The Gossip Report: Oct. 2, 2026
This week’s roundup of Massachusetts’ most expensive home sales turned up nothing but Nantucket transactions.
Search Banker & Tradesman
118K SF Downtown Salem Development Completes Financing
Beverly-based Windover Construction has begun construction of 115 apartments in downtown Salem, where WinnCompanies recently completed a $48 million financing package comprising 25 sources.
Harbor Towers Get a 50-Year Reprieve from Nature
The nor’easter in late September spared the Harbor Towers condominiums, located steps from the downtown Boston waterfront. Trustees say a recent $20 million investment ensures that the property will withstand coastal storms for decades to come.
Beacon Bank Renovates Branches
Beacon Bank has renovated nine branches in Berkshire County, part of a multi-million-dollar project, according to the bank.
NorthBridge Sells Boylston Distribution Center for $90M
Rising fuel costs are putting a premium on well-located warehouse and distribution centers, factoring into the $90 million acquisition of a central Massachusetts property.
River Run Grabs Top Eastern Exec as Future CEO
River Run Bancorp has named Sujata Yadav its next president and CEO. She will lead River Run as well as its three constituent banks.
Studio G Architects Names Next Leader
Boston architecture and planning firm Studio G has announced founder Gail Sullivan plans to retire.
Watch: DTX Landmark Seeks to Stand Out in Crowded Market
Millennium Partners has a big block of vacant space to fill at 10 Summer St.: over 244,000 square feet on six upper floors in a building now anchored by retail tenant Primark.
State Housing Chief Says More Funding Coming for Development
Massachusetts’ top housing official said more public assistance is coming for developers of multifamily projects, including $200 million of state transportation funding to jumpstart projects.
St. Mary’s Credit Union Names Ex-HarborOne Exec New President and CEO
St. Mary’s Credit Union has its third new leader in less than a year as President and CEO Jim Petkewich retires.
Jeanne D’Arc Credit Union Adds Investment Capabilities
The Lowell-based credit union is working with InvestFi to allow customers to directly make investments from their accounts.
Healey Seeks Project Labor Agreement for Cape Bridge Project
State officials have issued a request for proposals for a team to design and build a new Sagamore Bridge, and the firm that wins the bid must agree to a project labor agreement.
Cambridge Councilors Seek to Rein in Citywide Upzoning
Cambridge officials took a step towards rolling back the city’s historic 2024 citywide rezoning, which has prompted a backlash from some residents about the scale of recent multifamily development.
Residential Conversions Trigger Updates to Historic Buildings
A Brutalist landmark, a block-sized prewar edifice and a smaller downtown office building are getting new building systems as well as apartments.
Project Labor Agreement Cost Study Prompts Healey Admin. Rebuttal
A conservative-leaning think tank released a report that argues project labor agreements ratchet up construction costs and could possibly carry implications for replacing the Cape Cod bridges.
Boston-Area Home Prices See Slight Uptick
Greater Boston single-family home prices saw a slight increase in August, according to a new report from Redfin.
Personnel File – No. 458
From new VPs to fresh project managers, see who’s been hired, promoted and honored in the Massachusetts real estate and banking industries.
Mismatched Priorities Extend Lab Market Woes
Commercial landlords’ business model and small biotech companies’ needs are at odds, throwing obstacles in the paths of filling empty lab buildings and form the next generation of industry giants, alike.
Growing the Workforce by Growing Others’ Businesses
Joe Rettman and NEI General Contracting are helping subcontractors grow in their bid to relieve the pressure on the Massachusetts’ construction labor market.
Why Did the State’s Top Tax Official Ignore Boston’s Tax Mess?
What’s up with state Commissioner of Revenue Geoffrey Snyder? Why won’t he look into Boston’s admission that it hiked taxes on 150 struggling commercial buildings?
