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 […]
We spend one third of our entire life sleeping, so it’s worthwhile of paying big money for a really nice bed. It is the same when it comes to office space. We work approximately 8 hours, a.k.a. one third of a day. If staying and working (or not working) at the office feels like the […]
In the past decade, the commercial real estate industry has been going through its ups and downs. From 2000 to 2010, large numbers of commercial real estate companies had been showing up but the industry revenue didn’t catch up with the speed of increasing companies. Then the winter came with the economic recession, busted the […]
Already finished the research about consumers and competitors in a specific area you want to jump in? Good! Then, it’s time to pick up a space to start your restaurant. The direct asking rent per square feet for a retail space normally is lower than a restaurant space. Renting a retail space seems a good […]
Office space in Cambridge is always in great demand. The overall vacancy rate of office market in Cambridge declined from 10.8% in 2012 to 9.0% in 2013. According to the Greater Boston Market Viewpoint Report conducted by Colliers International, the direct asking rent for Class A and Class B office in East Cambridge have both […]
President Obama released the budget of $100 million in federal fiscal year 2015 supporting the MBTA (Massachusetts Bay Transportation Authority) Green Line Extension project (GLX) which benefits the economy and environment of Somerville and Medford communities in the upcoming several years. “The Green Line Extension offers Somerville and the region both economic justice and environmental […]
The Business Monitor International upgraded their 2014 real GDP growth forecast from 2.7% to 2.8% with growth set to average 2.4% per year from 2013-2018. Our economy is recovering. With a growing external trade demand from the key US trade partners, including Canada, Mexico and the United Kingdom, both the industrial and office segments […]
Driving through Cambridge you may have seen signs for Shen Yun 2014. Shen Yun Performing Arts will be holding events at the Citi Performing Arts Center, Wang Theatre from February 28th to March 2nd. This is an all-new 2014 show with a live performing orchestra. Shen Yun Performing Arts presents a classical Chinese dance and […]
Boston is a classic and energetic city full of artistic breath that appeals to professionals and businesses all around the world. One of Boston’s classics is back for the fourth year in a row, The Boston Jewish Music Festival held from February 23rd to March 28th. This event was first created by Joey Baron, executive […]
Chelsea, Massachusetts is in the midst of a historic agreement for the city; The City Council unanimously endorsed a resolution, which authorizes City Manager Jay Ash to enter into a $2.5 million a year deal for Surrounding Community Agreement with Mohegan Sun. Manager Jay Ash and City Council President Matt Frank discussed the agreement, and […]
