Local real estate experts remain bullish about the Greater Boston market but stressed the need for workforce housing and warned of a potential luxury residential glut.Leasing is going well, capital is flowing, and there are few signs of distress locally, according to Peter Merrigan, CEO of Taurus Investment Holdings, a Hub real estate investment and development firm.“It’s the best of all times,” Merrigan said at yesterday’s RealShare Boston real estate conference.“This certainly feels like a high-water mark for me,” said John Hynes III, CEO of Boston Global Investors. “I’m talking Continue reading >>>

In the second day of deliberations on the Greater Boston casino license, Wynn Resorts earned the top scores in the economic development and project overview reviews, while rival applicant Mohegan Sun came out on top in the mitigation category, which covers plans to address traffic. With the scores in all five categories now public, Wynn, which won the finance review Monday, has earned top score in three categories. Continue reading below Mohegan Sun has won two, after earning an edge in the building and design review Monday. On Tuesday, Commissioner Gayle Cameron rated Mohegan Sun sufficient/very Continue reading >>>

A note from our editor. We made four significant errors in the reporting and editing of our 2014 lists of Greater Boston’s best public and private schools. As a result, we have updated the rankings online, and will be publishing a corrected list of the top private schools in the October issue of Boston magazine. When our list was published, numerous schools contacted us to point out these errors, and we thank them for their vigilance—and we also apologize to the schools, and to our readers, for the errors. To be clear, these were errors on the part of Boston magazine’s staff—not an attempt Continue reading >>>

New Jersey-based Partners Pharmacy is expanding its operations in Marlborough after signing a 10-year lease on Cedar Hill Street, according to both the company and the broker, Greater Boston Commercial Properties of Marlborough.Marc Altholz, executive vice president of marketing and business development for Partners, said the business leased an additional 18,000 square feet at 165-181 Cedar Hill St. after it outgrew its 6,000-square-foot space in the same location. Partners, which is unrelated to Partners Healthcare of Boston, will now occupy space on the first floor, and maintain some Continue reading >>>

Gaming panel also raises concerns about Wynn tower The Massachusetts Gaming Commission, which began comparing the two companies vying for a Greater Boston casino license on Monday, raised concerns about the design of the proposed Wynn Resorts hotel tower in Everett and voiced strong reservations about the marketing and financing of the Mohegan Sun proposal for Revere. The reservations about the Mohegan Sun proposal seemed serious. Commissioner Enrique Zuniga, who was charged with leading a team looking at the finances of the two casino developers, said Mohegan Sun had failed to realize the Continue reading >>>

The first of at least a week’s worth of Massachusetts Gaming Commission meetings was held Monday, kicking off discussions that will lead to a decision about where a Boston-area casino should be built. The board will meet every day this week, and could rule by Friday on whether to award a casino license to Mohegan Sun or Wynn Resorts, which are respectively bidding to build in Revere and Everett. Meetings are also scheduled, if necessary, into early next week. Individual board members have been tasked with giving a comprehensive look at the aspects of each proposal and presenting them to the Continue reading >>>

The Massachusetts Gaming Commission Monday began a final review of the two competing proposals for a resort casino in greater Boston.    The proposed design of Mohegan Sun’s $1.1 billion dollar casino in Revere received a more positive evaluation than did Wynn Resorts’ proposed design for a casino in Everett.  But Wynn’s $1.6 billion dollar project was found to be more  financially sound. Both projects will be judged in several categories before the commissioners begin their final deliberations and possibly vote by weeks end to award a license. Commissioner Continue reading >>>

Rob Williams GREATER MEDIA/BOSTON VP/Market Manager ROB WILLIAMS has been named to the UNIVERSITY OF MASSACHUSETTS CENTER FOR COLLABORATIVE LEADERSHIP Board of Advisors. The board helps shape the vision, mission and strategy of the center. promoting collaboration between the center, GREATER BOSTON businesses, as well as the nonprofit and government sectors. "We are delighted that ROB will be bringing his expertise, talents and passion to Continue reading >>>

The Massachusetts Gaming Commission has a lot to consider when it begins hearings Monday on the two competing proposals for the sole Greater Boston casino license. At first glance, the two look very similar. Both promise about 4,000 jobs, 500 hotel rooms and about $1 billion in casino revenue. But as you dig into the plans, you start to see distinct selling points for each proposal, and how the developers, Mohegan Sun and Wynn Resorts, are making their case. Mohegan Sun Seeks To Fit Into Community The Mohegan Sun proposal in Revere would be next to Suffolk Downs, the 79-year-old thoroughbred racetrack Continue reading >>>