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
Marathon races to Hub's rescue
Boston Herald — April 16, 2010
With an estimated $122.7 million economic impact, Monday's 114th Boston Marathon will give a needed boost to Greater Boston’s sagging visitor industry as it kick-starts the spring tourism season.
Jobless rate falls, a first since '07
The Boston Globe — April 16, 2010
The state unemployment rate fell last month for the first time in nearly three years as Massachusetts employers added thousands of jobs, the clearest sign yet that the economic recovery is gaining strength, the state reported yesterday.
High on the high end
The Boston Globe — April 16, 2010
Boston's luxury condominium market, hard hit by the economic downturn over the last two years, is making a dramatic comeback that some say signals renewed faith in high-end real estate.
U.S. Economy: Housing Starts, Permits Rise as Builders Rebound
Bloomberg.com — April 16, 2010
Builders broke ground on more U.S. homes in March than anticipated and took out permits at the fastest pace in more than a year, a sign the weakest part of the economy has stabilized.
Verizon Breaks Ground On Technology Innovation Center In Waltham
Banker & Tradesman — April 16, 2010
Verizon has broken ground on its new technology innovation center in Waltham.
Boston's Race Day Depends On Marlborough Co.
Worcester Business Journal — April 15, 2010
As about 25,000 runners make the grueling trek on Marathon Monday from Hopkinton to Boston, Kevin Meany, vice president of technical services for Marlborough-based Versatile Communications, will be doing plenty of running around himself.
O pioneer!
The Boston Globe — April 15, 2010
LouisBoston president Debi Greenberg first approached developer Nicholas Pritzker about moving her store from its historic Back Bay location to the South Boston waterfront 12 years ago. The reaction was tepid. She was told they only wanted "high-end retail."
Tech incubator to launch at Fan Pier in July
Boston Business Journal — April 15, 2010
The first tenants to enjoy the views from the upper floors of the latest new office building on Boston's Fan Pier will pay no rent. The companies won’t generate much revenue, either.
Veteran Boston restaurateurs to open convention center site
The Boston Globe — April 14, 2010
When there isn't a conference going on at the Hynes Veterans Memorial Convention Center, there isn't much of anything happening in front of the granite behemoth that takes up an entire block of Boylston Street.
Commercial mortgage delinquencies spike in March
The Boston Globe — April 14, 2010
The delinquency rate for commercial mortgage-backed securities posted its largest increase ever in March, Moody's Investors Service reported Wednesday, blaming most of the gain from the collapse of a $5.4 billion housing deal in New York.
Texas Stadium Ends with a Bang, But the Site’s Future Remains a Mystery
National Real Estate Investor — April 14, 2010
With helicopters buzzing overhead, firemen standing watch and a loyal crowd lining the highway, Texas Stadium, home of the Dallas Cowboys for 38 years, was blown to bits on Sunday.
Wall Street ramps up hiring as profits rebound
The Boston Globe — April 14, 2010
Wall Street is hiring again. Among those in demand: traders of exotic financial investments such as derivatives, and risk managers whose job it is to keep companies from repeating the reckless bets that imploded and nearly toppled the financial system 18 months ago.
Mass. gold rush
Boston Herald — April 14, 2010
Major casino operators and American Indian tribes can't wait for the Bay State to approve expanded gambling, so they can compete for the pot of gold a casino license could bring.
Travel swells cost of housing
The Boston Globe — April 12, 2010
People who move to an outlying Boston suburb to find affordable housing or to get more house for their money often sacrifice the savings to higher transportation costs, according to a study to be released today by a national planning and land-use organization.
Colliers Meredith & Grew in the News
Liberty Mutual Unveils Back Bay Expansion Plans
Banker & Tradesman — April 9, 2010
Liberty Mutual kicked off the permitting process for its $300 million Back Bay expansion on Friday, filing a letter with the Boston Redevelopment Authority that outlines plans for a 22-story tower.
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