Boston Business News
BUSINESS NEWS
Transformation of 399 Washington Street in Boston
News Summary The historic 399 Washington Street in Boston, once home to a Barnes & Noble, is set for a significant transformation after being vacant since 2006. New owners Hudson...
Braintree Welcomes New Ice Cream Emergency Truck
News Summary The Ice Cream Emergency Truck, owned by Matt and Katherine Montmeny, has quickly become a summer staple in Braintree. Offering a wide variety of sundae flavors and toppings,...
Boston to Welcome New Quantum Computing Research Hub
News Summary Nvidia is set to establish the Nvidia Accelerated Quantum Research Center (NVAQC) in Boston by the end of 2025. This center will collaborate with prestigious institutions like Harvard...
Growing Interest in Gun Ownership in Greater Boston’s Black Community
News Summary In Greater Boston, a rising number of African Americans are embracing gun ownership as a response to concerns over safety and trust in law enforcement. A recent firearms...
Boston’s Culinary Scene Faces Shocking Closures
News Summary Boston is experiencing a difficult month as several beloved restaurants close their doors, including the iconic Twin Donuts and Guy Fieri’s Kitchen. With closures in various neighborhoods, food...
Bagel Buzz and Restaurant Closures in Boston
News Summary Boston’s food scene is vibrant with news of PopUp Bagels expanding to two new locations while Kiin, a Thai restaurant, nears its long-awaited opening. Amid these developments, Guy...
Boston’s Office Market Shows Resilience Amid Rising Vacancies
News Summary Despite a significant increase in vacancy rates to 17.1%, Boston’s office market continues to thrive with rising rents averaging $47 per square foot. While the national vacancy rate...
Boston’s Iced Matcha Latte Showdown: The Best Brews for Students
News Summary In Boston, iced matcha lattes are quickly becoming the go-to beverage for college students. This article reviews offerings from four local cafes near Northeastern University, evaluating taste, price,...
Boston’s One Lincoln Office Tower Sold for $400 Million
News Summary One Lincoln, a prominent 36-story office tower in downtown Boston, has been auctioned off for $400 million in a foreclosure sale. The sale marks a significant decrease from...
Finance
Boston’s One Lincoln Office Tower Sold for $400 Million
News Summary One Lincoln, a prominent 36-story office tower in downtown Boston, has been auctioned off for $400 million in a foreclosure sale. The sale marks a significant decrease from...
Boston’s One Lincoln St. Sells for $400 Million at Auction
News Summary In an unusual auction held on the sidewalk, Boston’s One Lincoln St. building was sold for $400 million, significantly lower than its previous mortgage value of $763 million....
Massachusetts Faces Job Cuts as Brightcove Lays Off Employees
News Summary Boston-based Brightcove, a prominent video streaming company, is set to lay off two-thirds of its U.S. workforce, affecting 198 employees, including 65 in Massachusetts. This decision follows the...
Boston Residents May Soon Breathe Easier with Proposed Change to Broker Fees
News Summary Governor Maura Healey has unveiled a proposal in her 2026 budget to eliminate renter-paid broker fees in Massachusetts. This initiative aims to alleviate the financial burden on renters,...
Brightcove Announces Major Layoffs Post Acquisition
News Summary Brightcove Inc., a leading video content cloud platform headquartered in Boston, is set to lay off 198 employees following its acquisition by Bending Spoons. The $233 million all-cash...
TD Bank to Close 38 Branches Nationwide, Six in Massachusetts
News Summary TD Bank has announced the closure of 38 branches across the United States, including six locations in Massachusetts, effective June 5, 2025. This move comes amid a focus...
Boston Life Sciences Real Estate Market in Turmoil
News Summary Boston’s life sciences real estate market is facing significant turmoil with a drastic increase in vacancy rates, climbing to 26.9%. The market, seeing over one million square feet...
SBA Moves Regional Office from Boston Amid Immigration Policies
News Summary The U.S. Small Business Administration (SBA) has announced its relocation from Boston’s Thomas P. O’Neill Jr. Federal Building, part of a broader strategy concerning sanctuary cities. As the...
Pawtucket Faces Uncertain Future as Hasbro Reports Revenue Drop
News Summary Hasbro, the iconic toy giant based in Pawtucket, Rhode Island, has reported a concerning 17% drop in revenue for 2024. The decline, attributed in part to the sale...
CONSTRUCTION
Boston’s Office Market Shows Resilience Amid Rising Vacancies
News Summary Despite a significant increase in vacancy rates to 17.1%, Boston’s office market continues to thrive with rising rents averaging $47 per square foot. While the national vacancy rate...
Developments Reshaping Real Estate in Boston’s South Shore
News Summary Boston’s South Shore real estate is experiencing transformative changes with significant multifamily developments and rising home prices. Projects like Hall Street Flats are drawing attention, alongside increased interest...
Boston Life Sciences Real Estate Market in Turmoil
News Summary Boston’s life sciences real estate market is facing significant turmoil with a drastic increase in vacancy rates, climbing to 26.9%. The market, seeing over one million square feet...
Hasbro Considers Moving Headquarters from Pawtucket to Boston
News Summary Hasbro, the renowned toy company, is weighing the possibility of relocating its headquarters from Pawtucket, Rhode Island, to a new site on Boston’s waterfront. With its current headquarters...
Marketing
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Real Estate
Transformation of 399 Washington Street in Boston
News Summary The historic 399 Washington Street in Boston, once home to a Barnes & Noble, is set for a significant transformation after being vacant since 2006. New owners Hudson...
Boston’s Office Market Shows Resilience Amid Rising Vacancies
News Summary Despite a significant increase in vacancy rates to 17.1%, Boston’s office market continues to thrive with rising rents averaging $47 per square foot. While the national vacancy rate...
Boston’s One Lincoln Office Tower Sold for $400 Million
News Summary One Lincoln, a prominent 36-story office tower in downtown Boston, has been auctioned off for $400 million in a foreclosure sale. The sale marks a significant decrease from...
Boston’s One Lincoln St. Sells for $400 Million at Auction
News Summary In an unusual auction held on the sidewalk, Boston’s One Lincoln St. building was sold for $400 million, significantly lower than its previous mortgage value of $763 million....
Developments Reshaping Real Estate in Boston’s South Shore
News Summary Boston’s South Shore real estate is experiencing transformative changes with significant multifamily developments and rising home prices. Projects like Hall Street Flats are drawing attention, alongside increased interest...
Boston Residents May Soon Breathe Easier with Proposed Change to Broker Fees
News Summary Governor Maura Healey has unveiled a proposal in her 2026 budget to eliminate renter-paid broker fees in Massachusetts. This initiative aims to alleviate the financial burden on renters,...
Ayer Mansion in Boston Hits the Market for $11.5 Million
News Summary The Ayer Mansion, the stunning historical residence designed by Louis Comfort Tiffany, is now for sale in Boston for $11.5 million. Spanning 15,000 square feet, this architectural marvel...
Major Changes Loom for Boston’s Office Market as Federal Street Complex is Up for Sale
News Summary The Rockpoint Group is putting its Federal Street office complex in downtown Boston on the market. Spanning 853,000 square feet, the complex is currently 71% occupied. This listing...
Cozy Coastal Retreat Hits the Market in Winthrop
News Summary A charming antique home in Winthrop has just been listed for $615,000. With two bedrooms, modern renovations, and proximity to coastal attractions, this home is perfect for small...
