By Hannah Green – Inno Reporter The idea for building a water shuttle on the Charles River came to Drew Rollert as one might expect: After a particularly terrible attempt to get around by car in Greater Boston. Last summer, the Watertown entrepreneur was gifted a few Red Sox tickets. He got some friends together, shared a few […]
By Rowan Walrath In the 2010s, life sciences developments made up less than 5% of all office construction nationwide. In the last two years alone, such projects have compromised more than one-in-four new projects, according to a new report from commercial real estate software company CommercialEdge. The report, released last week, warns of a possible oversupply on […]
By Rowan Walrath – Life Sciences Reporter, Boston Business Journal Developers hit a significant milestone in construction for a new, $915 million lab project in Boston’s Allston neighborhood. On Monday, developer King Street Properties and building contractor Consigli Construction Co. Inc. topped off the project that will become Allston Labworks, a mixed-use site involving life sciences space, […]
Borrowing costs have risen more than the benchmark Treasury yields they track, pushing up interest rates for buyers By Ben Eisen and Gina Heeb Mortgage rates pushed to a fresh two-decade high this week, making it tougher for the housing market to emerge from its stark slowdown. The average 30-year fixed mortgage came with an interest rate of […]
By: Hiawatha Bray Electric car owners constantly fret over keeping their vehicle’s battery charged. In Alex Gruzen’s world, they won’t even think about it. Gruzen is chief executive at WiTricity, a Watertown company that designs wireless charging systems. Like Wi-Fi, which delivers internet data without wires, WiTricity uses magnetic fields rather than cables to give […]
https://www.bisnow.com/author/miriam-hall-128140 Van Leeuwen Ice Cream co-founder Ben Van Leeuwen joins us for a candid episode, discussing the New York City-based chain’s expansion, how it has handled inflation, and why American consumer habits are perfectly aligned with expensive, high-end ice cream. “In 1980, the average food spend out of home in the U.S. was 20 cents on the dollar. In 2020, […]
By Tréa Lavery The day Dewey Parsons bought Downtown Wine & Spirits in November 1986, his landlord came into his office and ripped the telephone cord out of the wall. Parsons owned a food service business based in Brighton at the time, and was on the phone when the landlord, who was also his mentor in […]
By Andrew Brinker Globe Staff, Massachusetts housing officialson Thursday added to their arsenal of financial penalties for communities that don’t comply with an ambitious new state law to boost housing development near transit stops, while granting them one big compromise that may make it easier to meet its requirements. The new rules threaten towns that avoid rezoning under […]
By Greg Ryan Astellas Pharma Inc. has agreed to take space on two floors of the newest lab building in the massive Cambridge Crossing mixed-use development, one of the region’s largest lab leases this year. The Japanese pharmaceutical giant will occupy about 62,000 square feet at 441 Morgan Ave., a 10-story building whose core and shell […]
By Howard Ruben The decision to open a stand-alone store after 106 years in business was partially prompted by the many Radio Flyer customers who visited the brand’s headquarters in Chicago to test out designs of scooters, wagons, tricycles and bikes in development, Robert Pasin, the brand’s chief wagon officer and grandson of founder Antonio Pasin, […]
