hotel asked a judge to intervene in a property dispute over an office-to-lab conversion project they claim is generating around-the-clock disturbances.
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