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
Census Hiring Bolsters U.S. Payrolls
The Wall Street Journal — June 4, 2010
The U.S. economy added jobs in May at the fastest pace in a decade but the gains were inflated by temporary government hiring for the 2010 Census and weren't enough to bring unemployment down much.
Developer default stalls $200m Greenway project
The Boston Globe — June 4, 2010
Another major development planned for downtown Boston is in trouble, as Massachusetts officials try to remove the designated developer of a stalled $200 million office and retail complex on state land at the edge of the Rose Fitzgerald Kennedy Greenway.
Boston-Area Housing Market Rises With Economic Tide
Banker & Tradesman — June 3, 2010
Boston-area real estate demand has seen a resurgence as buyers show increased confidence about the economy and job security, real estate professionals and economists said.
Binney Street project gets key nod
Boston Business Journal — June 3, 2010
Alexandria Real Estate Equities Inc. has secured a key zoning endorsement from city officials for its 1.5 million-square-foot buildout of the so-called Binney Street corridor in East Cambridge.
Chiofaro's ambitions grow
The Boston Globe — June 3, 2010
As part of his proposed redevelopment of the Harbor Garage, developer Donald J. Chiofaro wants to redesign a portion of neighboring New England Aquarium by incorporating its IMAX theater into a glittery atrium at the base of his two-skyscraper complex.
Catapult shoots MathWorks into the future
Metrowest Daily News — June 2, 2010
They wheeled the catapult into range, loaded it and fired a 10-pound block of ice smack into a wall, which sent up a cheer from the gathered crowd.
Massachusetts business confidence returns to positive territory
The Patriot Ledger — June 2, 2010
A broad range of Massachusetts employers are finally optimistic about their prospects again after spending at least two years in the doldrums.
Economy benefiting from building and manufacturing
The Boston Globe — June 1, 2010
The economic recovery is gaining strength from the biggest rise in construction spending in nearly a decade and the 10th straight month of expansion for manufacturers.
Durst, Related in WTC Bid
The Wall Street Journal — June 1, 2010
Two well-respected but very different New York developers are going head to head for the right to buy into One World Trade Center, the 1,776-foot-tall office tower that will define the rebuilding of Ground Zero.
What a bigger convention center could mean to Boston
The Boston Globe — May 30, 2010
James Rooney wants to make Boston one of the nation’s premiere convention destinations. As executive director of the Massachusetts Convention Center Authority, he is proposing to accomplish that through a dramatic expansion of the six-year-old Boston Convention and Exhibition Center.
Port of Boston getting $26 million in upgrades
The Boston Globe — May 29, 2010
The Port of Boston is completing $26 million in upgrades aimed at making it a more hospitable and efficient place for cruise passengers and cargo shippers.
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