by Tom Acitelli
Want to know why Boston’s home prices and rents are so high? Look 50 miles to the west, to Vicksburg Square in Devens. So says CommonWealth magazine’s Paul McMorrow in a Globe op-ed this morning.
For two years, a private Boston-based developer, Trinity Financial, has been trying to build 246 apartments, most for veterans, seniors and families making working-class incomes, at the site of an old Army barracks that once housed 9,000 people.
The site is perfect not only because it’s [...]
Evergreen Solar Inc., the Marlboro clean-energy company that received millions in state subsidies to build an ill-fated Bay State factory, has filed for bankruptcy.
Evergreen, which closed its taxpayer-supported Devens factory in March and cut 800 jobs, has been trying to rework its debt for months. The company announced today it is seeking a reorganization in U.S. Bankruptcy Court in Delaware and also reached a deal [...]
Evergreen Solar Inc., the Marlboro clean-energy company that received millions in state subsidies to build an ill-fated Bay State factory, has filed for bankruptcy.
Evergreen, which closed its taxpayer-supported Devens factory in March and cut 800 jobs, has been trying to rework its debt for months. The company announced today it is seeking a reorganization in U.S. Bankruptcy Court in Delaware and also reached a [...]
1) Illinois Senate Clears the Way to Sell $3.7 Billion in Debt for Pensions
“Illinois had $64 billion in pension assets to pay estimated liabilities of $126.4 billion to 723,000 retirees and beneficiaries, according to bond documents in June. Senate President John Cullerton said the higher income tax will eliminate the need to borrow for next year’s pension payments.
The bond and tax measures were intended to help [...]
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