Multifamily Development Feels the Inflation Pinch

The recent surge in inflation is starting to effect construction of multifamily housing in Massachusetts, forcing some developers to put projects on hold or revamp their financial assumptions amid skyrocketing materials and labor costs.

Home Ownership Push Proves Easier Said than Done

Roy Avellaneda, president of the Chelsea City Council, thought his idea was pretty straightforward: Impose a five-year moratorium on construction of new rental properties in the city to give councilors time to re-write zoning laws to promote home ownership.

MGM Has Put Springfield Back on the Map

It’s pretty clear MGM’s nearly $1 billion casino is not living up to boosters’ expectations. But the massive gambling and entertainment complex has still put one of the state’s poorest cities, back in the game.