Boston City Council OKs Petition for 2 Percent Real Estate Transfer Tax
By James Sanna | Dec 11, 2019 | Reprints | Unlock Link 
The Boston City Council voted 10-3 Wednesday afternoon to ask the state legislature for permission to establish a transfer tax on real estate sales over $2 million to support affordable housing construction.
Boston Developer Buys Harbour Pointe Portfolio in Chelsea for $71M
By Steve Adams | Banker & Tradesman Staff | Dec 11, 2019 | Reprints | Unlock Link
Boston-based North Colony Asset Management has acquired the Harbour Pointe portfolio, a group of commercial properties near the Kayem Foods factory in Chelsea for $71 million.
Alewife Lab Building Sold for $332.5M
By Steve Adams | Banker & Tradesman Staff | Dec 11, 2019 | Reprints | Unlock Link
A California real estate investor has completed its $332.5 million acquisition of Alewife Research Center, a speculative development that attracted five life science companies to West Cambridge’s growing lab cluster.
Easthampton Attorney Admits Defrauding Commercial Lenders
By Diane McLaughlin | Banker & Tradesman Staff | Dec 11, 2019 | Reprints | Unlock Link
An Easthampton attorney pleaded guilty last week in Springfield federal court to numerous financial fraud charges, including schemes to defraud commercial lenders.
Housing Commitee Co-Chair Faces Primary Challenge
By James Sanna | Dec 11, 2019 | Reprints | Unlock Link
A long-time figure in the state’s housing policy debates is facing a primary challenge from the left from a candidate focused on housing issues.
MBTA Board Member Rips Bus Performance as ‘Awful’
A top MBTA official remains unsatisfied with the bus fleet performance, slamming the on-time rates Monday as “abysmal” after raising similar concerns several times in recent months.
Institutional Investors Call for Climate Action
More than 600 institutional investors managing a whopping $37 trillion in client assets called Monday for governments to step up their efforts against climate change.
Area of Dorchester Could Be Dubbed ‘Little Saigon’
By The Associated Press | Dec 10, 2019 | Reprints | Unlock Link
Boston is considering designating a section of a neighborhood as the “Little Saigon Cultural District” for its significant Vietnamese community.
Mass. Employers Remain Confident Amidst Uncertainty
By State House News Service | Dec 10, 2019 | Reprints | Unlock Link
Massachusetts employers remained cautiously optimistic about their prospects last month, according to confidence index results released Tuesday.
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