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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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 […]
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 […]
Read MoreALL THE DOMINOS FALL’ Business debts are threatening a cascade of loss
Capital MarketsLeave a commentBy Catherine Carlock | Boston Business Journal | April 10, 2020 It was 5 p.m. on the Friday before April 1 when John Pepper finally picked up the phone to speak with one of his restaurant chain’s landlords. Pepper, the co-founder and former CEO of Boston-based Boloco, hadn’t wanted to answer the call. Luckily, it was good news — the landlord would […]
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