Nasty storm makes rush hour nightmare in Boston area

BOSTON — Last night's heavy snow that intensified during rush hour made the trek home a nightmarish one for many commuters on the roads and on the rails across the city of Boston and beyond. Travel speeds on many of the major thoroughfares around Greater Boston were averaging 10 MPH or less for hours as drivers carefully traversed snow packed roads. Portions of Storrow Drive were briefly closed yesterday due to the snowy conditions. Many drivers reported unplowed roads all across the Greater Boston area during rush hour, including highways like the MassPike. The MBTA experienced delays on Continue reading >>>

Business Digest for 12/18/13 – Framingham, MA – The MetroWest Daily News

Follow Daily News Business Editor Bob Tremblay on Twitter @Bob Tremblay_MW. O’Brien completes lease transaction in Franklin Bret O’Brien of Greater Boston Commercial Properties in Marlborough recently represented the owner of 10 Liberty Way in Franklin in a 55,023-square-foot lease transaction. O’Brien previously leased Taylor Exhibition Services Inc. 37,536 square feet at 10 Liberty Way in 2009, and the 17,487-square-foot balance of the building to iCandy Favors LLC at the same time. The new deal with Taylor was an extension of the original lease that expired Nov. Continue reading >>>

Mohegan Sun chief: Casino law just fine as is

The head of Mohegan Sun, competing with Vegas magnate Steve Wynn for the sole Greater Boston casino license, told the Herald he thinks the state’s gaming law is just fine — showing a sharp distinction from Wynn’s view that the Bay State’s gaming law needs changes before it is conducive to successful casinos.“I think everybody who got into this process had the opportunity to review the law before we began doing anything, and so I don’t know why all of a sudden you would feel that there’s things that you don’t like,” Mohegan Sun CEO Mitchell Etess told the Herald. “We went into Continue reading >>>

Today in Photos (12/16/2013)

A Song of Ice and SnowThe Greater Boston Area experienced heavy snowfall this past weekend. Some inbound and outbound flights were postponed due to the severe weather. Sec 377 rallyProtestors rally against the Sec. 377 of the Indian Penal Code against homoesexual activities in Harvard Square, Sunday, Dec. 15, 2013, which the Supreme Court of India reinstated on Dec 11, 2013. Barry's CornerUniversity President Drew G. Faust, third from left, and Boston Mayor Thomas M. Menino, third from right, join Allston community members on Friday to ceremonially break ground on Barry’s Continue reading >>>

Acting gov sends state employees home before storm commute

Acting Gov. William Galvin announced at 12:45 p.m. that non-essential state employees may leave work at 1:30 p.m., citing the snowstorm that began moving into the Boston area around noon. Galvin also encouraged private sector employers to consider releasing their employees in an attempt to give them enough time to reach home by 4 p.m., when he predicted the storm’s intensity will make travel more difficult. In his full statement, Galvin said, “Because of deteriorating weather conditions I have made a determination to release all non-emergency state employees Continue reading >>>

Non-emergency state employees sent home early

Because of deteriorating weather conditions, Secretary of the Commonwealth William Galvin made a determination to release all non-emergency state employees early at 1:30 p.m. today. Galvin also asked private employers in the Greater Boston area to consider releasing their employees earlier in order for them to reach their homes by 4 p.m. when the intensity of the storm in likely to make travel difficult. As an alternative, travel could be deferred until after 7 p.m. MBTA service will be provided this afternoon. The HOV lane will be open at 1:30 p.m. The City of Newton Continue reading >>>

Non-Essential State Employees Sent Home at 1:30 Due to Weather

BOSTON (WGGB/AP) — All non-essential state workers are being sent home early as a snowstorm bearing down on Massachusetts gathers in intensity. Massachusetts State Secretary William Galvin, who is serving as acting governor while Gov. Deval Patrick wraps up a trade mission in Asia, is also asking private employers in the greater Boston area to consider releasing their employees early. Galvin said additional MBTA service will be provided and the Southeast Expressway’s HOV lane will be open at 1:30pm. The National Weather Service says Boston, the metro Continue reading >>>

9.3 Percent Vacancy Rate Indicates Greater Boston Biotechnology Real Estate …

BOSTON, Dec. 16, 2013 /NEWS.GNOM.ES/ –Transwestern | RBJ today announced it published “bioSTATus – Winter 2014,” the firm’s semi-annual report on Greater Boston’s biotechnology real estate market. According to the report, vacancy in the region’s biotechnology real estate market dropped to 9.3 percent. The vacancy rate during the two-quarter reporting period (ending Sept. 30, 2013) is down from the preceding period’s 10 percent level, which is widely held to be the indicator of a strong market. During the current period, Continue reading >>>

Setting a course for the city’s economic future

When Marty Walsh takes office next month as Boston’s mayor, he will face important decisions related to the city’s economic future. Under Tom Menino, Boston has seen strong growth in population and jobs, the evolution of an “innovation” economy and city district of the same name, key industries thriving in the wake of recession, and a development boom that has construction cranes rising everywhere. Menino is leaving the city on a strong economic footing. The challenge for Walsh will be to determine how best to sustain and build on the city’s growth, particularly in light of increasing Continue reading >>>