by Kim O’Brien While we are still firmly in the most prolific apartment building cycle in U.S. history, supply volumes have finally peaked. The first time apartment supply volumes hit a historic peak was back in 2nd quarter 2023, when quarterly completions surpassed 100,000 units for the first time since RealPage Market Analytics began monitoring the market […]
The theater has been vacant on Church Street since 2012. The Cambridge City Council wants to question the owner about its reopening. By Molly Farrar Harvard Square is marred by at least a dozen of vacant storefronts, including, notably, the nearly century-old Harvard Square Theatre on Church Street. It’s been closed since 2012, and, after a failed […]
Activity surges to highest level in more than five years By Phil Mobley Growing economic uncertainty was not enough to stem the tide of tenants’ appetite for U.S. office space in the first quarter of the year. Office-seeking companies leased an estimated 115 million square feet in the first three months of 2025, according to preliminary […]
By Don Seiffert The James Beard Foundation has announced its 2025 finalists, and a Boston-area bar as well as chefs in Cambridge and Somerville have made the cut. The semifinalists were named earlier this year, and the winners will be named at a ceremony on June 16 at the Lyric Opera of Chicago. The finalist nominees and honorees were […]
By Greg Ryan Home Depot Inc. has paid $72 million to acquire a large chunk of a Watertown property that hosts one of its stores, though a Boston real estate developer continues to have preliminary approval to put a lab building on part of the site. Following the transaction earlier this month, Boylston Properties still owns a […]
By Isabel Hart The plans to restore and renovate the historic Hotel Alexandra on the border of Boston’s South End and Roxbury neighborhoods have changed many times over the past several years, but developers of the property said they are close to getting the go-ahead from city planners. The newest version of the proposal for the Victorian […]
By Linda Moss Eataly, the global Italian gourmet market and restaurant chain, is venturing outside cities such as New York and Chicago into the suburbs to rapidly expand in North America. In so doing, it’s showing how suburban malls are attracting traditionally urban tenants. The company opened its first location in New Jersey at the upscale Mall […]
By Joanne Drilling As the Covid-19 comeback continues for downtowns, much of the attention has been focused on the return to the office — or the lack thereof in many cities. But new data suggests the key to a strong downtown recovery may lie beyond the office. That’s according to the latest research by University of […]
By Peter Grant Most people in their 80s who move to Florida go there as retirees. Billionaire property mogul Stephen Ross went for his second act. The 84-year-old, a storied figure in the real-estate industry and one of the most prominent developers of the last half-century, is stepping down as chairman of Related Cos. Ross recently launched a […]
By Mark Heschmeyer Simon Moves To Give Up Philadelphia Mall: Retail real estate investment trust Simon Property Group is working with lenders to turn the title over to its 1.21 million-square-foot Philadelphia Mills Mall rather than pay off debt that was set to come due this month. The property backs $103.7 million in outstanding commercial mortgage-backed securities debt spread […]
