New Owner Extends Affordability After Ayer Acquisition
A Braintree developer acquired a 37-building apartment community in Ayer following a campaign by tenant activists fighting rent increases.
A Braintree developer acquired a 37-building apartment community in Ayer following a campaign by tenant activists fighting rent increases.
Local officials and economic development specialists say underutilized office buildings and neglected parcels in the heart of downtown present a compelling opportunity for housing conversions and new construction.
Officials want to attract more life science and advanced manufacturing firms to the Route 3 North area to shore up tax bases, but developers are pushing housing.
Lawrence isn’t exactly known for generating positive headlines. But Arthur Sullivan, co-founder of Brady Sullivan Properties, and Sal Lupoli, head of the Lupoli Cos., are doubling down on the hardscrabble gateway city along the Merrimack River.