Boston
Boston Housing Market Among Nation’s Strongest Despite Summer Foreclosure Bump
By Veronica Grecu, Associate Editor The summer brought both good news and bad news for the Massachusetts housing market. First, the bad news: foreclosure petitions in the state rose for the second consecutive month in July, the Warren Group, a Boston-based [...]…
Continue reading →Mixed-Use Project Proposed for Jamaica Plain; Cambridge Lab Vacancy Inches Up
By Veronica Grecu, Associate Editor A joint venture of SSG Developments and New Boston Ventures intends to build a 208,000-square-foot complex that would be located on a 3.4-acre site between a residential neighborhood and an industrial area in Jamaica Plain, the [...]…
Continue reading →Boston’s New Residential Developments Beat Recession
By Veronica Grecu, Associate Editor The open-air parking lot located at 45 Stuart St. near the Chinatown and Theater District neighborhoods could be replaced by a residential complex. Last week, AvalonBay Communities Inc. submitted a large-scale development plan to the Boston [...]…
Continue reading →Demand Drives Boston Apartment Rents to a New Peak
By Veronica Grecu, Associate Editor Vacancy in the Boston multi-family market has hit its lowest level in almost a decade, pushing rental rates upward to a record $1,665 per month. Reis Inc., recently revealed that Boston-area ranks fifth on the list [...]…
Continue reading →HYM Details Massive Downtown Project; Braintree Hotel Makeover Kicks Off
By Veronica Grecu, Associate Editor HYM Investment Group L.L.C detailed plans this week for Downtown Boston’s largest current proposed project: 2.4 million-square-foot mixed use complex on the site of the Government Center Garage. As reported Tuesday by the Boston Globe, HYM wants to build 1.2 million [...]…
Continue reading →New Housing and Lifestyle Developments in Boston Metro Area
By Veronica Grecu, Associate Editor Everett city officials are evaluating four proposals to acquire or lease and redevelop the 3.9-acre site of a former high school. Though the city’s initial request didn’t specify how the property should be used, all four proposals include affordable, market-rate [...]…
Continue reading →New Developments Suggest Improvement in Beantown Economy
By Veronica Grecu, Associate Editor Judging by the number of developments under construction or preparing to begin, Boston’s economy is finally on a recovery track. The Boston Globe reported that more than 4,000 construction jobs will be created in the coming [...]…
Continue reading →Five Boston Communities to Be Revitalized
By Veronica Grecu, Associate Editor Five dense urban communities have been chosen to take part in the Great Neighborhoods program, a complex regional and community planning initiative run by the Massachusetts Smart Growth Alliance that aims to change the lives of [...]…
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