Bay State Savings Bank employees participated in National Wear Red Day on Feb. 5 to support “Go Red for Women,” a program of the American Heart Association.

Community Good Works

Country Bank, Northern Bank & Trust, Webster Five and more are featured in our weekly roundup of organizations giving back to their communities.   Bay State Savings Bank Bay State Savings Bank employees raised $300 for the American Heart Association’s campaign, Go Red for Women.   Berksh...

13-146-083

NB Development Refinances Debt On Boston Landing Buildings

NB Development Group has refinanced its debt on two buildings within the 15-acre Boston Landing mixed-use development in Brighton. Wells Fargo provided 10-year financing for 15 and 20 Guest St., which contain a combined 359,000 square feet of commercial space. The 228,901-square-foot former New Bala...

Garden Garage tower

44-Story Apartment Tower To Replace Garden Garage

Boston officials approved a controversial proposal by Equity Residential to build 470 apartments on the site of the 650-space Garden Garage in the West End. The 44-story tower at 35 Lomasney Way will become the city’s second-tallest apartment building, trailing the 45-story Government Center gara...

Hotel Tria

Philadelphia Company Acquires Alewife Hotel, Plans Upgrades

KW Development LLC has sold its 121-room Best Western Plus Hotel on Alewife Brook Parkway in Cambridge’s Alewife neighborhood to Philadelphia-based HHM Hospitality. The purchase price was $29.8 million. The 4-story hotel was redeveloped and expanded in 2009 and currently contains Hotel Tria Bar 22...

Methuen Robber

Methuen Bank Robbery Suspect Surrenders Following Chase

Methuen Police on Tuesday arrested a man allegedly involved in multiple bank robberies. On Wednesday, Feb. 3, Joshua Pittochelli of Methuen allegedly robbed a bank in Lawrence, and was seen leaving in blue Toyota RAV4. On Sunday, Feb. 7, a man robbed the Citizen’s Bank at the Stop & Shop sup...


MassHousing Grants $150K Toward Affordable Sober Housing

MassHousing has awarded $150,000 to rehabilitate and preserve 68 units of affordable sober housing for women in Lynn and Worcester. The grants come from the Center for Community Recovery Innovations Inc. (CCRI), a nonprofit subsidiary corporation of MassHousing that supports other nonprofits that create or preserve affordable sober housing in Massa...

Medical Building In Dedham Sells For $6.45M

A Dedham medical office building has sold for $6.45 million. Dedham MOB, an entity controlled by Whelan Assoc., recently purchased the 22,399 square-foot building at 910 Washington St. near Legacy Place. The two-story offices were built in 2012 and are designed to promote energy efficiency and environmental sustainability. Vision Realty Dedham LLC ...

MBTA

MBTA Biz Ops Changes Spur Backlash From Union

The MBTA’s plans for a dramatic reduction in its business-side workforce through outsourcing of cash handling and fare gates generated a forceful rebuttal from transit unions at a Wednesday meeting. “A big part of this is to improve performance,” Chief Administrator Brian Shortsleeve told reporters. He said there are 165 employees in the T’...


 

LATEST BLOGS

Laura Alix

Weighted Assets

A Conversation With Webster

A few weeks ago, I had the chance to talk by phone with three of Webster Bank’s leadership team about the Waterbury, Connecticut bank’s upcoming move into Boston. I was talking to them for article...

Scott Van Voorhis

Commercial Interests

Tax Bills On The Rise

Sky-high tax bills are shaping up as a major downside of all those soaring Boston tower prices, which have been shattering records right and left. The taxman is hardly haunting the dreams of all the d...