News: Owners Developers & Managers

Founder's Message: Recession over?

I don't like to write about negative activities. Some great philosopher once said that the brain can only contain one thought at a time, thus we can think positive or negative. Our call. I choose positive. Rupert Murdock owns the Wall Street Journal. It headlines negative events everyday, a good way to start off your day depressed. It is the number one selling newspaper in the country. What does that tell you? He also owns Barrons. Have you looked at that newspaper lately? All positive stuff. Start your day with a smile. Can't there be a happy medium? Yeah. A drunk fortune teller. Last September the Red Sox were leading the division by nine games. They lost on the final day. Last month the Yankees were leading their division by too many games. Today they lead by one. Someone is thinking negative. They will play each other next week. We will then find out who is thinking negative. I decided to do my own survey and make a few phone calls to people I respected to see what they felt about the long recession. "Is it over?" I asked them. Here are some of the results; you can draw your own conclusions. Several CEOs are now playing miniature golf. A stripper was injured when she was showered by rolls of pennies when she danced. One McDonald's restaurant is selling a 1/4 ouncer. Angelina Jolie adopted a child from America. A truckload of Americans was caught sneaking into Mexico. A picture is now worth 200 words. There's more, but you get the picture. The survey was about 50 - 50, but the positive answers weren't funny. What I really discovered is that many of us decided that since we had survived two to three years of hard times, the best plan was to think positive and go back to work. Study the market, reward the old customers, and then prospect for new ones. Recall how you began and copy that attitude. Smile until it hurts, and then smile some more. Recall the cliché: "Smile and the world smiles with you, cry and you cry alone." Negative energy is very contagious, so stay away from it. In my mind I choose to believe the recession is over so I still play on a regular golf course, hitting the ball as far as I can, looking for it, finding it, and then hitting as far as I can again. Sounds kinda stupid if you ask me. Tennis anyone? Smile. Roland Hopkins is founder of the New England Real Estate Journal, Norwell, Mass.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains