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 Issue of February 4, 2008 
   
This preliminary rendering depicts the 9-story research laboratory, Longwood Center, which has been proposed for the Longwood Medical Area in Boston.


Developer Prescribes a Cure For What Ails Medical Area
By Thomas Grillo
A Newton-based developer has unveiled plans for a 9-story research laboratory in Boston’s Longwood Medical Area (LMA).



Town Misses Pointe In Battle for the Ages
By Aglaia Pikounis
A state housing board has backed a developer’s request to lift the age restriction at an apartment complex in Hanover.



Mixed Results Expected for GSE Changes
By Amy Wyeth
Changes under way at Fannie Mae and Freddie Mac inspired by the housing market decline will have a mixed effect on the Bay State, local lenders and advocates say, helping borrowers with better credit but hindering those who want to buy in lower-income areas.



Hotel Plan Critics Speak Out; Mayor Vows to Back Proposal
By Thomas Grillo
The Church of Scientology wants to transform an abandoned Roxbury hotel into the organization’s Boston headquarters, but some neighbors are raising questions.



Hub Cities Place in Top Five On Costly Rental Market List
By Aglaia Pikounis
Boston and Cambridge rank as the fourth and fifth most expensive rental markets in the country, making them unaffordable for many area workers, according to a new study.



AG Reports Loan Servicers Doing More but Problems Growing
Attorney General Martha Coakley has released the findings of a report prepared by the State Foreclosure Prevention Working Group, which includes data on loss-mitigation efforts by 13 major residential mortgage servicers.



Menino Calls for Tower Compromise
By Thomas Grillo
Boston Mayor Thomas M. Menino wants the two sides debating over a proposed 19-story office tower for the city’s Prudential Center to settle their differences.



Opening Arguments Heard in Affordable Housing Case
By Aglaia Pikounis
The state’s highest court will decide when communities can say no to affordable housing.



Lenders File 55 Percent More Petitions to Foreclose
By Amy Wyeth
Lenders initiated 29,607 petitions to foreclose on Massachusetts properties in 2007, or 55 percent more than the 19,112 filed in Land Court the year before, according to new statistics from The Warren Group, parent company of Banker & Tradesman.



Coakley: Subprime ‘Avalanche’ Could Have Been Prevented
By Amy Wyeth
The chance to hear Massachusetts Attorney General Martha Coakley discuss her first year in office drew a crowd of more than 300, including a handful of local bankers, to a Greater Boston Chamber of Commerce breakfast in Boston on Tuesday morning.




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