Residential

Massachusetts landlords face lawsuits over pricing algorithm

Massachusetts landlords face lawsuits over pricing algorithm

By Jim Morrison The US Justice Department and attorneys general in eight states are suing a popular AI-enabled property management software system over alleged anti-trust violations. The Justice Department — and the states of North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee, and Washington — accuse RealPage Inc. of violating the Sherman Act and harming “millions […]

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Retail space availability has reached its lowest point in decades

Retail space availability has reached its lowest point in decades

By Mitchell Parton As retailers push into new cities and brands lean hard into brick-and-mortar as a strategy, it has become incredibly difficult to find space for a new storefront. Financing constraints due to elevated interest rates as well as zoning and infrastructure restrictions in some jurisdictions have limited construction of retail developments, limiting the amount of space on the […]

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Five Things You Need to Know to Start Your Day: Asia

Five Things You Need to Know to Start Your Day: Asia

By Isabelle Lee Good morning. Powell signals a delay to rate cuts. China tries to settle nerves about its new stock exchange rules. And the US considers more sanctions against Iran. Here’s what’s moving markets. — Isabelle Lee Staying high Federal Reserve Chair Jerome Powell said recent inflation data have indicated it will likely take longer for the central […]

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New restaurants slated for Assembly Row, and more retail news

New restaurants slated for Assembly Row, and more retail news

By Grant Welker  Somerville’s Assembly Row will soon welcome a second location of Davis Square favorite Posto, a new concept from the group behind Papagayo and Civility Social House, and a fifth location of Amelia’s Taqueria. Posto will open a nearly 6,000-square-foot space with a full-service dining room, cafe and take-out market at the recently closed FRANK in […]

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The changing landscape of Boston’s three-deckers: Rising prices and diminishing dreams

The changing landscape of Boston’s three-deckers: Rising prices and diminishing dreams

By Jim Morrison Three-deckers were once a reliable and well-worn path for working-class, Boston-area families to get into the housing market and build considerable wealth over time. The owner often moved into the first-floor unit, and the rents from the upper floors would cover the monthly mortgage. That was the plan, anyway. Last year, according to Multiple […]

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