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Issue of October 1, 2007

Suffolk University wants to create dormitories on the upper floors of Boston’s Modern Theatre. BRA Expected to Approve Suffolk’s Plan for Theater By Thomas Grillo The Boston Redevelopment Authority on Wednesday is expected to approve Suffolk University’s bid to restore the Modern Theatre in the city’s Downtown Crossing area and turn the upper floors into dormitories. Baseball Team Making Pitch For Another Site in Fenway By Thomas Grillo The Boston Red Sox want to add another property to their lineup around Fenway Park. Southeastern Region Hit Harder by Slump By Aglaia Pikounis The housing slump has thumped southeastern Massachusetts particularly hard. FHA Loan Backing Moves to Front of Pack By Amy Wyeth As problems in the subprime mortgage market continue, Federal Housing Administration-backed loans are rapidly emerging as the most viable alternative for increasingly risk-averse lenders and borrowers with shrinking options.		Industry Officials Not Sold On Bill for Mortgage Crisis By Amy Wyeth A hearing was held at the State House last Wednesday to discuss legislation Gov. Deval Patrick filed in an effort to fix Massachusetts’ burgeoning mortgage crisis. No Gas Tax Increase Planned; State Placing Bet on Casinos By Thomas Grillo Read his lips: no increase in the gas tax. Appeals Committee to Mull Age Restriction Lift Request By Aglaia Pikounis The Massachusetts Housing Appeals Committee is considering a developer’s request to lift the age restriction at a 71-unit apartment complex in Hanover.

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