Boston 2010 Real Estate News

Boston Property News

Saturday, March 31, 2012

Patients at Boston hospitals get free housing in Brighton Read more: Patients at Boston hospitals get free housing in Brighton

There are many families around the world who travel to Boston for extensive or specialized health care, but do not have the money for an extended stay at a hotel.That’s where Hospitality Homes comes in.
The Boston-based non-profit has volunteer host homes in several Boston suburbs as well as a permanent apartment in Reservoir Towers in Brighton owned by Gerald Schuster, a Boston-area philanthropist and president and CEO of Continental Wingate Company.
Schuster and staff members at Hospitality Homes estimate the Reservoir Towers apartment, located between Chestnut Hill Ave. and Commonwealth Ave., has hosted about 70 different families since 2003.
“It’s been a wonderful relationship over the years,” said Schuster. Today, a couple from Kentucky is settling in to the apartment as the wife prepares to undergo cancer treatment at Brigham & Women’s and Dana-Farber.

Friday, March 30, 2012

Photo Release -- Group Boston Real Estate Named Exclusive Agent for Clippership Wharf

Clippership Wharf is ideally located on the burgeoning East Boston waterfront with unsurpassed views of Boston Harbor and the Boston Skyline. The property has superior access to public transportation with the newly renovated Maverick Square MBTA subway station located adjacent to the entrance to the property, providing access to downtown Boston and Logan Airport. With the Boston apartment market strengthening rapidly, the project owner Winn Development, is looking to capitalize on the strong demand for multifamily development in Boston.

Michael Carucci, Managing Partner of Group Boston Real Estate, said, "We are pleased to have the opportunity to assist Winn with this exciting project. With the property's impressive views and superior access to transportation, coupled with the city of Boston's renewed support for the East Boston waterfront, Clippership Wharf is poised to become a signature development in the revitalization of East Boston."

Aaron Wolfe, Vice President of Group Boston Real Estate, said, "East Boston represents one of the final frontiers in the transformation of the Boston Waterfront. With the ground breaking of the Fan Pier and Pier Four scheduled in 2012, South Boston's water front is now largely established creating significant potential in East Boston."

Clippership Wharf is located just off Maverick Square and the Jeffries Point neighborhood. Upon completion, Clippership Wharf will be one of metropolitan Boston area's premier apartment communities, with spectacular views of Boston and the harbor. With the prospect of a major casino development at Suffolk Downs, the economic incentives to redevelop East Boston's aging infrastructure are higher than ever.

Monday, July 5, 2010

Home buyers race to beat credit deadline

With thousands of dollars at stake, homeowners and prospective buyers across Massachusetts are scrambling to close real estate deals in time to beat Wednesday’s deadline for a home buyers tax credit.

Lenders are adding extra staff and some local registries of deeds are postponing vacations, anticipating a rush of lawyers seeking to record home sales for their clients. The National Association of Realtors estimates that as many as 180,000 home buyers across the United States may miss the cut-off date.

Some, realizing they cannot finalize purchases in time, have already backed out of deals. Others are counting on lawmakers in Washington, D.C., to extend the deadline for the federal tax incentive, which was intended to jolt the dormant housing market by enticing prospective buyers with up to $8,000.

“It is crunch time,’’ said Kevin Sears, president of the Massachusetts Association of Realtors and co-owner of Sears Real Estate in Springfield, which has two pending deals in jeopardy. While the majority of buyers will meet the deadline, Sears said, others are frantic.

Thursday, January 14, 2010

Boston Properties says co-founder and Chairman Edward Linde died of pneumonia at 67

Boston Properties says CEO Linde died Sunday

BOSTON — Real estate investment trust Boston Properties Inc. said that co-founder and CEO Edward Linde died Sunday from complications of pneumonia.

Chairman Mortimer Zuckerman has taken over as CEO, the company said in a press release late Sunday.

Linde founded Boston Properties in 1970 with Zuckerman. Linde is a former president of Boston Properties, and his son Douglas is currently president of the Boston company. Linde was 67, according to the company’s Web site.

The company’s properties include Times Square Tower and Citigroup Inc.’s headquarters in New York. Boston Properties was part of a group of investors that bought the General Motors Building in New York City in 2008. It has a majority stake in the building and maintains the property.

Zuckerman is also publisher of the New York Daily News, and Chairman and Editor-in-Chief of U.S. News & World Report.

Wednesday, January 13, 2010

ICA Boston Appoints Helen Molesworth Chief Curator

BOSTON—The Institute for Contemporary Art (ICA) has named Helen Molesworth as its new chief curator. She arrives at the ICA after serving as the head of the department of modern and contemporary art at the Harvard Art Museum. Some of her exhibitions at Harvard have included “Long Life Cool White: Photographs by Moyra Davey” and “ACT UP New York: Activism, Art, and the AIDS Crisis, 1987-1993.” She also recently organized Hauser & Wirth’s reinterpretation of Allan Kaprow’s seminal Yard happening with William Pope.L, Josiah McElheny, and Sharon Hayes. Prior to joining Harvard, Molesworth was chief curator of exhibitions at the Wexner Center for Arts in Columbus, Ohio. She holds a Ph.D. in the history of art from Cornell University.

WELLINGTON, New Zealand—The New Zealand Museum has named Michael Houlihan as its new chief executive officer. He replaces Dr. Seddon Bennington, who died in July of last year. Houlihan’s past museum experience includes positions at the Imperial War Museum, the Horniman Museum in London, and the National Museums and Galleries of Northern Ireland, where he served as the network’s first chief executive.