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| This artist’s rendering shows The Residences at 50 West Broadway in South Boston, which broke ground last week. |
Slow Condominium Market Speeds South Boston Rentals
By Thomas Grillo
Timing is everything. When home sales started to fall, Boston developer John Brennan abandoned his proposal to build condominiums at the former Cardinal Cushing High School in South Boston.
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Industry Takes Stock of New Data Breach
By Jeff Haynes
A backup tape containing Social Security numbers and account information belonging to potentially thousands of customers and investors in People’s United Bank, a Connecticut institution with a large subsidiary presence in Massachusetts, has been lost.
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Economy Stands To Lose 83,000 Jobs
By Jeff Haynes
Certain sectors of the New England economy stand to lose 83,000 jobs over the next five years, largely due to the crashing housing market.
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Foreclosure Deeds Reach Record Level In April
Massachusetts foreclosure deeds soared to their highest recorded level in April, according to The Warren Group, Banker & Tradesman’s parent company. The number of deeds so far this year outpaced those in the first four months of 2005 by 1,165 percent.
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Eastern Insurance To Buy Marshfield's Anderson Agency
Eastern Insurance Group plans to acquire Marshfield-based Anderson Insurance Services, an independent agency specializing in musical instrument insurance along with auto, life, home, boat, annuities and business insurance.
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NAR, DOJ Reach Settlement Over MLS Listings
The National Association of Realtors has reached a settlement with the U.S. Department of Justice over a dispute on how listings from multiple listing services are displayed on brokers’ virtual office Web (VOW) sites. As part of the settlement, NAR did not admit any liability or wrongdoing and will not pay any fines.
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