Communication Mess Mires Condo Project
By Thomas Grillo
He said, she said. Boston’s planning agency maintains the developer of a controversial 5-story condominium development in Boston’s North End is expected to revise the project. But the builder says he is not contemplating any changes.
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Banks Bond In Brockton Loan Program
By Amy Wyeth
Eight South Shore lenders, normally competitors, are joining forces in a venture backed by the city of Brockton aimed at reducing the number of foreclosed and abandoned properties in the community.
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Worcester Court Bars “TD Commerce Bank” Name Change
Worcester-based Commerce Bank & Trust has obtained a preliminary injunction from the U.S. District Court in Worcester prohibiting Toronto-based TD Bank Financial Group, TD Banknorth and other out-of-state banks from doing business in Massachusetts under the name “TD Commerce Bank.”
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Citi, State Street to Sell CitiStreet for $900M
Citigroup and State Street Corp. today announced that they have entered into a definitive agreement to sell Quincy-based CitiStreet, a benefits servicing business, to ING Group in an all-cash transaction valued at $900 million.
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Jerry Remy Plans Sports Bar in Fenway
By Thomas Grillo
Boston Red Sox fans could have another place to eat around the park. Jerry Remy, the colorful analyst for New England Sports Network and president of Red Sox Nation, plans to open a steakhouse in the shadow of Fenway Park.
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March Home Prices Fall Most Since Early-90s
The median price of single-family homes in Massachusetts fell more than 10 percent in March, the second-steepest price drop since The Warren Group, Banker & Tradesman’s parent company, began recording prices in 1987.
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