Education First plots East Cambridge HQ expansion
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May 26, 2011 by Elad Bushari · Leave a Comment
Education First is looking to build a 300,000-square-foot facility on state-owned land in Cambridge, and add 400 jobs at the site, expanding its Cambridge North American headquarters, State House News Service reports. The company, a privately held education services provider, already employs 650 in East Cambridge, along with thousands of others in 50 countries. Its [...]
Cambridge Condo Market Wrap Up – February 2011
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March 19, 2011 by Elad Bushari · Leave a Comment
The month of February ended with a total of 23 condominiums being sold with a total market value of $11,202,400 changing hands between buyers and sellers. The lowest sale was $247,000 at 764 Cambridge Street, #7 and the highest sale was $3,450,000 at 993 Memorial Drive, #603. The average sales price was $487,061 which was 93% [...]
Cambridge Condo Market Wrap Up – Week of February 13th to 19th
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February 22, 2011 by Elad Bushari · Leave a Comment
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Cambridge Condo Market Wrap Up – January 2011
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February 11, 2011 by Elad Bushari · Leave a Comment
The Cambridge real estate market was off to a fantastic start in 2011! The month of January ended with a total of 30 condominiums being sold with a total market value of $17,120,900 changing hands between buyers and sellers. The lowest sale was $209,500 at 16 Chauncy Street, #14 and the highest sale was $3,450,000 [...]
Magic Johnson firm hopes to jumpstart NorthPoint
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November 11, 2010 by Elad Bushari · Leave a Comment
A real estate investment fund co-managed by former Los Angeles Lakers superstar Earvin “Magic” Johnson’s company said that it is partnering with two other firms to move forward with the stalled NorthPoint mixed-use development in Cambridge. Canyon-Johnson Urban Funds, said it will work with HYM Investment Group, LLC, of Boston and Atlas Capital Group in [...]
Craigie Bridge is Scheduled to Close For a Month
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November 5, 2010 by Elad Bushari · Leave a Comment
As bridges go, the Craigie is not much to look at. From the roadway, it scarcely seems a bridge at all, just a long, flat stretch of pavement in the shadow of the Lechmere Viaduct. But as an artery between Boston and Cambridge, it is vital, carrying nearly 25,000 cars in each direction every day [...]
Third Square is Forced to Sell Condos
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July 1, 2010 by Elad Bushari · Leave a Comment
A dozen former and current MIT and Harvard University professors have won a suit against a developer who promised them units in a Cambridge luxury development. The professors filed suit in April 2009, claiming the developer, a joint venture of Equity Residential and Extell Development Corp., did not follow through on an agreement under which [...]
Supreme Judical Court Sides With NorthPoint Cambridge
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March 14, 2010 by Elad Bushari · Leave a Comment
The state’s highest court has sided with the state Department of Environmental Protection and rejected a bid to invalidate permits at NorthPoint, a Cambridge mega-project at the center of a lengthy legal battle. In a decision today, the Massachusetts Supreme Judicial Court backed the Legislature’s 2007 tidelands bill to issue exemptions from certain waterfront licensing [...]
Harvard to halt construction in Allston
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December 11, 2009 by Elad Bushari · Leave a Comment
Harvard University President Drew Faust announced Thursday a plan to “pause” construction of the school’s Allston Science Complex, starting this spring. The timeline for the delay will correspond with the completion of the project’s first phase, Faust stated in a letter to the university. “The altered financial landscape of the university, and of the wider [...]
