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People’s United Execs to Receive Millions for Non-Compete Agreements

By Diane McLaughlin | Banker & Tradesman Staff | Mar 2, 2021 | Reprints | Unlock Link

Two People’s United Bank executives will receive multi-million-dollar payments to ensure that they do not compete with M&T Bank for three years after the merger takes place.

Somerville’s Curtatone Will Not Seek Reelection as New Boom Looms

By The Associated Press | Mar 2, 2021 | Reprints | Unlock Link

Somerville Mayor Joe Curtatone announced Monday that he will not seek reelection.

Newly-Developed Amazon Distribution Center Hits Market

By Steve Adams | Banker & Tradesman Staff | Mar 2, 2021 | Reprints | Unlock Link

After landing Amazon as anchor tenant for a speculative distribution center project in Northborough, developers are putting the 600,000-square-foot facility on the market.

‘Morphable Floor’ Could Be New Office Space Model

By Steve Adams | Banker & Tradesman Staff | Mar 1, 2021 | Reprints | Unlock Link

Tenants’ preferences for post-COVID workspace are prompting shifts in office designs emphasizing outdoor connections, and Gensler architects have some ideas about how to make that practical in places like Boston with wide seasonal fluctuations in climate.

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CDC Head Doubles Down on Warning as Mass. Opens Up

By State House News Service | Mar 2, 2021 | Reprints | Unlock Link

The head of the U.S. Centers for Disease Control and Prevention doubled down Monday on her warnings against rolling back COVID-19 restrictions at the state level, while Gov. Charlie Baker expressed confidence that his plan to loosen economic reopening rules is “appropriate” at the current juncture. On the same day that CDC Director Dr. Rochelle

Newton Developers Buy WNBA Team

Mar 2, 2021 | Reprints | Unlock Link

Larry Gottsediener, chairman of Newton-based Northland Investments, is now the owner of a professional sports team.

Personnel File

Mar 1, 2021 | Reprints | Unlock Link

From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.

Study: New Affordable Housing in MA Doesn’t Hurt Home Prices

By James Sanna | Mar 1, 2021 | Reprints | Unlock Link

A new study of fully-affordable housing developments by economists with online discount brokerage Redfin has found that, counter to popular concerns, affordable housing construction does not hurt nearby property values.

Biden Team Readies Wider Infrastructure Package After Virus Relief

By The Associated Press | Mar 1, 2021 | Reprints | Unlock Link

Looking beyond the $1.9 trillion COVID relief bill, President Joe Biden and lawmakers are laying the groundwork for another top legislative priority.

Latest Blogs

Weighted Assets

Avidia Shows How Relationship Between Banks and Fintechs May Shift

Hudson-based Avidia Bank made a bold move last month, becoming the first community bank in the country to join The Clearing House’s real-time payments network and in the process showing how the relationship between fintechs and banks may soon start to shift.

Total Absorption

Who’s the Developer Behind One Mystic?

After eye-catching plans were released for the 29-story “One Mystic” apartment tower in Charlestown, questions remained about the little-known firm behind the project.

Housing Scene

Waterfront? How About Just Water?

Looking for waterfront property but finding it way out of your league? Consider a houseboat. And they’re back now – bigger and better than ever.

Commercial Interests

Criticism of Vaccine Rollout Misses the Mark

After a rocky start to the state’s vaccine rollout, Gov. Charlie Baker is slowly clawing his way out from the bottom of an epic media pig pile. But this critical news coverage focuses on the wrong things, and overlooks deeper, systemic issues with state government.