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Boston’s miracle: how free nappies and a little mentoring are curbing crime

Boston’s miracle: how free nappies and a little mentoring are curbing crime

Detective Stacy Spell runs Project Longevity, a gang violence reduction initiative in New Haven. Photograph: Rob Schoenbaum Stacy Spell is trying to save lives. The 20-odd youngsters ranged in a semicircle in front of him are healthy enough. But most are on a path towards early death. “If any one of you drops a body, your whole group will be targeted,” Spell booms, pacing the room like a public defender in a courtroom. “Even if you weren’t there, we will come after you.” The youths don’t move. All have criminal records. Most sit slumped in their chairs. One man […]

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Real Estate

East Boston Housing Prices Toward The End of 2018 Average $500-Plus a Square Foot

East Boston housing prices toward the end of 2018 average $500-plus a square foot

Flickr The average asking price for a market-rate home in East Boston as of early December is $514 a square foot, according to an analysis from real estate research site NeighborhoodX . That places the fast-changing enclave pricing-wise between Jamaica Plain, where the average is $498 a square foot, and Chestnut Hill, where it’s $594 a foot, per NeighborhoodX research director Constantine Valhouli. (c) 2012-2018 NeighborhoodX Corp. All rights reserved.SOURCE: Proprietary analysis of current market-rate listings. Analysis excludes foreclosures andshort sales; income-restricted, affordable, or age-restricted housing; properties conveyed with arent-controlled tenant in place; properties primarily positioned as development sites, […]

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Real Estate

Rocket Insights Becomes an Anchor Tenant With New 5,000 Square Foot Office Space in Boston

Rocket Insights Becomes an Anchor Tenant With New 5,000 Square Foot Office Space in Boston

Unique space will enable Rocket Insights to occupy a single floor and support the company’s rapid growth in Boston BOSTON, December 3, 2018 (Newswire.com) – Rocket Insights, the Northeast’s leading digital transformation agency, today announced it has signed a 5,000 square foot, single floor lease at 87 Summer Street in Boston. With the new lease agreement signed, Rocket Insights will relocate from its current location at 330 Washington Street in early 2019. Rocket Insights will undertake a dramatic expansion with the move, growing well beyond the company’s existing footprint in Boston. The company’s new space in downtown crossing, or […]

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Real Estate

Housing, Retail May Sprout in Southie

Housing, retail may sprout in Southie

Credit: Matt Stone A development project in South Boston would bring 120 new housing units and commercial space. Charlie Damrell LLC is proposing to build a mixed-use building at 10 Damrell St., according to project documents filed with the Boston Planning & Development Agency. It would raze the existing building previously occupied by a warehouse and food storage facility. The site is within walking distance to the Andrew and Broadway T stations. Developers said in the filing the scope and scale of the project’s “residential component is intended to advance the housing creation goals” as part of Mayor Martin […]

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Real Estate

Boston City Hall At 50. From World’s Ugliest Building To Brutalist Masterpiece

Boston City Hall At 50. From World’s Ugliest Building To Brutalist Masterpiece

The construction of the Boston City Hall as seen from Scollay Square. In the mid-20th century, Boston was in a financial and cultural rut — and needed a jolt. Flush with $40 million in federal funds, the city cleared some 1,000-plus buildings — obliterating a historic but increasingly seedy and squalid neighborhood known as Scollay Square — to make way for a new government center. Its centerpiece was a dramatic new City Hall. It was a bold, ambitious statement by a city aiming to turn a corner. While it was not without controversy or detractors, the building was nevertheless […]

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Real Estate

Home of the Week: In Boston, a 3-bedroom unit near commuter rail for $649,000

Home of the Week: In Boston, a 3-bedroom unit near commuter rail for $649,000

This new Hyde Park town house features an open floor plan and red oak flooring. 4 Pine Ave., Unit 2, Hyde Park $649,000 Style: Town house Year built: 2018 Square feet: 1,905 Bedrooms: 3 Baths: 2 full, 1 half Sewer/water: Public Fee: To be determined Taxes: To be determined The MBTA charges $2 for parking at Readville Station, which is served by two commuter rail lines. But move into this new town house – or one of its three cousins – and you can walk the half-mile to the station. It’s an Energy Star home with high-efficiency heating and […]

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Real Estate

Traders Buy Boston Scientific (BSX) on Weakness on Insider Selling

Traders Buy Boston Scientific (BSX) on Weakness on Insider Selling

Traders bought shares of Boston Scientific Co. (NYSE:BSX) on weakness during trading hours on Monday following insider selling activity. $40.94 million flowed into the stock on the tick-up and $22.81 million flowed out of the stock on the tick-down, for a money net flow of $18.13 million into the stock. Of all stocks tracked, Boston Scientific had the 31st highest net in-flow for the day. Boston Scientific traded down ($0.45) for the day and closed at $36.36Specifically, EVP David A. Pierce sold 5,000 shares of the stock in a transaction dated Thursday, November 1st. The stock was sold at […]

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Real Estate

Boston Properties, Inc. (BXP) Receives Average Recommendation of “Hold” from Brokerages

Boston Properties, Inc. (BXP) Receives Average Recommendation of “Hold” from Brokerages

Shares of Boston Properties, Inc. (NYSE:BXP) have earned a consensus recommendation of “Hold” from the twenty ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $133.75. BXP has been the subject of several analyst reports. TheStreet raised Boston Properties from a “c+” rating to a “b-” rating in a […]

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Real Estate

Modular Building Growing in Popularity in Housing-Starved Boston Area

Modular building growing in popularity in housing-starved Boston area

Modular houses are constructed at the RCM Group plant in Saint-Benoit-Labre, one hour south of Quebec City. SAINT-BENOIT-LABRE, Quebec — At one end of a football-field-size plant 40 miles north of the Maine border, workers lay out boards and cover them with plywood to make a floor. At the other end, an 800-square-foot apartment — bathroom fixtures and all — is swaddled in protective wrapping and rolled out to the parking lot. In between, an intricate ballet of carpenters and electricians, plumbers and painters work above, below, and inside each apartment amid the thud of nail guns and the […]

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Real Estate

Boston Properties, Inc. (BXP) Shares Sold by Andra AP Fonden

Boston Properties, Inc. (BXP) Shares Sold by Andra AP fonden

Andra AP fonden lowered its position in Boston Properties, Inc. (NYSE:BXP) by 16.7% during the third quarter, Holdings Channel reports. The fund owned 44,900 shares of the real estate investment trust’s stock after selling 9,000 shares during the quarter. Andra AP fonden’s holdings in Boston Properties were worth $5,527,000 at the end of the most recent quarter. Other institutional investors have also recently modified their holdings of the company. Summit Trail Advisors LLC boosted its holdings in Boston Properties by 11,571.4% in the first quarter. Summit Trail Advisors LLC now owns 189,661 shares of the real estate investment trust’s […]

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