Posts by ericg
Suffolk borrows $158M for office-to-dorm conversion
Suffolk University issued a $158 million bond on Tuesday to help finance a planned conversion of an office building on Tremont Street into a new dormitory. Read More
Read MoreDevelopers near approval for long-awaited Hotel Alexandra in South End
The plans to restore and renovate the historic Hotel Alexandra on the border of Boston’s South End and Roxbury neighborhoods have changed many times over the past several years, but developers of the property said they are getting close to the go-ahead. Read More
Read MoreHedge fund with ties to Point Judith Capital raises $93M
A new Providence-based hedge fund with ties to Point Judith Capital has raised nearly $100 million for its inaugural fund. Point Judith is the VC firm co-founded by Gina Raimondo, the former Rhode Island governor who became Commerce Secretary under President Joe Biden, that moved to Boston in 2012. Read More
Read MoreHouse votes to revers mental health caseworker cuts
Gov. Maura Healey’s budget proposal in January called for slashing the DMH case manager workforce in half, from 340 to 170 individuals. The threatened layoffs have prompted an outcry over mental health care access. Read More
Read MoreAI may take some workers’ jobs, but the technology is coming up short in one big area
A popular language app and a major e-commerce platform are leaning into AI, but a surprising new study shows where humans still outperform machines. Read More
Read MoreAmerican Tower beats Wall Street forecast for first-quarter revenue
The Boston-based REIT, which has a portfolio of nearly 149,000 cell towers and other infrastructure worldwide, has also been affected by fluctuations in currency exchange rates. Read More
Read MoreSullivan Square site heads to foreclosure auction
A mixed-use site in Charlestown’s Sullivan Square that was once proposed for a 24-story tower will go to foreclosure auction next month. Read More
Read MoreTech icon Sandberg calls sponsoring the USS Massachusetts ‘a true honor’
The ceremonial sponsor of the first military ship named for Massachusetts since World War II is the female tech icon Sheryl Sandberg. She told the Business Journal how it came together. Read More
Read MoreReport: Growing Latino population has outsized impact on Mass. economy
While many Bay Staters are leaving, one segment of the population is growing rapidly, reshaping the state’s workforce and economic landscape in several ways. Read More
Read MoreInsulin pump maker Insulet names J&J veteran as new CEO, replacing Hollingshead
Insulet’s sudden leadership change brings a seasoned medical technology executive to the helm, as the insulin pump maker says it expects to exceed Q1 revenue guidance and raise outlook. Read More
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