Things are not going well for party good retailer iParty Corp. In early November, iParty Corp. reported sales of $16.4 million for October, a 6.5% drop from total sales from the same period last year. Furthermore, the retailer recently received a compliance notice from the NYSE due to the company’s extremely low selling stock price. […]
PNC’s annual gift CPI is out and Christmas is as expensive as ever! One partridge in a pear tree: $204.99 (Up from $184.99 in 2011) Two turtle doves: $125.00 (No change from 2011) Three French hens: $165.00 (Up from $150.00 in 2011) Four calling birds: $519.96 (No change from 2011) Five gold rings: $750.00 (Up […]
Last week, the Federal Housing Administration made headlines when it ended September with $16.3 billion in projected losses. Now some officials are speculating that the Administration will need a taxpayer “bailout” by the US Treasury. The FHA is required to hold cash in reserve to cover its liabilities—the mortgages it ensures. However, the housing recovery […]
Hi All, We would like to thank you for reading our blog and keeping up with our company updates. We hope you all have a great Thanksgiving weekend. We will return to blogging on Monday. Look forward to more things coming soon. ABG Commercial
French inspired British sandwich chain Pret A Manger is set to open its first two stores in Boston this week. The first store, located in the Financial District at 185 Franklin Street, opens November 14th. The second, located in the Back Bay at 507 Boylston Street, opens on the 15th. The chain, which was […]
Construction has begun on the $3.6 million Brookline Teen Center located on 40 Aspinwall Ave. in Brookline, Mass. The teen center, founded by Brookline High School social worker Paul Epstein, is a space designated for academic enrichment, physical activities, as well as social and emotional development. The center will focus around teenagers in grades 7 […]
Although Boston Residential group faced opposition from locals in the Jamaica Plain area, a 196-unit apartment project was approved by both the Boston Redevelopment Authority and the Zoning Board of Appeal. Concerns about the affordability and density of the project were raised by locals upset with development during the City Hall hearing. However, argument for […]
Hanover Co., a Houston-based developer, has its sights set on Boston. The developer announced that it will break ground on two apartment complexes by the year’s end. The developments, one in Boston and the other in Cambridge, are the newest additions to Boston’s ever-changing skyline. The Cambridge development, a 398-unit apartment complex, will commence next […]
On March 9th, 2012 a proposal to lease and develop a public museum on Parcel 9 near the Rose Kennedy Greenway was submitted by the Boston History Center and Museum, Inc. However, last week the Massachusetts Department of Transportation eliminated the museum from consideration for occupation of Parcel 9. The History Center claimed that the […]
Boston Scientific Corp., a local developer of medical devices, is moving its headquarters from Natick to Marlborough, near the intersection of Interstate 290 and Interstate 495. The transition is set to begin in the spring of next year and will stretch into the summer of 2014. “A new global headquarters in Marlborough will more effectively […]
