News: Front Section

The Kensington participated in the 16th Annual Earth Day Charles River Cleanup

The Kensington, a 27-story, 381-unit apartment tower located at 665 Washington St., recently participated in the 16th Annual Earth Day Charles River Cleanup. Organized by the Charles River Watershed Association (CRWA), the event featured thousands of volunteers and community groups including numerous Kensington staff members and residents. With participants at multiple locations between Bellingham and Boston, all volunteers came together to beautify the banks of the Charles River, positively contribute to the overall water quality, and develop a connection to one of Eastern Massachusetts' most precious natural resources. As part of the greater American Rivers' National River Cleanup, the Annual Earth Day Charles River Cleanup has contributed to the removal of over 4 million pounds of trash from America's waterways. "At The Kensington, we enjoy finding ways for our residents and staff to get involved and give back to their community," said Drew Boujoulian, resident services manager at The Kensington. "The strength and bond of Massachusetts is shown through events such as these when everyone comes together as one. We hope that our contribution in the Earth Day Cleanup will lead to improved health of the Charles River and overall environment." Cleanup supplies including gloves and trash bags were provided for participating volunteers, as well as an Official 2015 Charles River Cleanup t-shirt. Notably, The Kensington has been a continuous supporter of its local community, having participated in numerous charitable activities since opening in 2013. Prior to the Earth Day Charles River Cleanup, The Kensington partnered with the nearby Saint Francis House, the largest day-shelter for homeless men and women in New England, who dubbed March as "Kensington Month". Through the Saint Francis House, staff members and residents of the luxury apartment tower were given numerous opportunities to engage their local community through various charitable efforts. Boasting a premier amenity package, residents of The Kensington enjoy over 28,000 s/f of free amenity space including a fitness center and yoga studio, business center and coffee bar, and game room complete will billiards tables, multiple meeting rooms, an outdoor pool, pet spa equipped with professional doggie baths, solarium, and a quiet E-Lounge to kick back and escape the hectic pace of everyday life. Additionally, residents are offered professional 24-hour concierge service, dry cleaning and laundry, car cleaning and detailing, free bike storage, in-unit package delivery, and monthly resident events. Currently leased at 98%, The Kensington provides a sought-after location in downtown Boston and convenient access to Downtown Crossing and the Financial District, as well as Beacon Hill, the South End, and Back Bay.
MORE FROM Front Section

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
Columns and Thought Leadership
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.