News: Front Section

Tishman Const. Corp. serves as CM for $14 million renovations of Copley Sq. Hotel

Tishman Construction Corp. of Mass. (TCCMA) is serving as construction manager for the $14 million renovation of the Copley Sq. Hotel for its owner, CapStar Copley, LLC. The hotel, located in the Back Bay, is undergoing an upgrade of its 143 guestrooms and public spaces, including the addition of an elevator and modernization of its major engineering systems. Originally opened in 1891, The Copley Sq. became one of Boston's most famous hotels, serving as host to President William McKinley, Babe Ruth, Ella Fitzgerald, Billie Holliday, and Duke Ellington. The renovations will transform this property into a four-star hotel, positioning it within Boston's growing boutique hospitality portfolio. Interior features will include new lobby décor, decorative silver light fixtures, candle niches, and metallic-sheen window treatments and redesigned guestrooms. Additionally, the hotel's Back Bay Café will be re-launched as XHALE, a casual dining restaurant. Work started in January and is slated for completion this Summer. The architect for the renovation is Arrowstreet, Inc. and Intra-Spec, Inc is the interior designer.
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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,
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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.

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.
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.
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: