News: Owners Developers & Managers

Longtime New England Real Estate Journal friend Jack Otis passes away

Jack Otis passed away on August 30 and was a New England Real Estate Journal (NEREJ) friend for 50 years and a friend of NEREJ founder Rolly Hopkins for 65 years. Otis worked in the elevator industry starting with Otis Elevator Co. (no relation) and finishing his career with Advanced Elevator. He graduated in 1951 from Rivers Country Day School in Weston. He was captain of the football, baseball and basketball teams. Hopkins met him on the baseball diamond and they remained good friends ever since. Otis was a good golfer, a good father, a good athlete, and most important, a good husband.
MORE FROM Owners Developers & Managers

The Westin Portland Harborview to host exclusive VIP pop-up with The Woods Maine July 24–26

Portland, ME The Westin Portland Harborview will introduce an exclusive, limited-time pop-up shop with The Woods Maine, taking place July 24–26 in the city’s Arts District. This elevated retail experience brings The Woods Maine, the acclaimed Maine lifestyle brand behind the popular retail shop in Norway, Maine, directly to hotel guests and the local community.
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Columns and Thought Leadership
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
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,
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

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