Wu’s Speech Raises Many Questions
Jan 29, 2023 | Reprints
Some ideas Mayor Michelle Wu pitched in her State of the City speech could help make up for planned hikes in development fees. But her proposals will take time to implement, something Boston doesn't have. It's time the mayor invites industry into the affordability conversation to help find immediate...
A New Addition to Worcester’s Canal District
By Ruthie Kuhlman | Special to Banker & Tradesman | Jan 29, 2023 | Reprints | Unlock Link 
AKROS Development’s 105-unit multifamily project at 102 Temple St. in Worcester will include a pocket park, retail space and outdoor seating while buffering the Canal District from Interstate 290....
Banks Face Talent Development Struggles
By Diane McLaughlin | Banker & Tradesman Staff | Jan 29, 2023 | Reprints | Unlock Link
Staffing remains a key priority for community banks and credit unions heading into 2023, and the industry’s ongoing digital transformation and economic uncertainties have started to change how financial institutions look at staffing needs, according to industry experts....
Hot Property: Stony Brook Office Park
By Steve Adams | Banker & Tradesman Staff | Jan 29, 2023 | Reprints
Four tenants signed recent leases for lab and R&D space at a Waltham office park that was recently updated to accommodate life science and research uses. ...
Let’s Fix Massachusetts’ Flawed Affordable Housing Formula
By Rep. Andy Vargas | Special to Banker & Tradesman | Jan 29, 2023 | Reprints
An online dashboard that tracks up-to-date totals of income-restricted units in each community would provide a more accurate picture of Massachusetts’ housing market...
MassDevelopment Banks on Gateway Cities
By Tania Hartford | Special to Banker & Tradesman | Jan 29, 2023 | Reprints | Unlock Link
As MassDevelopment looks to more aggressively embrace and utilize our land banking authority across Massachusetts for the benefit of residents and businesses, recent projects in Gateway Cities demonstrate our ability to reposition challenging properties....
Remote Work Has Made Relationships with Colleagues Harder
By Mark A. Clark and Meredith Persily | Special to Banker & Tradesman | Jan 29, 2023 | Reprints | Unlock Link
Having good relationships with colleagues is key to building a rewarding and effective work experience. To succeed today, both employees and leaders must understand what each group is seeking to achieve and how they can benefit from the changing workplace. ...
Amid Recent Boom, Gateway Cities Offer Development Potential
By Bryan Vitale | Special to Banker & Tradesman | Jan 29, 2023 | Reprints
Over the course of the past decade, as pricing has increased throughout Greater Boston, developers have turned their attention to Massachusetts’ Gateway Cities and their wealth of developable land as well as redevelopment opportunities. And our increasingly hybrid world has made these sites even m...
Seeking Stabilization in Revere’s Shirley Ave. Corridor
By Steve Adams | Banker & Tradesman Staff | Jan 29, 2023 | Reprints | Unlock Link
After beginning her career as a landscape architect in St. Louis, Laura Christopher is focusing on a different type of Gateway City in her new role for MassDevelopment’s transformative development initiative....
How the Healey Administration May Confront the Housing Crisis
By Greg Vasil | Special to Banker & Tradesman | Jan 29, 2023 | Reprints | Unlock Link
Gov. Maura Healey understands the serious, long-term threats the housing crisis poses to Massachusetts. But as she looks to go even further than her current pledges, there are three policy ideas that will make the crisis worse, and which she should avoid....
Letter to the Editor: Keep Rent Control Buried in the Cemetery of Failed Ideas
Jan 29, 2023 | Reprints
Sadly, the proponents of rent control insist upon unearthing a long-buried corpse, only to put lipstick on it in the name of “innovation.”...
Three Ideas to Boost Gateway Cities’ Housing Production
By Benjamin Forman | Special to Banker & Tradesman | Jan 29, 2023 | Reprints
Myopically focusing on restrictive suburban zoning distracts from an equally pressing problem – the lack of residential investment in Gateway Cities over the last 10 years thanks to inflexible zoning and uncertainty about availability of state incentives....
From Disaster Comes Opportunity in the Merrimack Valley
By Scott Maenpaa | Special to Banker & Tradesman | Jan 28, 2023 | Reprints | Unlock Link
Adapting an idle building into housing, commercial space or a community center maximizes the value of an existing asset, reduces carbon emissions and can effectively help address the shortage of affordable housing. ...
Economic Disruptions Threaten Financing for Salem Wind Project
By Christopher R. Vaccaro | Special To Banker & Tradesman | Jan 28, 2023 | Reprints | Unlock Link
A major industrial investment in a Gateway City north of Boston could come undone thanks to economic disruptions and a dispute between a major multinational company and state power regulators....
Buyers: Know Your Share
By Lew Sichelman | Special to Banker & Tradesman | Jan 28, 2023 | Reprints
Many of the nation’s largest real estate firms still do not publish the share of the commission paid to agents who work with homebuyers, leaving buyers to fend for themselves....
