|
|
Archive for November, 2006
Apparently, the Chinese government isn’t pleased with our ever-increasing national debt. [S]tocks were down sharply Monday largely because of a slump in the dollar … The big news Friday was not how much shoppers were spending at stores, but that China — a huge backer of U.S. debt — may cut back on purchases of [...]
11/27/06 |
Leave a comment »
You know, the first time I saw the Alexandra Hotel, it must have been around 1986, or so. It was a complete dump, even then. Now, 20 years later, it still stands, a wreck. The city of Boston has attempted to get the owner to either fix it up or sell it, with little success. [...]
11/27/06 |
Leave a comment »
Notice that nowhere in this story is a real estate agent mentioned. Fortunately. Question: “I have been offered a tremendous deal — a house that appraises at $364,000 that I can buy for $294,000, with 100 percent financing, and the builder will pay all my closing costs … I can afford the payment for only [...]
11/27/06 |
Leave a comment »
Parcel 7 is a space above the Mass Pike that is being sold by the Turnpike Authority for development. John Rosenthal, local developer and anti-gun activist, had been promoted by the city as the best person to buy it and develop it, into a mixture of office and residential space. The Turnpike Authority has instead [...]
11/27/06 |
Leave a comment »
There’s a plot of land at the corner of Commercial Street and “Joe Tecce Way” (?) that seems ripe for development. On the site is a tennis court, rarely used (is it gone, in fact?), a three-story building (most recently occupied by Roche Bobois), and a couple parking lots. The perfect site for a residential [...]
11/27/06 |
Leave a comment »
From the Globe: If home shoppers are frustrated by the lack of bargains in the real estate market, they might want to follow John Pesa’s lead. Pesa was a bulldog of a buyer. When sellers would laugh at his outrageously low offers, he would counter with a lower figure. He would dig up information on [...]
11/27/06 |
Leave a comment »
One of the “most emailed” stories on Boston.com today? The $250,000 parking space, of course! As parking spaces go, it’s nice enough. While it’s outdoors, the smooth brick paving is immaculate. But is it worth $250,000? That’s what an anonymous buyer paid in April for a prized spot tucked in the alley behind 31-33 Commonwealth [...]
11/27/06 |
Leave a comment »
Frank McCourt, previously the owner of large parcels of land down in the Seaport, has sold off most of his land, the bulk of it to News Corp., as part of a deal he made when he acquired the Los Angeles Dodgers (that was a mouthful). Last week, he sold off the remainder (except for [...]
11/27/06 |
Leave a comment »
Apparently, the new Residences at the InterContinental are popular with Boston’s movers and shakers. Among those moving into the Residences at the InterContinental at 500 Atlantic Ave. are University of Massachusetts at Boston professor, art historian, and Monet authority Paul Hayes Tucker and his wife, marketing analyst Maggie Moss-Tucker, who paid $1.875 million for a [...]
11/27/06 |
Leave a comment »
I just report the news, I don’t make it! The worst of the housing bust is over, economists said by nearly 2-to-1 in the latest WSJ.com [Wall Street Journal] economic forecasting survey. But they still predict that the average selling price of a house will fall next year. “We’re nearing the end of the slowdown [...]
11/23/06 |
Leave a comment »
|
|
|