The performance of the Massachusetts economy during the last quarter of 2023 was “noticeably weaker” than the national economy, according to new report, in part thanks to a “much weaker than usual bonus season.”
The Massachusetts Bankers Association is voicing support for a lawsuit filed by national bank trade groups earlier this week over stringent and what the national groups call “counterproductive” changes made to Community Reinvestment Act rules.
The purchase marks a key milestone in the university’s plans to build eight buildings totaling over 3 million square feet of development in the heart of the state’s innovation hub.
A trio of MBTA bus routes in Boston will continue to operate without charging fares for another two years thanks to an investment of more than $8 million from the city, Mayor Michelle Wu announced Tuesday.
Braintree developer John M. Corcoran & Co. broke ground on a 259-unit development in Stoneham, two years after the town lost an appeal over its right to reject projects under Massachusetts Chapter 40B affordable housing law and nearly a decade since the project was originally proposed.
Developers of State Street Corp.’s new headquarters say design flaws that failed to take into account Boston’s frigid winters forced them to sacrifice leasable space and drove up project costs.
Developers who’d invested in downtown Lynn apartment buildings got a rude shock in 2022 when, citing the structure’s decrepitude, the MBTA suddenly shut down the train station that had been a key part of their formula for success.
A Lawrence buyer snapped up an Andover office building put on the market by Alexandria Real Estate Equities after just over two years of ownership.
From previously targeting to open 90 branches, JPMorgan Chase has set a new expansion goal of 110 branches in Massachusetts by 2027 bank executives express optimism about branch-based growth in the state.
Condominium sales volume in the Boston urban core dropped to the lowest level in five years as rising mortgage rates favored rentals over home ownership, according to a Boston brokerage.
Touting the party as “in the strongest position we’ve seen in years,” MassGOP officials on Monday announced major fundraising success and plans to return operations to their former Boston headquarters.
After announcing a $20 billion “community investment plan” in five metro areas, including Boston, TD Bank said it will open a branch in Nubian Square in Roxbury in the fall as a part of an effort to serve low- and moderate-income individuals and families, and minority communities.
Apartment vacancies rose to their highest levels in three years as developers delivered 8,700 units in eastern Massachusetts during the past year.
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
The Fed chair also reiterated that the central bank’s next meeting in March was likely too soon for a rate cut. Most economists think the first cut is likely to come in May or June.
Massachusetts businesses kicked off the new year with a sunny disposition, with business confidence among employers surveyed by Associated Industries of Massachusetts rising to an 11-month high in January.
One of Greater Boston’s largest apartment landlords said high mortgage rates are keeping tenants out of the home ownership market longer and driving recent rent increases.
Monson Savings Bank said it gave $6,000 to Link to Libraries, a nonprofit that will use the money to donate books to local schools, and executives surprised one of the schools set to benefit with a visit bringing some of the donated books. See who else gave back.
Boston University is preparing to update the city’s largest dorm complex which houses 1,800 undergraduates.
A report commissioned by the Healey administration estimates the governor’s $4.1 billion housing bond bill will produce tens of thousands of new homes and generate $24.8 billion in economic activity, roughly 30,000 jobs, and $750 million in state tax revenue over five years.
