100 Meadow Rd.

Warehouse Vacancies Hit Another Low

Demand for industrial real estate remained strong in the first quarter with large transactions filling up warehouse and flex space in eastern Massachusetts. The market has seven straight quarters of positive absorption, according to Transwestern RBJ’s IndSTATus report released this week, including...

Watertown Businessman Awaits Sentencing For Tax, Insurance Fraud

A Watertown business owner pleaded guilty yesterday in connection with a scheme to evade taxes and workers’ compensation insurance premiums by paying employees under the table for their work. Richard Moxley pleaded guilty one count of tax evasion and one count of mail fraud. Moxley owned and opera...

A team of Charles River Bank student tellers attended the Federal Reserve Bank of Boston for the Massachusetts School Bank Association Annual Spring Conference.

Community Good Works

Charles River Bank, Country Bank, Northern Bank & Trust and more are featured in our weekly roundup of organizations giving back to their communities.   Charles River Bank A team of Charles River Bank student tellers attended the Federal Reserve Bank of Boston for the Massachusetts School Bank ...

Wolverine_10CityPoint

Boston Properties: Suburban Tenant Demand Accelerating

Boston Properties expects to break ground soon on commercial developments in Cambridge and Waltham based upon strong tenant interest in its pre-approved sites. As it nears completion of the 245,000-square-foot 10 CityPoint in Waltham, including the new headquarters for Sperry and Stride-Rite parent ...

MassStateHouse

House Unanimously Approves $39.56B Budget

The Massachusetts House passed a $39.56 billion fiscal 2017 budget Wednesday afternoon, shipping its spending plan to the Senate which plans in May to debate its vision of what state spending should look like beginning July 1. The budget was approved after two-plus days of deliberations marked by li...


AG Cites 29 Construction Companies For Wage Violations In Q1

Attorney General Maura Healey has issued 29 civil citations against construction companies from January 2016 through March 2016 for wage theft. This is an increase from the previous two quarters. Restitution for employees of the various employers totaled nearly $260,000 and the companies were fined a total of more than $68,000. “Wage theft is a...

CFPB To Fast-Track Revisions To TRID Rule

In response to feedback from real estate trade groups, Consumer Fraud Protection Bureau (CFPB) director Richard Cordray announced yesterday that the agency would revise its “Know Before You Owe” rule to simplify and clarify it. The rule is currently more than 1,600 pages long. “MBA is very pleased with CFPB’s letter and believes the approac...

Former Agawam Police Academy Will House Vets Following Redevelopment

Citizens Bank’s Community Development Lending Group yesterday announced a $10 million financing package for Soldier On Inc. Soldier On, a nonprofit that provides social services and transitional and permanent housing for veterans, will use the construction financing to repurpose a former policy academy in Agawam as an affordable housing developme...

Unibank Doubles Presence In Sutton

UniBank has opened a second branch in Sutton, bringing its total to 13 locations. The newest branch is at 29 Galaxy Pass in the Pleasant Valley Crossing plaza in Sutton. The existing Sutton branch is located across the street at 156 Providence Turnpike. The branch features a community room that can be reserved for use...


 

LATEST BLOGS

88 North Washington St.

Total Absorption

A Skinny Hotel Plan Surfaces

If a seven-space parking lot on the fringes of the North End doesn’t sound like a hotel development site, then you haven’t been paying close attention to Boston’s seemingly inexhaustible commerc...