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Archive for July, 2007


Crazy nutjob journalist rants against government’s plan to assist borrowers

This guy sounds nuts:

Maybe we should call him “Defaultâ€? Patrick.
After years of living high off the subprime-lending hog at Ameriquest, Gov. Deval Patrick now seeks his penance by punishing any business foolish enough to loan money to poor people.
n yet another arm-twisting meeting with the mortgage industry yesterday, Patrick reportedly proposed putting lenders on the […]

Popularity of this post: 14%



Downtown condo sales buck trend

Condo sales in downtown Boston have remained strong, contradicting what has been happening in other cities and towns in Massachusetts, and across the country.
According to the Globe:
Sales of luxury condominiums in Boston’s toniest neighborhoods surged 7.5 percent in the second quarter this year, with prices up as well, according to a report on the city’s […]

Popularity of this post: 5%



Penny Savings Bank begins closings

Two owners have moved into the Penny Savings Bank, according to Boston Condo Guy.
Six of twenty-three units have sold.
Plans call for Citibank (natch) to move into one of two street-facing retail spaces.
The other will become a restaurant (natch), expected to be “Banq” (natch), “offering French cuisine with an Asian flare”.
Source: Penny Savings Bank Opens to […]

Popularity of this post: 2%



Web 1.45 - YouTube videos on Columbus Center

Okay, I don’t much care for how they came out, but if you don’t know a lot about the area where the Columbus Center project will be built (ha ha, as if!), here are some videos:
http://www.youtube.com/watch?v=WDnJtsOylWs
http://www.youtube.com/watch?v=QCZOS6txRJc
http://www.youtube.com/watch?v=U0wplXW_qU0
http://www.youtube.com/watch?v=FO1aSN099ls
If you shrink down the videos, they look better (there’s a control on the YouTube video screen).
Next up: I cook […]

Popularity of this post: 2%



Group begins quest to outlaw Chapter 40B

Grouchy McGrouchsters, indeed.
According to the Globe:

Hoping to harness the simmering outrage over the state’s affordable housing law, a group of activists opposed to the law has launched the first-ever statewide effort to repeal it.
The group is led by a community activist by the name of John Belskis.

“It’s a developers’ welfare program that doesn’t really create […]

Popularity of this post: 8%



I don’t keep secrets

Why is Theo moving?
Popularity of this post: 7%

Popularity of this post: 7%



This is insanity and I’m really annoyed about it

I can’t even pretend to keep my patience about this.
According to the Globe:
The Patrick administration is considering a plan that would make mortgage lenders pay moving expenses as well as the first and last months’ rent of homeowners who lose their homes to foreclosure.
The proposal is part of foreclosure prevention initiative administration officials will present […]

Popularity of this post: 2%



NorthPoint developers to sell; sales of units going slowly

Not much to add to this, but in case you missed it, the current co-owners of the development known as NorthPoint have put their land up for sale.
Interesting information buried in the last paragraph of the Globe story:

Marketing on the two condo buildings — dubbed Sierra and Tango — is continuing. About 100 of 298 […]

Popularity of this post: 2%



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Recent comments


  • RonOrr.com, Borrow as much money as possible when buying a home: And now they are trying to eliminate down payment assistance Oct. 1st through legislastion, this was really...
  • Megan, Homes have problems: So age determines if a building is going to have problems? How do we know what will happen to these new buildings in 10, 20, or 30 years. Ask someone...
  • Upstart Agent, FSBOs can be a real pain: In theory, the concept of going FSBO sounds great. But I’ve met few people who have done it smoothly. Negotiating everything, and...
  • Andrew - Apartment Man, Architect renderings of new Kendall Square development: Has the project been completed yet? I wonder what the pricing points of the condominums or the...
  • Stephen Bremis, Hillside Lofts - small condo complex in Somerville: There are only two units left at the Hillside Lofts!! Developer must liquidate…now is your...
  • John, Sub-three hundred dollar personal computer? I’ll take two!: What a lucky dog. I look forward to reading your thoughts on the computer. Why don’t you start with...
  • anon, Sub-three hundred dollar personal computer? I’ll take two!: David, “never” is an awful long time. A lot of people already use Google for their storage...
  • David, Sub-three hundred dollar personal computer? I’ll take two!: it’ll never work. Too unreliable. Mac Mini uses only 20w of power.
  • SouthEndStyle, Closings begin at The 1850: Looking on masslandrecords.com, it shows that other units have already closed to (~12 or so), but some of these look like they are...
  • FrenchGites, Boston Center for the Arts Plaza design chosen; gigantic movie tower to NOT be built: Top Artistic image looks good - but not sure I can see the Gigantic Movie...



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