News

Real estate agents court Gen Y
June 16, 2008 — Like many of her fellow real estate agents, Lyndsey Wakeham of the Cresset Group is aggressively trying to turn others in her age bracket into buyers. She's trying unconventional approaches, such as advertising the condo project — a converted warehouse space with exposed beams, original brick and loft space — on Facebook.

Cresset Group Gets 58 Irving St. in $5.8M Deal
April 23, 2008 — Cresset Group acquired a vacant industrial building at 58 Irving St. in Watertown, MA, from GE Ionics for nearly $5.83 million, or about $44.50 per square foot.

Home Builders Go 'Green' To Seek New Selling Point
March 5, 2008 — More builders are adding "green" features to their new homes. It is a strategy born out of necessity.

Residences planned at New Street Industrial site
January 3, 2008 — Residential projects on two prominent East Boston waterfront sites with postcard views of downtown have been stalled for years, but that's not stopping owners of an old industrial complex on New Street from moving forward.

A Question of Character
September 30, 2007 — In Franklin, Westborough, Lincoln, and other western suburbs, developers and local officials want to spend millions to revive their town centers. The goal is to create character - in a modern New England village. And it's not just about adding condos and shopping. The ingredients include outdoor dining, public art, mass transit, wrought-iron lampposts, and bike racks.

OCR Solar and Roofing contractors install solar panels in Danville, Calif.
September 30, 2007 — The push for environmentally friendly construction comes as the housing industry remains mired in a deep and protracted slump, with single-family housing starts off more than a third from 2005 and widely expected to keep sliding this year.

Reviving Town Centers
September 30, 2007 — In Franklin, Westborough, Lincoln, and other western suburbs, developers and local officials want to spend millions to revive their town centers. The goal is to create character - in a modern New England village. And it's not just about adding condos and shopping. The ingredients include outdoor dining, public art, mass transit, wrought-iron lampposts, and bike racks.

Cresset Getting Active in Suburban Boston
March 29, 2007 — Sidestepping the firm’s historic focus on value-added real estate, Cresset Partners LLC has completed the purchase of 475 Bedford St., a 71,000-sf building fully leased to Boston Sports Clubs. The $9.7-million transaction was negotiated by NAI Hunneman Commercial Co.

A show home for green construction features a rainwater-capture system and solar shingles.
March 29, 2007 — Environmentally friendly building doesn't always result in immediate new sales.

Menino wants full review of proposed power station
January 24, 2007 — Mayor Thomas M. Menino is urging state environmental officials to require a full environmental-impact report for a proposed electric generating station on Chelsea Creek across from East Boston.

Suddenly, Living in Downtown Boston Is More Appealing
February 12, 2006 — THIS city's downtown, like many others in the Northeast, has had very few actual residents in recent years. But with the completion of a project that moved a major highway underground, developers are betting that more people will be moving there.

Jimmy's Harborside Closes for $20M Redevelopment Project
January 25, 2006 — BOSTON-Jimmy's Harborside Restaurant, a waterfront landmark for more than 80 years, will be demolished and rebuilt over the next three years. The aging restaurant will be replaced with two new buildings.

Jimmy's Harborside site lease to be negotiated
January 21, 2006 — The Massachusetts Port Authority's board of directors this week voted to negotiate a long-term agreement with Harborside LLC for redevelopment of the Jimmy's Harborside Restaurant site on Northern Avenue on the South Boston Waterfront. Harborside LLC is a joint venture of Cresset Development and the restaurant, which closed this month after about 75 years of operation by three generations of the James Doulos family. The vote authorized construction of a two-building restaurant complex of more than 50,000 square feet. A lease with Harborside LLC is expected to be signed late in the spring, and permitting on the project is scheduled to begin later in the year. (Thomas C. Palmer Jr.)

As waterfront develops, Jimmy's jockeys to keep position
January 17, 2006 — James Doulos admitted it was a challenge keeping an 81-year-old restaurant sexy amid the growing competition. That's why Jimmy's Harborside, which closed New Year's Eve, will have a shot at being front and center of attention when it reopens in new digs next year.

Boston condos hardly a bargain
January 15, 2006 — Howard Hoffman's new condominium was a steal, relatively speaking in Boston's pricey real estate market: $330,000. For that, he bought 825 square feet on the fringes of the Financial District, just yards from cars and trailer trucks that rumble by and disappear into Interstate Highway 93's underground tunnel.


Home News News Archive		News Real estate agents court Gen Y June 16, 2008 — Like many of her fellow real estate agents, Lyndsey Wakeham of the Cresset Group is aggressively trying to turn others in her age bracket into buyers. She's trying unconventional approaches, such as advertising the condo project — a converted warehouse space with exposed beams, original brick and loft space — on Facebook. Cresset Group Gets 58 Irving St. in $5.8M Deal April 23, 2008 — Cresset Group acquired a vacant industrial building at 58 Irving St. in Watertown, MA, from GE Ionics for nearly $5.83 million, or about $44.50 per square foot. Home Builders Go 'Green' To Seek New Selling Point March 5, 2008 — More builders are adding "green" features to their new homes. It is a strategy born out of necessity. Residences planned at New Street Industrial site January 3, 2008 — Residential projects on two prominent East Boston waterfront sites with postcard views of downtown have been stalled for years, but that's not stopping owners of an old industrial complex on New Street from moving forward. A Question of Character September 30, 2007 — In Franklin, Westborough, Lincoln, and other western suburbs, developers and local officials want to spend millions to revive their town centers. The goal is to create character - in a modern New England village. And it's not just about adding condos and shopping. The ingredients include outdoor dining, public art, mass transit, wrought-iron lampposts, and bike racks. OCR Solar and Roofing contractors install solar panels in Danville, Calif. September 30, 2007 — The push for environmentally friendly construction comes as the housing industry remains mired in a deep and protracted slump, with single-family housing starts off more than a third from 2005 and widely expected to keep sliding this year. Reviving Town Centers September 30, 2007 — In Franklin, Westborough, Lincoln, and other western suburbs, developers and local officials want to spend millions to revive their town centers. The goal is to create character - in a modern New England village. And it's not just about adding condos and shopping. The ingredients include outdoor dining, public art, mass transit, wrought-iron lampposts, and bike racks. Cresset Getting Active in Suburban Boston March 29, 2007 — Sidestepping the firm’s historic focus on value-added real estate, Cresset Partners LLC has completed the purchase of 475 Bedford St., a 71,000-sf building fully leased to Boston Sports Clubs. The $9.7-million transaction was negotiated by NAI Hunneman Commercial Co. A show home for green construction features a rainwater-capture system and solar shingles. March 29, 2007 — Environmentally friendly building doesn't always result in immediate new sales. Menino wants full review of proposed power station January 24, 2007 — Mayor Thomas M. Menino is urging state environmental officials to require a full environmental-impact report for a proposed electric generating station on Chelsea Creek across from East Boston. Suddenly, Living in Downtown Boston Is More Appealing February 12, 2006 — THIS city's downtown, like many others in the Northeast, has had very few actual residents in recent years. But with the completion of a project that moved a major highway underground, developers are betting that more people will be moving there. Jimmy's Harborside Closes for $20M Redevelopment Project January 25, 2006 — BOSTON-Jimmy's Harborside Restaurant, a waterfront landmark for more than 80 years, will be demolished and rebuilt over the next three years. The aging restaurant will be replaced with two new buildings. Jimmy's Harborside site lease to be negotiated January 21, 2006 — The Massachusetts Port Authority's board of directors this week voted to negotiate a long-term agreement with Harborside LLC for redevelopment of the Jimmy's Harborside Restaurant site on Northern Avenue on the South Boston Waterfront. Harborside LLC is a joint venture of Cresset Development and the restaurant, which closed this month after about 75 years of operation by three generations of the James Doulos family. The vote authorized construction of a two-building restaurant complex of more than 50,000 square feet. A lease with Harborside LLC is expected to be signed late in the spring, and permitting on the project is scheduled to begin later in the year. (Thomas C. Palmer Jr.) As waterfront develops, Jimmy's jockeys to keep position January 17, 2006 — James Doulos admitted it was a challenge keeping an 81-year-old restaurant sexy amid the growing competition. That's why Jimmy's Harborside, which closed New Year's Eve, will have a shot at being front and center of attention when it reopens in new digs next year. Boston condos hardly a bargain January 15, 2006 — Howard Hoffman's new condominium was a steal, relatively speaking in Boston's pricey real estate market: $330,000. For that, he bought 825 square feet on the fringes of the Financial District, just yards from cars and trailer trucks that rumble by and disappear into Interstate Highway 93's underground tunnel.