Since Mayor Walsh placed all non-essential construction projects on hold, many contractors and construction workers are still without a clear direction. Recent safety tips advised by the city require 6 feet of social distancing, hand washing accessibility, protective gear, etc. However essential projects have still been actively underway without consistent guidelines of how they need […]
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Two Boston apartment buildings are being pitched as a value-added play. The listing includes a 54-unit building at 49 Worthington Street, near the Longwood Medical Area, and a 55-unit property at 16 Westland Avenue, near where the Back Bay and Fenway neighborhoods meet. Both are fully occupied. The offering is expected to attract bids north […]
Read MoreThe coronavirus pandemic has effected the entire world and every industry. The economy is at a halt and the number of unemployment claims are growing at a rate we haven’t seen since the Great Depression. According to the Washington Post, 25% of the national unemployment claim come from the food and beverage (F&B) industry. Compared […]
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Boston Developers, Officials See More Supply As A Remedy For The Affordable Housing Crisis
Capital MarketsHousing in Boston, as in many major U.S. cities, has become increasingly expensive and has made it challenging for middle-class workers to afford to live near their jobs. The affordable housing crisis dominated the discussion at Bisnow’s Multifamily Annual Conference New England, held last week at the Westin Copley Place, where city leaders and developers proposed a series […]
Read MoreBOSTON—Extra traffic is expected this autumn near Boston’s Museum of Fine Arts, the catalyst being CRE prospectors touring 77 and 81 Park Dr., elegant apartment properties now available to investors for the first time in a half-century. Fifty five units in two buildings enjoying views of the MFA and Fenway’s famed public rose garden next […]
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