Residential Real Estate
Nonprofits Seek to Add 437 Apartments at JP Housing Complex
By Steve Adams | Banker & Tradesman Staff | Sep 18, 2020 | Reprints | Unlock Link
A nonprofit development team has unveiled its vision for transforming a portion of one of Boston’s public housing complexes into a mixed-income development, adding 437 apartments in seven new buildings.
Mass. Jobless Rate Tumbles to 11.3 Percent
By State House News Service | Sep 18, 2020 | Reprints | Unlock LinkMassachusetts employers added 51,600 jobs in August as the statewide unemployment rate dropped nearly 5 percentage points, bucking a two-month trend of the Bay State bearing the highest jobless rate in the country.
Mass. Active COVID Case Count Keeps Climbing
By State House News Service | Sep 17, 2020 | Reprints | Unlock LinkThere are more than 300 more active cases of COVID-19 in Massachusetts this week than there were last week and the rate at which new cases are being diagnosed continues to outpace the rate at which people are recovering.
723K SF Allston Project Would Add New Charles River Connections
By Steve Adams | Banker & Tradesman Staff | Sep 15, 2020 | Reprints | Unlock LinkA hotel, condominium and apartment redevelopment of the former Skating Club of Boston property in Allston would include new connections from Western Avenue to the Charles River Reservation.
Dakota Partners Buys Depot Village
Sep 15, 2020 | Reprints | Unlock LinkWaltham-based real estate developer Dakota Partners has acquired an affordable housing project currently under development in Hanson.
Zillow, Redfin Pledge to Diversify Their Boards
Sep 14, 2020 | Reprints | Unlock LinkTwo prominent real estate companies have joined over 42 other firms to pledge an increase in the number of Black people on their boards.
Home, Not-So-Sweet Home on Military Bases
By Lew Sichelman | Special to Banker & Tradesman | Sep 13, 2020 | ReprintsPrivate contractors operate 202,000 units on 80 bases across the country, often with little or no oversight and not-infrequently unhealthy housing.
Legislators Must Get to Work on Eviction Solutions
Sep 13, 2020 | ReprintsWith eviction moratoriums set to continue in Massachusetts through at least Dec. 31, the future isn’t looking any more certain for tenants or their landlords.
$300 in Extra Jobless Aid Running Out Even as More Seek Help
By The Associated Press | Sep 11, 2020 | Reprints | Unlock LinkThe nation’s unemployment safety net is looking increasingly shaky, with a $300-a-week federal jobless benefit from the Trump administration running out just weeks after it began and millions of laid-off Americans nearing an end to their state unemployment aid.
Top Hospitals Pressure Beacon Hill on Tenants’ Right to Counsel
By State House News Service | Sep 11, 2020 | Reprints | Unlock LinkDozens of medical experts and organizations, including some of the largest names in the state’s health care landscape, urged Beacon Hill power players to revive a stalled proposal that would ensure tenants facing eviction have legal representation.
Federal Judge Lets Eviction Moratorium Stand for Now
By State House News Service | Sep 11, 2020 | Reprints | Unlock LinkA federal judge allowed the state’s temporary ban on evictions and foreclosures to remain in place, a decision outlined in a Thursday ruling that prompted parties on both sides of the issue to see positives.
300-Unit South End Complex Announces Rents
Sep 11, 2020 | Reprints | Unlock LinkA new 300-unit luxury rental complex in Boston’s South End has announced its initial rents including offers of two-and-a-half months free on some units.
Bigger Condo Units Sought for Dock Square Project
By Steve Adams | Banker & Tradesman Staff | Sep 10, 2020 | Reprints | Unlock LinkOwners of Boston’s Dock Square Garage are switching up their redevelopment plans with a proposed redesign that would increase condo sizes by 64 percent.
Potential Settlement Clears Way for Suffolk Downs Redevelopment
By Steve Adams | Banker & Tradesman Staff | Sep 9, 2020 | Reprints | Unlock LinkA potential settlement of a civil rights complaint could clear the way for resumption this month of Boston officials’ review of the proposed 16.5 million-square-foot Suffolk Downs redevelopment.
Boston Rents Decline As Secondary Markets Post Gains
By Steve Adams | Banker & Tradesman Staff | Sep 9, 2020 | Reprints | Unlock LinkBoston is the third-hardest-hit apartment market in the U.S. while secondary markets such as Portland, Maine have seen recent rent gains, according to a new report.
August Sees Bidding Wars Decline Slightly, Redfin Says
Sep 9, 2020 | Reprints | Unlock LinkRedfin clients who made offers in Greater Boston in August faced bidding wars 60.8 percent of the time, a new report says.
Biz Confidence Remains in Pessimistic Territory
By State House News Service | Sep 8, 2020 | Reprints | Unlock LinkBusiness confidence rose slightly in August but remains well below its level of a year ago, with a predominantly pessimistic outlook still prevailing.
Personnel File
Sep 8, 2020 | Reprints | Unlock LinkFrom new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Hopes Fade for Coronavirus Deal as Congress Returns
By The Associated Press | Sep 8, 2020 | Reprints | Unlock LinkAt least there won’t be a government shutdown. But as lawmakers straggle back to Washington for an abbreviated preelection session, hopes are dimming for another coronavirus relief bill – or much else.
What Hath WFH Wrought?
By Scott Van Voorhis | Banker & Tradesman Columnist | Sep 6, 2020 | Reprints | Unlock LinkVaccine or no vaccine, COVID-19 has set the stage for what are likely to be some big, permanent changes to the real estate market
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