Banker & Tradesman

Normally, a court doesn't lambaste a local zoning board. But that's just what the Land Court did to the Concord ZBA recently, showing the depth of judicial concern over municipal roadblocks to new housing, Christopher R. Vaccaro writes.

Boston-based Suffolk Construction has named Patrick Lucey as its new general manager for its work in the Northeast, the company’s largest division.

Watertown leaders hit pause on new building emissions regulations after objections from the business community and condominium associations about the potential costs and complications.

Alexandria Real Estate Equities fired DePippo on Feb. 25 after discovering that he had transferred hundreds of company documents to his personal email account and planned "to flip everyone off and go run a company – and do my own thing,” according to a complaint filed in U.S. District Court in Boston.

Massachusetts’ top politician says Trump administration research cuts and attempts to deport foreign students over their political views could deal serious blows to two of the state’s biggest industries.

Law firms in the market for new office space in Boston are in a strong negotiating position to extract heavy tenant concessions from landlords, according to a new Colliers report.

Massachusetts’ newest mutual holding company combination will see banks on opposite sides of Massachusetts join forces.   North Adams-based MountainOne Bank and Taunton-based Mechanics Cooperative Bank say they have entered into a formal agreement to merge their mutual holding companies into one. Holding company mergers are an increasingly popular form of consolidation among Massachusetts’ mutual bank. They create larger pool of deposits that lets them compete for larger loan deals and also generating the scale many bankers say is necessary to survive in the Massachusetts market.

Jeanne M. Nutt, IIDA is stepping down from her post co-leading Gensler's Boston office after 25 years -- a period that saw the office grow from 35 to over 150 staff and make a big impact on the area's built environment. "My success is always going to be defined by the success of my folks," she told us in this Q&A reflecting on her tenure. "That’s watching the first time somebody is presenting who hasn’t done it before, someone who is starting to take on a new project type, or who becomes interested in learning something that they hadn’t known about before."

This week's Hot Property is an award-winning renovation in the heart of Boston: https://lnkd.in/ehyjisfn The Boston Society for Architecture awarded UTILE's redo of the Boston Public Library Nubian Square branch its Harleston Parker Medal, which recognizes “the most beautiful piece of architecture, building, monument, or structure built in the metropolitan Boston area in the past 10 years.” From the jury's comments: "In one word, this building is transformative. This building demonstrates a good model for how to transform [B]rutalist buildings, of which Boston has so many." 📸 Anton Grassl | Courtesy of the Boston Society for Architecture

🏗️ Boylston Properties' proposal for a 13-story tower near the Alewife MBTA station has broken cover! The company wants to build 236 apartments at 745 Concord Ave. in a neighborhood – the Alewife Quadrangle – that's at the front line of Greater Boston's shifting development economics.    First reimagined as a mixed industrial-residential neighborhood by Cambridge city planners, major developers snapped up big swaths of the area for top dollar during the pandemic, fueled by visions of a life science campus to mirror that at the MBTA Red Line station nearby. Now, the pendulum is swinging the other way.   More details on the Hacin and HDS-designed building in our story here: https://lnkd.in/eeD3F-FQ Background on the market shift in our story from last September here: https://lnkd.in/eJsQYbwK