News: Owners Developers & Managers

Urban Design's Forbes Park has a 50% presale on eco-friendly condos

Despite continued reports of a condominium market in decline, summer sales activity at Forbes Park has told a much different story, proving that sometimes it pays to be different. Beginning in the late spring, the project's developers began offering their waterfront eco-friendly lofts at the former print production factory complex. They have reserved 30 of the for-sale lofts. The success of the pre-construction campaign allowed the project construction lender, Amalgamated Bank of Washington, DC, to release all of the funds required to complete the 64 for-sale lofts in phase one. Urban Design & Development is the designer and developer of the Forbes Park project. The live/work lofts at Forbes are indeed unlike anything currently in the Boston area condominium market. The 18-acre property, located where the Chelsea River meets the Mill Creek, reuses and recycles the former industrial buildings and is carefully designed and built to conserve resources, restore the natural environment and capture the earth's renewable energy. In addition to energy efficient initiatives that include a 600KW on site wind turbine that will supply most of the community's needs, Forbes also features units built almost entirely of durable, natural and renewable materials.
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btone FITNESS opens at RJ Kelly’s 40 Warren St. in Charlestown, MA

Charlestown, MA According to RJ Kelly (RJK), btone FITNESS Charlestown has officially opened at 40 Warren St. The new 1,500 s/f studio is the growing brand’s latest franchise to open and joins several other greater Boston locations including those in Back Bay,
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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,
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
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