A Bulfinch Triangle building probably best known as host to the Ski Monster store has been sold for 63 percent of its last sale price.
And its new owner, Kinross Real Estate, is considering options including a residential conversion. Two of the three floors of office space in the building are available.
What else is on tap today?
- Development Goes to Auction: A Dorchester waterfront property approved for a $90 million redevelopment that’s embroiled in a legal dispute will be put up for auction.
- Healey Hopes for Cooperation: Gov. Maura Healey said in an interview with WBZ-TV that she hopes that communities considering defying the state’s multifamily zoning law will instead work with the state.
- $69M in Affordable Funds: The city of Boston’s Neighborhood Housing Trust Fund is contributing $69 million to 14 mostly-affordable developments across the city this year, Mayor Michelle Wu announced Friday.
Show me the data!
What’s the statewide single-family mortgage market doing?
What did I miss?
Here’s what you might have missed in Sunday’s newsletter. Not a B&T subscriber? Fix that here.
- Massachusetts residents send billions of dollars every year using money transmission platforms like Venmo, PayPal and CashApp – but with zero state oversight. The Division of Banks wants to change that.
- Construction costs are already sky-high in Greater Boston, and there is fear decarbonization regulations can add even more strain on affordable housing developers’ wallets.
- Cambridge has a chance, and potentially the political will, to do a lot of upzoning after last year’s City Council election, A Better City’s Dan Phillips writes.
