It’s never easy to always stay in “the know” especially with work, kids, and tempting happy hours (not that Boston has any, but we create our own.) I refuse to let you guys wing it on your next coffee date so I’ve grabbed the most interesting stories in Boston, as well as nationally, and compiled them all to one spot: aka this blog. Get a quick idea how the presidential election will affect real estate, check out the new 256 condos becoming available in Boston, and get a quick status sneak peek of the Golf Coast oil spill. After reading, slap a smiley face sticker on your shirt for you officially in “the now.” You’re so cool…
Boston Real Estate News
Brandeis finishes equation by selling president’s home
“Brandeis University has sold its president’s mansion, fetching about $2 million for the historic Newton home which has been graced by the presence of such distinguished guests as Albert Einstein, Eleanor Roosevelt and the Dalai Lama.”
Millennium selling 256 Hub condos
“Being basically the first condo project in the ground (since the recession) and having availability is probably going to work out great for Millennium,” said Michael DiMella, managing partner at Charlesgate Realty Group. “But it’s still a lot of units, so it will be an interesting sign to see how buyers react.”
“Harvard University is readying a 10-year development plan for Allston that will feature nine new projects, including a new basketball arena, a refurbished football stadium, a hotel and conference center, and new business school buildings.”Harvard plans new arena, refurbished stadium, hotel
Foodie’s launches market in South Boston
“Foodie’s Market is hoping to cash in on South Boston’s boom with a $4 million store that the company plans to open on West Broadway soon.”
Marshalls preparing to open near Fenway Park
“The two-level discount store in the former Boston Billiard Club space will also have an entrance on Van Ness Street. Samuels & Associates bought the property last year for $3.5 million.”
National Real Estate News
New trial date set in fraud case
“The $142 million mortgage and securities fraud trial for Hendrix Montecastro, and his mother, Helen Pedrino, on Tuesday, Oct. 9, was trailed to Oct. 31 in Riverside County Superior Court.”
US foreclosure filings hit 5-year low in September
“U.S. foreclosure filings dropped to a five-year low in September as fewer homes were on track to be seized by lenders.”
Impact of Romney, Obama tax ideas tough to figure
“Romney says he will eliminate taxes on inherited wealth and abolish taxes on capital gains and investment income for couples making less than $200,000 a year.”
Land Sales Rising for First Time in Seven Years
“Spurred by a strong multifamily market and a stabilizing single-family market, land sales are (finally) on the rise again.”
Scientists, BP say Gulf oil sheen from drilling wreckage
“GULF OF MEXICO — Federal scientists and BP say oil appears to have leaked last month from the drilling wreckage lying at the bottom of the Gulf of Mexico near where a BP well blew out in 2010, causing the nation’s worst offshore spill.”
