Healthcare Design Targeting Comfortable Amenities To Retain Staff And Keep Patients Happy

A Boston-based residential and hospitality developer is dipping its toes in the life sciences fray. Broder acquired the Pleasant Street Science Park in Watertown last month from Boston-based Metro Realty Trust for $46M, according to Colliers,…

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The rapidly expanding life sciences sector is currently battling many shortages, including an overall lack of talent and lab space, two key factors holding back even more robust growth.

But one key set of actors within the industry ecosystem — experienced life sciences real estate brokers or property managers — is increasingly becoming a harder-to-find hire, creating another shortage that’s holding back more growth. 

“This group of professionals that have deep life science experience is still relatively small, across all functions,” Longfellow Manager Director of Human Resources Natalie Orlofsky said. “The talent supply is still catching up with the rapid ascent of the life science asset class.” As real estate firms ride this wave of growth…

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As a presidential candidate, Joe Biden published ambitious plans for housing, including boosting funding, implementing various strategies to address discrimination in the housing sector and reversing Trump administration rules on fair housing.

Roughly nine months into Biden's administration, that work has begun in earnest.

Two bills being hotly debated in Congress could push that platform forward another huge step. The fate of both the infrastructure bill, known as the Bipartisan Infrastructure Framework, and the potentially much larger budget reconciliation bill, the Build Back Better Act, are in limbo. Both of them, but especially the reconciliation bill, promise major new funding for housing programs.

Yet even if neither bill musters the complete support of the wafer-thin Democratic majorities in Congress, and thus both fail to pass, federal housing policy is slowly shifting under the Biden administration, which has started the process of undoing Trump administration regulations and has kicked off initiatives of its own that don't require congressional approval.

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NEW YORK CITY — A new group of startups is spreading across New York City's empty storefronts like wildfire, signing long-term leases and turning them into mini-warehouses.

Three companies — Gorillas, Jokr and 1520 — each opened their first New York City location this year, and between them, they have leased dozens of storefronts.

While local grocery chains such as D'Agostino and Gristedes have been offering delivery for at least a decade, these venture capital-backed companies have entered the market promising deliveries within 10 to 20 minutes. To deliver on that promise, they are signing long-term leases for former retail spaces, converting them to last-mile hubs. But the speed at which they have expanded has raised eyebrows in the city's retail market.

“I think that the model is among the most absurd that I've ever seen,” Phil Lempert, a supermarket expert and the food trends editor for Today on NBC, told Bisnow. 

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