Abg Realty

Hope for East Boston

There may hope for East Boston after all. A luxury housing project by Roseland Property Co. is in the works on East Boston’s waterfront that will bring 550 residential units in a three phase construction project. The first phase consists of a 176-unit apartment complex called Portside at Pier One, which has been delayed in the […]

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Dreamliner remains grounded, industry experts concerned over implications

Last April, Boston became the first city in the Western Hemisphere to land Boeing’s new 787 “Dreamliner” plane. The inaugural landing marked the first direct flight from Tokyo’s Narita International Airport to Boston’s Logan International Airport. However, since the Dreamliner debuted last year, the plane has been plagued with incidents and emergency landings. Three weeks […]

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Financing Expansion: The DBEDC approved as 504 loan administrator

The Dorchester Bay Economics Development Corporation (DBEDC), responsible for the Quincy Street Corridor revitalization, has recently been certified by the United States Small Business Administration (SBA) to administer the SBA 504 loan program. This program, funded by the federal government, is an economic development program that administers loans as well as other forms of financing […]

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Panera Cares Cafe in Boston

Panera Cares Community Café is now open in Boston near Government Center. This is one out of 5 of Panera’s nonprofit cafes around the United States that provides residents with food at whatever price they can afford. There are suggested donations and people can leave money in bins that are provided at the café. “The […]

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Loews Hotels & Resorts Buys Back Bay Hotel

Loews Hotels & Resorts will be buying the Back Bay Hotel located on the corner of Berkeley and Stuart Streets. The hotel, which is owned by the Doyle Collection, is a historic building within the Boston community. The property was built in the 1920s and has undergone a few renovations since its inception. This upcoming acquisition will […]

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Rental rates up in Boston

Rental rates are up 6.4% year-over-year in 2012, reports Trulia. The median monthly rent for Boston is now a steep $2,400. Most brokers expect an increase in demand during the early months of the calendar year due to lease expirations from the previous year. However, there is some relief for individuals looking to lease a […]

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