Cambridge Overlay Off to Fast Start
By Steve Adams | Banker & Tradesman Staff | Jun 13, 2021 | Reprints | Unlock Link 
Developers seeking predictable approvals and diminished threat of drawn-out legal challenges are eager to tap into Cambridge’s new zoning designed to encourage 100 percent affordable projects.
From Headmaster to Head of $2B Bank
By Diane McLaughlin | Banker & Tradesman Staff | Jun 13, 2021 | Reprints | Unlock Link
When Michael Welch became CEO of UniBank, he had no banking experience. Two years later, the lender has now crossed the $2 billion threshold in assets and is eyeing continued growth.
Boston’s Luxury Condos Have Hit Their Limit
By Scott Van Voorhis | Banker & Tradesman Columnist | Jun 13, 2021 | Reprints | Unlock Link
Despite its bumper crop of new luxury condominium towers, Boston won’t be joining the gilded world of $100 million penthouses anytime soon. The mixed results of sales of several luxurious penthouses points to a price ceiling of sorts.
API Backers Promise Transformed Banking
By Diane McLaughlin | Banker & Tradesman Staff | Jun 13, 2021 | Reprints | Unlock Link
Open banking took a major step closer to becoming the standard for many community banks last month. Backers say it offers community banks a cheaper and more secure way to integrate fintech tools into their service packages.
Is It Time to Stop Writing Buyer Love Letters?
By Bernice Ross | Special To Banker & Tradesman | Jun 13, 2021 | Reprints | Unlock Link
A number of agents in recent months have become adamant that we should all stop our buyers from writing “love letters” to sellers because these letters often violate fair housing laws. I strongly disagree.
Banker & Tradesman’s Editorial Cartoon: Don’t Tread on Me
By Peter Paul Payack | Banker & Tradesman Cartoonist | Jun 13, 2021 | Reprints | Unlock Link
Some of Massachusetts’ wealthiest residents are protesting a proposal to add a surtax on any income a resident earns over $1 million.
New Refi Options for Seniors, Low-Income Homeowners
Seniors trying to figure out how to cash in on their home equity without having to leave their houses now have another choice. So do low-income borrowers who’ve yet to refinance their government-owned loans.
Hot Property: 1180 Boylston
By Steve Adams | Banker & Tradesman Staff | Jun 13, 2021 | Reprints | Unlock Link
Nauset Construction has begun foundation work following demolition work at a former gas station property for redevelopment into 50 age-restricted apartments and 6,500 square feet of retail space.
Lesson from the Pandemic: Broadband Is Infrastructure
By Susan Gittelman | Special To Banker & Tradesman | Jun 13, 2021 | Reprints | Unlock Link
The pandemic has laid bare the extent of the digital divide that exists – reliable broadband access is essential to modern work and life. And finally, legislation proposed by both parties recognizes it.
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