Commercial Interests

A Banker & Tradesman Blog

A World Without OSHA

A World Without OSHA

Workplace safety watchdog OSHA has long been the federal agency that businesspeople have loved to gripe about, especially in the construction business.

Millennium’s Shadow Problem

Millennium’s Shadow Problem

It’s time to say good riddance to the state’s silly shadow law.
The aim of a pair of arcane and quixotic 1990 statutes – technically two separate laws, one for Boston Common, the other for the Public Garden – are to protect the crown jewels of the city’s park system from the shadows that would be cast by new towers.

Area Colleges’ Credit Ratings Downgraded

Area Colleges’ Credit Ratings Downgraded

What with all the opulent new dorms and hefty presidential pay packages, the ivory towers of Massachusetts’ higher education world would seem to be doing just dandy. But in fact, while they are hardly in danger of going broke, these are actually challenging times for the area’s colleges and universities.

Brookline Bucks Apartment Towers

Brookline Bucks Apartment Towers

You’d think Las Vegas billionaire Steve Wynn wanted to level Coolidge Corner and install a giant casino from the overwrought letters and comments that have lately poured into the local papers from some of Brookline’s leading citizens.

Lessons Learned From Foreclosure Crisis

Lessons Learned From Foreclosure Crisis

Economic inequality is one of President Barack Obama’s favorite subjects to opine about. But the Obama Administration’s lame and limp-as-wilted-lettuce approach to righting the wrongs of a messed-up housing market

Too Many High-End Homes

Too Many High-End Homes

Fresh off the presses, here’s more evidence of just how screwed up Greater Boston’s housing market has become.
While middle-class buyers battle it out over $400,000 “starter homes,” some of Boston’s area’s toniest suburbs are suddenly awash with a surfeit of $2 million-and-up listings.

Endless Variations Of The Same Sad Song

Endless Variations Of The Same Sad Song

The Bay State may be enjoying an historic building boom, but man, there are still some real turkeys out there. From towers that never seem to get a shovel in the ground to half-empty film studios built in hopes of turning Massachusetts into Hollywood East, we seem to always attract

Simon’s Retreat Doesn’t Herald Condo Market Collapse

Simon’s Retreat Doesn’t Herald Condo Market Collapse

Are luxury condominium prices in Boston finally peaking? Or are they poised to take another big leap? Beats me. But I’d much rather be Millennium Partners, with hundreds of millions in the bank from sales at its new Downtown Crossing tower, than Dick Friedman, who is still two years away from delivering his luxurious 61-story Four Seasons tower.

California Looks To Bay State For Affordable Housing Inspiration

California Looks To Bay State For Affordable Housing Inspiration

There’s nothing NIMBY blowhards hate more than our state’s affordable housing law. Our hometown housing bigots just love to fume and fulminate about the evils of 40B, which enables developers to circumvent obstructionist local zoning in order to build sorely needed affordable apartments and condominiums.

Imagine A World With Trump Boston

Imagine A World With Trump Boston

Donald Trump has found a new target for his wrath, blasting Massachusetts casino regulators as “crooked bums” who are “hugely stupid” and “clearly unable to understand my incredible, incredible genius” for pulling his license to do business in the state.

UMass Boston In Midst Of Overdue Renovations

UMass Boston In Midst Of Overdue Renovations

Bribes and kickbacks. That’s just how public construction projects were divvied up in Massachusetts until the blockbuster Ward Commission report blew the lid off in 1980. And exhibit No. 1 was the bidding and construction of UMass Boston’s harbor campus