A new study conducted by the University of California at Berkeley and Lawrence Berkeley National Laboratory has made a connection that may help real estate lenders issue safer loans. Trepp reports that there is a tight correlation between efficient energy use and the likelihood of loan default. The study, funded by the Department of […]
When Amazon openly asked for cities to submit proposals for their second headquarters less than two weeks ago, naturally there was a great deal of interest. The e-commerce powerhouse has just begun their process, stating in a tweet that “every city is on an equal playing field”, but some say Boston could be a front […]
With the Seaport “Innovation District” drawing in industry leaders like Reebok and GE, growing tech startups are beginning to fill the space left behind downtown. The modernizing economic climate in Boston has created a greater appeal for the waterfront locale. With new models for collaborative work spaces, company headquarters, and housing, the Innovation District has […]
As Boston undergoes a long-term growth strategy to develop and enhance specific neighborhood areas through community planning and land use, the commercial market demand for these areas will increase. The presence of major corporate residents has a cascading effect for corporate leasing opportunities with companies looking to expand their operational presence to attract top talent. Small […]
While the broad standards for business loans have remained unchanged, loan officers at U.S. banks reported tightening lending standards on commercial real estate loans and a weaker demand for both types. According to a quarterly survey conducted by the Federal Reserve, banks reported stricter standards for construction and land development loans as well as loans […]
This year is Boston’s 119th hosting of the Boston Marathon. On April 20th at 8:50 in the morning, the first wave of runners will be released. The trek is run by more than 35,000 athletes, 98 percent of which finish. Groups of male runners, female runners, and handicapped racers all compete for the best times. […]
Anyone living in Boston or in the surrounding areas know to start wearing rain boots, as our snow is finally melting sporadically in 40 degree temperatures. This past February has beat records as the snowiest four weeks Boston has ever had. Our last record from 2005 was toppled by more than 15 inches, placing us […]
On Thursday, October 30, 2014, the city of Boston lost a great leader. Thomas Michael Menino, Boston’s longest serving mayor, died. He was diagnosed with advanced cancer earlier this year after leaving office. A man with great vision for the city of Boston, he helped mold and shape the city’s skyline. A friend to all, […]
A study done by three economists – Edward Glaeser, Oren Ziv (Harvard University) and Joshua Gottlieb (University of British Columbia) based on a large national survey about people’s satisfaction with life indicated the happiest and unhappiest metropolitan areas in the United States. The report showed a significant trend of unhappiness of declining industrial cities. And […]
The Burnham Building and old Filene’s building have been empty for years in Downtown Crossing and bring a scruffy impression to this area, which could have been the Times Square of Boston. There have been some construction projects going on in Downtown Crossing but they are not helpful to relief the continuously tightened residential […]
