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Spring forward with caution - by David O'Sullivan
March 29, 2024
I always enjoy the onset of spring. It is a time of warmer weather, plants and trees starting to show signs of life and an overall anticipation by everyone of enjoying the outside. I wish the real estate and development industry was so easy to predict as the coming of spring. We have a Fed meeting
Making sense of uncertain markets - by Bill Pastuszek
March 29, 2024
This New England winter has been less than satisfactory. It’s New England, right? What about the noble winters of yesteryear: snowstorms, freezing rain, skiing, epic shoveling, staking out parking spaces in the city, and dead batteries? Instead, the weather never made up its mind. Thus, the
Using IRC Section 121 the “Principal Residence Exclusion” and IRC Section 1031 tax-deferred exch...
March 29, 2024
Internal Revenue Code (IRC) Section 1031 allows a property owner, who holds property for “the productive use in a trade or business or for investment”, to defer paying capital gains taxes if a property owner sells such property, identifies like-kind property within forty-five days of the
Maugel DeStefano Architects completes operating and
central sterilization suites at Sturdy Memor...
March 29, 2024
Attleboro, MA Maugel DeStefano Architects has completed a five-phased renovation project at Sturdy Memorial Hospital. The multi-year renovations transformed the hospital’s facilities and enhanced patient care and staff efficiency. This last phase of the project concluded
Pouladians of North Shore Realty Advisors Inc. complete sale of 55 Broad Street apartments for $4.2 ...
March 15, 2024
Lynn, MA North Shore Realty Advisors Inc. has compelted the sale of 55 Broad Street Apartments. This particular property has not been available for sale since 1975 where the client
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RIAR reports single-family home sales increased for the first time in over two years
March 22, 2024
Warwick, RI The Rhode Island Association of Realtors reported that February sales of single-family homes experienced the first year-over-year increase in over two years. Despite the 13% uptick in sales from February of last year, which followed a drop in
West Shore acquires Cirrus at Aqua in Bradenton
March 15, 2024
Bradenton, FL West Shore, a fully integrated real estate investment firm with a specific focus on the acquisition and management of multifamily assets throughout the southeastern
Project of the Month: Connolly Brothers completes 52,000 s/f
design-build fit-up project for Ca...
March 22, 2024
Milford, MA Connolly Brothers Inc., a construction management firm serving private commercial, industrial and institutional clients, has completed a 52,000 s/f design-build fit-up project for Calare Properties. The facility will serve as a new Commonwealth of Massachusetts 911 Public Safety Answering Point
Springfield water treatment plant to go forward without project labor agreement - by Joe Camilo
March 22, 2024
I’m pleased to say that I’ll be using this month’s message to convey some good news. Last month, I wrote about the Springfield Water and Sewer Commission’s split decision to use a union-only project labor agreement to build the $325 million West Parish Water Treatment Plant. But as of the end of February, I can report that the project has gone out to bid without the PLA.
Dakota DesignStaff, Inc. celebrates 30 years
March 22, 2024
Woburn, MA Dakota DesignStaff, Inc. has reached a significant milestone of 30 years in business. Founded in 1993 by architect John Donahoe, AIA and now led by president, Eric Wright, Dakota has established itself as a trusted boutique architect’s staffing agency serving the Boston/New England A/E/C marketplace.
Contractors, beware: General liability insurers wrongfully denying claims for damage by defective su...
March 22, 2024
As a contractor, you are familiar with working together with subcontractors – delegating project scope as part of the overall job. However, when a subcontractor’s work is defective, who is liable for the damage? This is not an unfamiliar issue to contractors – more than likely you have responded to one or more claims
Walker Development expands D9 division
March 22, 2024
Marlborough, MA Walker Development & Construction Management, Inc. has expanded its self-performing division, D9 Construction Services. “As our company continues to flourish and offer top-rated construction management services, so has the evolution of our self-performing team.
Haggstrom named director of sustainability at JCJ
March 22, 2024
Hartford, CT JCJ Architecture (JCJ) has appointed experienced senior project architect and sustainability advocate, Eric Haggstrom, AIA, LEED AP, to take over the role of director of sustainability. An architect with 15 years of experience in projects ranging from civic, higher education, healthcare, and K-12 education
JC&A, Boston Properties, BR+A Engineers and Perkins+Will complete facility for Lyra Therapeutics
March 22, 2024
Waltham, MA J. Calnan and Associates (JC&A) celebrated the grand opening of a new facility at 880 Winter St., for Lyra Therapeutics, a clinical-stage biotechnology company dedicated to addressing unmet medical needs in chronic rhinosinusitis (CRS).
The Davis Cos., TOCCI, and RODE Architects celebrate Women in Construction Week
March 22, 2024
Brighton, MA On March 6, The Davis Companies (Davis), TOCCI, and RODE Architects came together at 1515 Commonwealth Ave. to celebrate Women in Construction Week. The event featured speakers from each of the project partners discussing their career paths
Dellbrook|JKS hosts Annual Company Meeting
March 22, 2024
Foxboro, MA On March 7th, Dellbrook|JKS gathered over 200 employees at Gillette Stadium’s Optum Field Lounge for its Annual Company Meeting – a night dedicated to reviewing the past year’s successes while charting the course for the firm’s future endeavors.
Chapman Construction begins install of 800MW Vineyard Wind 1 project’s electrical service
March 22, 2024
Sandwich, MA Chapman Construction Group, Inc. (CCGI), has been awarded and is underway with construction operations associated with the completion of offshore construction, installation and commissioning of the 800MW Vineyard Wind 1 project’s electrical service platform (ESP).
PWC CT awards four professionals for outstanding contributions to A/E/C industry
March 22, 2024
Rocky Hill, CT On Tuesday, March 5th, the Professional Women in Construction Connecticut Chapter (PWC CT) held their first event of the new year, where they awarded four recipients with professional achievement awards for their outstanding contributions to the A/E/C industry.
VBA Construction Managment expands New Leaf Energy’s headquarters
March 22, 2024
Lowell, MA New Leaf Energy, a renewable energy developer, needed to quickly expand and remodel their headquarters to meet the needs of their growing team and business. They chose VBA Construction Management to deliver the fast-moving and complex-schedule project that included a 4,000 s/f expansion in a total project area of 17,500 s/f.
Mayor Smiley, secretary of transportation Buttigieg, state and federal officials break ground on Woo...
March 22, 2024
Providence, RI Mayor Brett Smiley hosted U.S. Secretary of Transportation Pete Buttigieg, senator Jack Reed, senator Sheldon Whitehouse, congressman Gabe Amo (RI-01), congressman Seth Magaziner (RI-02), governor Dan McKee,