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
Jobs surge latest sign of upswing in Mass.
The Boston Globe — May 21, 2010
The economic recovery in Massachusetts gained traction in April, as employers added jobs at the fastest pace in nearly two decades and the jobless rate fell for the second consecutive month.
U.S. Stocks Plunge Most in Year; Treasuries, Euro Rally
Bloomberg.com — May 20, 2010
A weeklong rout in stocks deepened, with U.S. benchmark indexes losing the most in more than a year, as reports cast doubts about the strength of the economic recovery and European leaders struggled to contain the region’s debt crisis. Commodities plunged and Treasuries soared.
Fan Pier builder's strategy: Show off
Boston Herald — May 19, 2010
It might have seemed strange to see a juggler on Fan Pier tossing yellow spools in the air yesterday, but to Joseph Fallon it made sense.
City will develop ‘Innovation District’
The Boston Globe — May 19, 2010
Boston Mayor Thomas M. Menino told a business audience yesterday that the city intends to develop 1,000 acres on the South Boston Waterfront and the Marine Industrial Park into an “Innovation District,’’ and that the venture capital firm Spencer Trask & Co. will launch a start-up competition in July that will award $25,000 to a business that locates there.
State gets tough on tribal casino - Will demand refund on Route 24 upgrades
Boston Globe — May 19, 2010
Governor Deval Patrick’s administration, taking a hard line on the proposed tribal casino in Fall River, said yesterday it will demand repayment of nearly $35 million in taxpayer funds for a highway ramp off Route 24 if the city builds a gaming complex there instead of a long-planned biotechnology park.
East Boston Waterfront, Mattapan Health Center Projects Move Forward
Banker & Tradesman — May 19, 2010
The Boston Redevelopment Authority has approved projects for a mixed-use residential development on the East Boston waterfront and a community health center in Mattapan.
Lowell General Hospital celebrates launch of $95M expansion
Lowell Sun — May 19, 2010
In the shadow of the buildings where physicians and nurses are busy ministering to patients, a large crowd of benefactors sipped sparkling wine under a tent and spoke of the future of Lowell General Hospital.
Quality is the strategy
The Boston Globe — May 18, 2010
As the recession tightened its grip and ambitious developments were stalling from the Back Bay to Downtown Crossing, Boston Properties built one of its most ambitious projects yet.
UMass buys former Bayside Expo site
Boston Business Journal — May 17, 2010
The University of Massachusetts Boston announced Wednesday it has finalized the purchase of the former site of the Bayside Expo Center in Dorchester.
Spring revival on Newbury Street
The Boston Globe — May 17, 2010
Boston’s most coveted retail address is back on the map.
High-end spenders again indulge urge to splurge
The Boston Globe — May 17, 2010
Claudia March has a taste for the finer things. She drives a 2010 BMW. For Gucci shoes and Prada handbags, she shops at Saks Fifth Avenue and Neiman Marcus. And the 38-year-old treated herself and her mother to a weekend at the Boston Park Plaza hotel for a spring getaway.
Coming up for air rights
Boston Herald — May 16, 2010
State officials say if the $500 million Fenway Center complex at Kenmore Square breaks ground this year, it would open the door to a second project above the Pike at Massachusetts Avenue.
Greenway planners shifting approach
The Boston Globe — May 16, 2010
As first envisioned, the Rose Fitzgerald Kennedy Greenway was to be adorned with a series of ultramodern buildings — a garden under glass, museums, and a gleaming YMCA — that would bring crowds to a welcoming open corridor traversing Boston’s core.
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