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Archive for June, 2006


New homes spring up in Kendall Square

Kendall Square is an awesome place to live and work, in my opinion. Not very convenient to a supermarket, but, otherwise, you’ve got the best of all worlds. Easy walking distance to work, downtown Boston, the movies, the Charles River, the mall. Just about everything.
Several apartment and condo developments are under construction, [...]



Insurance coverage: does your condo association have enough?

This is from the New York Times. Read it. Then, if you live in a condo, call the trustee of your building to find out what your building’s insurance policy will cover. Then, call your own insurance company, to see what your own insurance policy will cover.

[O]wners should check to see how [...]



Why there is no Fourth Avenue in New York City

Hmm. From the “you don’t probably care, but it’s good to know” files, comes this bit of information:
In 1811, the city created Fourth Avenue, along which commercial and residential development was stifled for many years north of 42nd Street by the presence of New York Central Railroad tracks.
In 1903, the state Legislature passed a [...]



Cost of building puts future condo developments at risk

The cost of buying land and building on it threatens to put an end to constructing any new residential projects, according to recent reports.
In the 46 biggest metro housing markets, land’s share of property prices increased on average to 51% in 2004 from 32% in 1984, according to the study authored by Michael Palumbo, chief [...]



Inaccurate rental information, for your pleasure

No, and no.
The Globe ran a syndicated column today from some columnist talking about landlord rights.
The information he provided was incorrect, on both accounts, at least in Massachusetts.
Question: My tenants pay their rent late almost every month but do not include the late fees as required under their lease.
I regularly contact them in writing [...]



Copley Place to get new residential tower?

The Globe is reporting that Simon Properties, owners of Copley Place, in the Back Bay, have floated the idea of building a new residential tower, behind the existing Westin Hotel.
The company is also considering expanding the flagship Neiman-Marcus department store.
Mayor Thomas M. Menino reminded the reporter that any new building will have to go through [...]





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