Owners Want to Redevelop Cambridge’s Middle East Nightclub
By Steve Adams | Banker & Tradesman Staff | Jan 24, 2020 | Reprints | Unlock Link 
The Middle East nightclub property that’s been a focal point of the live music scene in Cambridge’s Central Square since the 1980s is on the market as the owners seek redevelopment opportunities.
Smith to Retire as Webster Chairman, Succeded by Ciulla
By Diane McLaughlin | Banker & Tradesman Staff | Jan 24, 2020 | Reprints | Unlock Link
After more than four decades at the institution founded by his father, former Webster Bank CEO and current Chairman James Smith will retire in April.
Bill Would Require Carbon Pricing for Commercial Buildings by 2025
By State House News Service | Jan 24, 2020 | Reprints | Unlock Link
The Massachusetts Senate next week plans to take up a far-reaching package of climate bills whose major components include carbon-pricing mechanisms for transportation, homes and commercial buildings.
OCC: Ex-Wells Fargo CEO Barred from Working in Banking Again
By The Associated Press | Jan 24, 2020 | Reprints | Unlock Link
Federal regulators have slapped former Wells Fargo Chief Executive John Stumpf with a $17.5 million fine for his role in the bank’s sales practices scandal. Stumpf also accepted a lifetime ban from the banking industry.
Community Good Works
Jan 24, 2020 | Reprints | Unlock Link
Members of the building trades, the banking industry and the real estate industry donated their time and money in ways big and small to their communities recently.
Savarese Appointed President of Fed’s CDIAC
By Diane McLaughlin | Banker & Tradesman Staff | Jan 24, 2020 | Reprints | Unlock Link
Dorothy Savarese, hair and CEO of Cape Cod 5, has been appointed by the Federal Reserve Board to serve as president of the Community Depository Institutions Advisory Council (CDIAC) for 2020.
Cambridge Crossing Gets $434M in Financing
Jan 24, 2020 | Reprints | Unlock Link
Developer DivcoWest has received $433.8 million in construction financing for a pair of new buildings at Cambridge Crossing, including a 479,000-square-foot speculative office, lab and retail building on parcel EF.
Uber, Lyft Rip Baker Plan to Jack Up Fees
By State House News Service | Jan 24, 2020 | Reprints | Unlock Link
Gov. Charlie Baker won praise from Democratic lawmakers for targeting ride-hailing companies as a source for new MBTA funding, but the idea riled the services themselves.
Newton Corner Office-Retail Property Refinanced
Jan 23, 2020 | Reprints | Unlock Link
A Newton Corner office building and home to one of Greater Boston’s top-rated buffalo wing joints has obtained $13 million in refinancing from Eastern Bank.
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