Health Care Tech Firm Expands In Burlington
Health care tech firm AllScripts has inked a 44,000-square-foot lease renewal and expansion at Griffith Properties’ One Burlington Woods office building to accommodate its growth in Greater Boston.
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Officials Declare Redevelopment Plans For Downtown Brockton
State and local officials recently announced plans for the redevelopment of the 226 Main St. site in downtown Brockton.
Lamacchia Realty Opens Norwood Office
Lamacchia Realty has expanded again, this time to Norwood.
Remodeling Spending Expected To Continue To Increase
Nationwide spending on residential remodeling is expected to continue to increase through the third quarter of 2018, according to the Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
North River Co. Acquires Two Chelsea Properties
Burgess Properties Inc. announced the sale of both 180 Everett Ave. and 115 Carter St. in Chelsea to North River Co. LLC, an affiliated entity of Waterfront New York.
Goldman’s Fledgling Consumer Bank Draws Questions From Curious Analysts
As Goldman Sachs Group Inc. has unveiled more details about its strategy and financial targets to satisfy investor demands, Wall Street’s attention has turned to a business so small and new that there may not be much to disclose.
Worcester Offers Amazon Half-Billion-Dollar Tax Break
Worcester is prepared to give Amazon a $500 million property tax break if the Seattle e-commerce leader agrees to locate its future second headquarters in New England’s second-largest city.
New York Life Occupies Rockland Offices
New York Life has occupied its newly built-out offices at 1050 Hingham St. in Rockland.
DCU Chooses Yippy Over Google
By Banker & Tradesman Staff | Oct 18, 2017 | Reprints
Marlborough-based Digital Federal Credit Union has abandoned Google, its primary vendor for enterprise search and discovery, in an effort to be more secure.
Fannie Mae’s Economic Forecast Unchanged By Hurricanes
Oct 18, 2017 | Reprints
The 2017 economic growth forecast remains unchanged at 2.2 percent following expected offsetting hurricane-related impacts to GDP growth in the third and fourth quarters, according to the Fannie Mae Economic and Strategic Research (ESR) Group’s October 2017 Economic and Housing Outlook.
US Housing Starts Fall To One-Year Low
U.S. homebuilding fell to a one-year low in September as Hurricanes Harvey and Irma disrupted the construction of single-family homes in the South, suggesting that housing probably remained a drag on economic growth in the third quarter.
Unions Irked By Baker’s Position In Unsettled Contract Talks
Animosity has begun to brew between Gov. Charlie Baker’s administration and public employee unions negotiating new contracts with the state who believe the governor’s team has been low-balling the workers with salary offers that fail to keep up with rising health care costs and increased demands.
$53M Upgrade Planned For South End Property
Oct 17, 2017 | Reprints
A $53 million permanent loan from MassHousing will be used to renovate the 181-unit Villa Victoria’s Viviendas apartments in Boston’s South End.
Housing Credit Availability Index Down In Second Quarter 2017
Oct 17, 2017 | Reprints
The Housing Finance Policy Center’s latest credit availability index shows that mortgage credit availability declined to 5.1 in the second quarter of 2017, after reaching a recent peak of 5.4 in Q1 2017.
Lowell Food Producer Receives Financing For Manufacturing Expansion
Oct 17, 2017 | Reprints
MassDevelopment has issued a $4.6 million tax-exempt bond for Plenus Group Inc., a family-owned manufacturer of soups, sauces and gourmet frozen foods based in Lowell.
Transpo Officials Learning From Bumpy Rollout Of Inspections Technology
The state’s new vehicle inspection technology landed with a thud when the Registry of Motor Vehicles rolled it out earlier this month, leaving hundreds of service stations unable to participate in the program that regulates vehicle safety and emissions.
Morgan Stanley Smashes Estimates On Strength In Wealth Management
Morgan Stanley posted a much higher than expected quarterly profit on Tuesday as record revenue from its wealth management business helped offset the blow from a slump in trading activity.
State Government Website Revamped With User Accessibility In Mind
Oct 17, 2017 | Reprints
The Baker administration announced the launch of the new Mass.gov website, redesigned to better meet the needs of thousands of constituents visiting it on a daily basis.
Upgrades Set To Begin At Fenway Complex
Longtime renters in the Boston’s Fenway neighborhood have felt the squeeze from rising rents and conversion of apartments into off-campus housing.
Boston Fed President Expects 2 Percent Inflation By Next Year
Speaking at a conference in Boston Friday, Eric Rosengren said he also expects current low inflation, the main factor that could hamper projected interest-rate hikes, to get much closer to the Fed’s 2 percent target next year.
