The following represents articles of interest to the Boston real estate community that appeared in various publications during the week.
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Real Estate Articles of Note
Blackstone and Other Funds Said to Weigh Bid With Simon for Malls
The New York Times — February 19, 2010
The Simon Property Group is in preliminary talks with the Blackstone Group and sovereign wealth funds about making a potential joint bid for General Growth Properties, the bankrupt mall operator, people briefed on the matter said on Thursday.
Fed Discount-Rate Increase Signals End to Emergency Measures
Bloomberg.com — February 19, 2010
The Federal Reserve Board sent its most explicit signal yet that the emergency supply of liquidity to financial markets is done and the most aggressive monetary policy easing in its 96-year history will eventually reverse.
City reaps benefit of federal job bucks
Boston Herald — February 18, 2010
The city is generating the equivalent of 1,276 full-time jobs over four years with its $309 million slice of federal stimulus cash, but just over half of the haul is for the private sector, while a portion of the rest will rescue nearly 300 cops and teachers.
MassPort approves $1B in projects
Boston Herald — February 18, 2010
The Massachusetts Port Authority today approved a $1.05 billion capital improvement budget to fund 379 projects for fiscal years 2010 to 2014.
BRA Approves Two Medical Expansion Projects
Banker & Tradesman — February 17, 2010
The Boston Redevelopment Authority has approved two medical expansion and redevelopment plans.
Blizzards Make It More Difficult to Decipher U.S. Economic Data
Bloomberg.com — February 17, 2010
Blizzards that hammered the East Coast of the U.S. and winter storms that blasted through the deep South earlier this month also disrupted economic data.
Lowe's to try again on Hub store
The Boston Globe — February 16, 2010
After stalling out last year, the home improvement giant Lowe's is again trying to build its first store in Boston, on property along the Massachusetts Turnpike in Brighton, aiming to preempt a competing plan for a larger mixed-use development by shoemaker New Balance.
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