Chestnut Hill
Chestnut Hill, MA · Business
hulltimes.com
Running the numbers: True project cost of combined DPW/light plant remains uncertain
Good news first. On October 19, town staff finally met with the state on whether the light plant could come out of the shared DPW building. The state said yes. With no penalties, and no harm to future grants. That’s from the town manager’s own October 25 email to the light board. Nothing from the state is in writing yet.
high-profile.com
From Falling Brick to 390 Homes: Allen & Major Helps Bring Taunton’s Whittenton Mills Back to Life
Taunton, Mass. – A 42-acre mill complex that sat vacant for decades is being redeveloped into a 390-unit multifamily community, one of the largest modular residential projects in Massachusetts. Greystar is developing the site in partnership with the city of Taunton, with Allen & Major Associates, Inc. providing civil...
fooddive.com
Boston Beer CEO says hard sports drinks are alcohol’s ‘next big thing’
Boston Beer is eying the nascent vodka ade category as its next point of growth, with CEO Jim Koch saying that hard sports drinks have "exploded faster" than hard teas or seltzers. The Sam Adams maker launched Rally Dog Vodka Ade in four states earlier this year with plans to...
Yahoo!
Boston could put 'worst' landlords on public list and freeze them out of city business
Boston may soon begin publicly identifying its most problematic landlords — and make it harder for them to secure city contracts, grants, or development approvals. According to Boston.com, City Council President Liz Breadon and Councilor Brian Worrell introduced an ordinance requiring Boston to publish a public "Worst Landlords in Boston" list twice a year for landlords with repeated housing violations, unpaid fines, and other compliance problems.
needhamobserver.com
Pollard debt calculator is of more than passing interest
As Town Meeting members stood to comment on funding the new Pollard School on Oct. 19, member Aaron Pressman made a serious assertion: Based on the current market and the way municipal bonds are sold, the household tax burden projected by the town in presentations and in its online tax calculator was unrealistic. In all likelihood, Pressman said, the burden on taxpayers would be considerably … lower.
CNBC
thecypressonline.com
Brookline is losing small businesses: it’s time to do something about it
Growing up, I always looked forward to picking up my birthday cake from Party Favors in Coolidge Corner or a new book from The Children’s Book Shop in Brookline Village. One of my favorite kindergarten memories was going on a field trip to Connelly’s Hardware, where we got to go behind the scenes to see how they operate the store. In recent years, these three stores, as well as other beloved local establishments, went out of business due to competition from online retailers, rising costs and declining walk-in business. When these businesses closed, we lost a piece of the town’s vibrant character and charm. For this reason, it is necessary for us students to get involved and defend the businesses we know and love.
Dorchester Reporter
City’s Dot liaison takes a new job at City Hall
Madison Foley spoke to students at a career fair last spring at her alma mater, Boston Collegiate High School in the Polish Triangle. Seth Daniel photo. On Monday this week, Dorchester mayoral liaison Madison Foley, a lifelong resident of Adams Village, moved to a position in another city department, according to the Mayor’s Press Office. She had been the Dorchester liaison for the Office of Neighborhood Services (ONS) since August 2024.
Boston Globe
‘I’ve had it’: Boston’s Starbucks exodus leaves crowded cafes and empty storefronts
The coffee chain used to be a city fixture. Now it’s in retreat. It’s not yet 9 a.m. on a recent weekday, and the last Starbucks standing in downtown Boston is already slammed. coffees are lined up on the counter waiting to be claimed by customers who ordered...
hoodline.com
Alexandria Sells Nearly Finished Fenway Lab Tower as Boston Vacancy Hits 28.9%
Alexandria Real Estate Equities is selling its nearly complete 421 Park Drive life sciences tower in Boston's Fenway neighborhood to an institutional buyer, a deal the company says will reduce its remaining construction costs by about $136 million. The 13-story, 339,668-square-foot building sits at the company's Alexandria Center for Life Science megacampus and had just wrapped construction in June, making it the last speculative lab project in Greater Boston to finish without a tenant already lined up.
Boston
Wu unveils plan to make it easier to open a restaurant in Boston
“Boston is cutting through red tape so entrepreneurs can open their doors sooner, saving time and money, and building sustainable businesses." Mayor Michelle Wu is proposing a slew of changes that, the City said, would cut through “red tape” around opening restaurants, making it easier for would-be restauranteurs to get started in the city.
Dorchester Reporter
You can nominate a stalwart from your community for a Legacy Business Award
Around Dorchester, neighborhood pride is a common sight. Murals, window decals, apparel, and OFD bumper stickers are daily reminders about how Boston’s largest and most diverse neighborhood also feels tightly knit and unified. Part of what makes this six-square mile community feel so intimate are the spaces we come to gather—coffee shops, bars, theaters, and restaurants.
Lovely Garden Roots
A Dedham Paving Contractor Who Took More Than $15,000 From 11 Homeowners, Many of Them Seniors, Is Headed to Prison for at Least Five Years
Norfolk DA Michael Morrissey said William Pusateri took payment for driveway and home improvement jobs in Foxborough, Sharon, Dedham and Westwood that he never finished.
Caught in Southie
New Luxury Consignment Shop Coming to South Boston
Listen up, fashionistas! A new shop is coming to the neighborhood. Boston Luxe Inc., a luxury consignment boutique, is getting ready to open at 373 West Broadway, adding another shopping destination to South Boston. The new shop will be in good company, just down the block from Covet, the Best...
bostonrealestatetimes.com
Cushman & Wakefield Names Christina Fish New England Project and Development Services Lead
BOSTON— Commercial real estate services firm Cushman & Wakefield has appointed Christina Fish as managing director and New England lead of its Project & Development Services (PDS) business, bringing an experienced real estate and project management executive back to the company as it expands its regional operations. In her...
bostonrealestatetimes.com
Alexandria Real Estate Equities to Sell Fenway Life Science Property at 421 Park Drive in Boston
BOSTON— Alexandria Real Estate Equities has agreed to sell its development property at 421 Park Drive in Boston’s Fenway neighborhood to an institutional buyer, a transaction expected to generate significant proceeds and reduce the company’s future construction spending by approximately $136 million. The property, located within Alexandria...
TradingKey
Alexandria Q3 Loss Widens on Impairments as Leasing Strengthens
Alexandria Real Estate Equities reported a wider third-quarter loss after recording $637.9 million of real estate impairment charges, while adjusted funds from operations declined and lower occupancy weighed on same-property results. The life science real estate investment trust nevertheless maintained the midpoint of its 2026 adjusted FFO outlook, citing stronger leasing activity and continued efforts to reduce construction commitments and recycle capital. The company posted a GAAP net loss attributable to common stockholders of $638.5 million, or $3.74 per diluted share, for the quarter ended September 30, 2026. That compared with a loss of $234.9 million, or $1.38 per share, a year earlier. The impairments primarily involved properties classified as held for sale, including a Fenway development project and assets in Palo Alto, San Carlos and Austin. Alexandria said several of the affected properties would have required significant additional capital to complete, convert or lease. Funds from operations attributable to common stockholders were $269.1 million, or $1.57 per diluted share. Adjusted FFO, which excludes specified investment gains and losses, impairments and financing items, fell to $264.4 million, or $1.54 per share, from $377.8 million, or $2.22 per share, in the prior-year quarter. Total revenue declined 10.7% to $671.2 million, while
WPRI 12 News
Pawtucket mayor criticizes Hasbro CEO over ‘insulting’ remarks
newtonbeacon.org
At last, Turtle Lane Playhouse property has been sold
The Turtle Lane Playhouse’s long stay in property purgatory is just about over. The lot, an eyesore falling further and further into disrepair, was placed back onto the auction block Thursday, and according to the McLaughlin & Co., someone bought it. The identity of the new owner is not...