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Issue of April 14, 2008 |     |
Wish Un-grantedSo close. After more than a decade of planning, it looked like Boston’s Columbus Center was finally ready to break ground. Opposition was overcome, permits issued and financing secured – or so we thought. Really Green Monster Fenway Park’s venerable Green Monster, long a symbol of “America’s Most Beloved Ballpark,” could soon become a symbol of the city of Boston itself. Affordable Housing Law Encourages Town Development By Lee Dellicker Nothing seems to strike fear in the hearts of local planning officials more than the term 40B. Any community with less than 10 percent of its housing stock classified as affordable is vulnerable to 40B. Many believe they will lose control over what happens within their town as developers run roughshod over their zoning bylaws. Abutters of proposed 40B developments are no less frightened and begin immediate hand-wringing, drawing on fears of overcrowded schools, rising crime rates, vagrancy and all manner of social ills. Risks Abound With Collateral Backing Fed’s Bear Stearns’ Loan By Rachel Beck While the rest of the marketplace sees mortgage-backed securities as radioactive, Ben Bernanke doesn’t – at least when taxpayers’ money is at stake. Downtown Boston Gets a Facelift By William P. Barrack The Boston office market is seeing its greatest influx of capital improvement dollars in years. Check & Balance Banker & Tradesman's political cartoon. |
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