Industry News
The Shadowy Think Tank Fighting Boston City Hall
The Boston Policy Institute says its goal is to shine a light on city development policy and other top issues. But its refusal to make public its sources of funding – and the not altogether happy history one of its founders shares with Mayor Michelle Wu – has prompted whispers of grudge-settling.
Healey, Wu Will Attend Vatican Climate Conference
Healey will discuss “governing in the age of climate change” and Wu will talk about “governance, health and energy.”
Greater Boston Luxury Listings on the Rise
Numbers of new listings at the very high end of the Greater Boston home-sale market are on the rise, even as sales totals lagged in the market’s traditional downtown-area core in the first quarter.
With Banks Pulling Back, Who’s Financing Office Deals?
Behind the scenes of Boston’s troubled office market, landlords and lenders are seeking ways to restructure their existing debt, keep control of properties and avoid foreclosure.
MAR to Push for Transfer Tax Alternatives on Beacon Hill
In less than two months, hundreds of Realtors from across the commonwealth will gather under the gold dome of the Massachusetts State House. Here’s what we’ll be calling for.
Hot Property: The Davis Cos. Headquarters
Boston-based developer Davis Cos. hired architects Fogarty Finger to redesign its longtime headquarters overlooking the Rose Kennedy Greenway in the firm’s first project in Boston.
Boston’s Luxury Condo Market Still Cold
Red hot for years, has the Boston luxury condo market finally lost its sizzle? It looks like it – and developers’ ability to offer cash back at closing could be keeping prices from coming down.
How to Get a One-of-a-Kind Home, The Easy Way
Even though I live in a custom-designed house, I don’t recommend designing your own place from scratch. It’s not for everyone.
Looking Forward Will Maximize MBTA Communities Law’s Impact
With nearly every community complying, there’s still work to be done to make sure new zoning translates to new homes.
Does ‘Virtue Signaling’ Pay Off for Entrepreneurs?
Our research suggests consumers view a little bit of virtue language as reasonable and trustworthy. Higher levels of virtue signaling, however, can come across as dishonest.
Suffolk Downs Announces Rents at First Building
The first building at the 16 million-square-foot Suffolk Downs redevelopment is nearing completion and has begun marketing 475 apartments for occupancy in June.
Remodeling Forecast Says Spending Will Decline This Year
The latest forecast from Harvard University’s Joint Center for Housing predicts that a slump in Americans’ remodeling spending may be in store this year.
GSIR, Cronin Group Settle Lawsuit
One of Boston’s prominent luxury brokerages and the developer behind a new Seaport District condominium tower have buried the hatchet in a dispute over allegedly unpaid sales commissions.
BPDA Hits Winthrop Center Over Public Access Promises
The Boston Planning & Development Agency ordered developer MP Boston to open the centerpiece public amenity of its $1.3 billion Winthrop Center skyscraper on weekends to comply with an agreement with the city.
Transportation Secretary Gives ‘Unfiltered’ Take on Challenges
Using frank language rarely heard on Beacon Hill, Tibbits-Nutt weighed in on a series of major policy issues, from raising more money for transportation, to traffic enforcement and a major unresolved design question for the MBTA’s in-planning West Station.
Citizens Reports Private Bank Deposits Up $1.2B in Q1
Citizens Financial Group’s move to seize market share among the Northeast’s rich is gathering pace, executives said during the bank’s first-quarter earnings call Wednesday.
Fallon Co. Gets OK for Development Next to New NFL Stadium
The developer of Boston’s Fan Pier is set to begin another signature project transforming an urban waterfront.
Beige Book Casts Bright Light on Mass. Tourism
A recent survey of banking and business contacts around New England found tourism to be a bright spot in the regional economy, one with a “very bullish” outlook for the remainder of 2024.
Arup Exec Named Boston Climate Chief
Brian Swett is returning to Boston City Hall after a nine-year stint in the private sector to lead the city’s climate change and decarbonization policies.
Mass. Home Prices Kept Rising in March
Year-to-date, there have been 3,482 condo sales, a 6.2 percent decrease from the first three months of 2023 with a median sale price of $520,000, an 8.3 percent increase on the same basis.
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