Industry News
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 favor of a California homeowner may have implications for inclusionary development and linkage regulations here in Massachusetts. California’s El Dorado County is nestled between Sacramento and Lake Tahoe. Much of...
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.
Live-Shop Combination Transforms Retail Properties
The viability of widescale office-to-residential conversion projects still is up for debate, but signs point to a greater awakening to incorporate multifamily housing into underutilized retail centers across Greater Boston.
More Tolls Are in Our Future – and That’s a Good Thing
Transportation Secretary Monica Tibbits-Nutt found herself in an unfortunate political firestorm last week thanks to her willingness to say the truth: We should give a hard look at adding tolls to other highways in Massachusetts.
Galleries Fill Storefront Gaps in Malls
Mall landlords seeking to fill vacancies and local artists looking for high-traffic exhibition space were a natural match that needed an introduction.
Our Sustainable Investment Model Brings Municipalities Back to Life
Mill Town Capital’s place-based, multifaceted approach focusing on what’s best for the city in need of revitalization and aims for long-term financial returns.
Insurance Is the Wild Card for Some Buyers
When it comes to buying a house, the elephant in the room is not the price. It’s not the mortgage rates. It’s not even the property tax. It’s the insurance.
Housing Slump Deserves a Deeper Look
With all due respect a bunch of academics, however distinguished, need to hear from developers in the trenches to get to the bottom of why Boston’s suffering a plunge in housing starts.
Downtown BID’s Recipe for Retail Renewal
A remarkable transformation is underway that’s redefining Downtown Boston from a 9-to-5, office-driven landscape, via a vibrant retail and cultural revival.
Dan Rivera Resigns from MassDevelopment
The head of a top state quasi-public development finance agency has turned in his resignation, effective immediately.