News: Construction Design & Engineering

NECA Boston members attend Legislative Conference and Political Leadership Council Summit in Washington, DC

Boston Chapter NECA had a strong presence at the NECA 2011 Legislative Conference & Political Leadership Council Summit held May 10 - 12. The chapter was represented by Larry Hurwitz of Broadway Electrical; Joe Bodio of Lan-Tel Communications; Sue Mailman of Coghlin Electrical Contractors; Ron Koning of State Electric Corp.; Boston Chapter NECA lobbyist Jim Smith of Smith, Ruddock & Hayes; and NECA Boston Chapter assistant executive Manager Matthew Lash. Key issues critical to the future of the construction industry were the focus of the conference, and legislative meetings on Capitol Hill. The greater Boston contingent met with Massachusetts' legislators, including congressman Stephen Lynch, congressman Ed Markey, congressman Mike Capuano, congressman Bill Keating, senator John Kerry's aide John Phillips, senator Scott Brown's aide Karalyn O'Brien, congressman Jim McGovern, and congressman John Tierney. The group presented NECA's position on numerous issues, including: Preserving the Davis-Bacon Act; Continued Use of Project Labor Agreements; Repealing the 3 Percent Withholding Tax on Government Work; Modifying the Estate Tax, Extending Tax Incentives to Encourage Investment in Renewable Energy and Energy Efficiency Development; and Legislation to Crack Down on Dishonest Employers Who Misclassify Workers as Independent Contractors. To learn details of NECA's position on each of these issues, visit: http://www.bostonneca.org/subpages/GovRelations.html
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary