Peter_Howe

Stantec Agrees To Acquire Fay, Spofford & Thorndike

Stantec Inc. has reached agreement to acquire Fay, Spofford & Thorndike, a 100-year-old engineering firm based in Burlington. FST employs 280 people in nine offices from New York to Maine. It has worked on such recent projects as design of the I-93/I-95 Interchange in Canton for MassDOT, design ...

HarborOne Bank recently donated $1,000 to the South Shore Conservancy’s ImagineARTS program. Members of the South Shore Conservatory Community and ImagineArts program were special guests of HarborOne at a Brockton Rox baseball game in early August.

Community Good Works

BankGloucester, Coldwell Banker Residential Brokerage, RTN Federal Credit Union and more are featured in our weekly roundup of organizations giving back to their communities.   BankGloucester BankGloucester will donate $20,000 to local organizations as part of its annual Banking for the Communi...

Long Wharf

Court Denies Restaurant At Long Wharf Pavilion

A federal judge’s ruling barring a restaurant on Boston’s Long Wharf has raised new questions about the legality of commercial uses at the popular tourist attraction. The National Park Service argued in a lawsuit that the pavilion is limited to outdoor public recreation uses because the Boston R...

Cummaquid Golf

Acella’s Completed $4.5M Yarmouth Port Golf Club Unveiled

Acella Construction Corp. recently completed a new clubhouse for Cummaquid Golf Club in Yarmouth Port worth $4.5 million. The 14,200-square-foot project includes a formal dining room overlooking the golf course, grill-style lounge and restaurant, locker rooms, pro shop, 70-foot covered porch for out...

13 Elm St., Manchester

Henrick Lutts Realty Arranges $3.14M In Sales Via IFS Funds

Herrick Lutts Realty Partners of Beverly teamed up with the Rowley-based Institution For Savings (IFS) to complete two recent sales. Herrick Lutts arranged the sales whiles the IFS provided the financing. In the first transaction, River Morgan Properties LLC and 29-31 Woodbury Street LLC, both manag...


Two Fed Officials Pressing For Rate Hikes Unfazed By Market Volatility

Two top Federal Reserve officials who have pressed for interest rate hikes said on Friday that a spate of violent swings in financial markets won’t knock the U.S. economy off its feet. “The U.S. outlook still looks very good,” St. Louis Fed President James Bullard told Bloomberg in an interview from Jackson Hole, Wyoming, where central bank...

CU Association Adds Comments To NCUA’s MBL Proposal

The Cooperative Credit Union Association is speaking up on the industry regulator’s recent member business lending proposal. The association said it aims to cover a range of topics, including expressing support for the distinction between “commercial loans” for purposes of safety and soundness and “MBLs” for purposes of th...

Bloomberg: Fidelity Investments Considers Dropping Amex, Bofa As Partners

Mutual fund provider Fidelity Investments is considering dropping American Express Co. and Bank of America Corp. to find new partners and better terms, Bloomberg reported, citing people familiar with the matter. Visa Inc. and MasterCard Inc. are in talks with Fidelity to replace AmEx, Bloomberg cited the sources as saying. Warehouse club ret...

Former Medical Office Manager Gets Jailtime For Embezzling $1.5M From Employer

A former office manager of Northampton Internal Medical Associates (NIMA) was sentenced to prison yesterday in U.S. District Court in Springfield for embezzling more than $1.5 million. Roxanne Tubolino, of Belchertown, was sentenced to 39 months in prison, 36 months of supervised release and was ordered to pay restitution of $1,342,256 to NIMA, $25...

Urban Entrepreneurs Premier Possible City Snow Solution At Eastern Bank

Art and entrepreneurship converged at Eastern Bank’s Franklin Street office yesterday for the “Bearing Witness” event. The event featured the work done by a handful of Boston-area youths this summer with the help of the Media Leadership Institute (MLI), which had the students produce short films and even tackle Boston’s infamous snow proble...


 

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Commercial Interests

Too Much, Too Soon

Let’s call the frothy market for downtown Boston skyscrapers what it is: A bubble. Yet the big question is not whether office tower prices are getting loopy again – they are. Rather, why prices a...