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Boston's Last Industrial Remnant Emerges - Banker & Tradesman

Boston’s Last Industrial Remnant Emerges
Newmarket Businesses’ World is Shrinking
By Steve Adams | Banker & Tradesman Staff | May 16, 2021 | Reprints | Print
Long-time tenants say spiraling rents threaten one of the last industrial pockets in Boston’s core. Now the city is considering rezoning for higher-priced uses including life science. Photo courtesy of the BPDA
Boston’s Newmarket neighborhood usually pops up in headlines as the epicenter of the region’s opioid crisis and a steady source of street crime.
In another era, it could be a nightmare scenario for real estate investors. But in 21st century Boston, real estate values defy gravity and displacement pressures spread throughout the city – even in gritty Newmarket. Long-time industrial tenants wonder whether rent hikes will force them to leave and whether the century-old factory buildings and low-slung warehouses will be demolished to ma ....

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To tackle racial injustice in city contracting, start with food

To tackle racial injustice in city contracting, start with food
Hereâs how Boston can ensure universal access to nutritious food while supercharging its economic recovery and closing the racial wealth gap.
By Michelle Wu and Sheldon LloydUpdated April 7, 2021, 35 minutes ago
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Roberto Dos Reis prepares a takeout order at Soleil in Roxbury, in January.Jonathan Wiggs/Globe Staff
Black- and Latinx-owned firms took home an abysmally low 1.2 percent share of Bostonâs public contracting dollars out of nearly $2.1 billion in city spending over five years. Facing public outcry and a civil rights lawsuit, the city recently rushed to publish a new executive order that set modest goals for increasing the share of public dollars awarded to women- and minority-owned firms. ....

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City of Boston spent $2.1 billion in contracts over five years. Only 1.2 percent went to Black-owned and Latino-owned businesses

City of Boston spent $2.1 billion in contracts over five years. Only 1.2 percent went to Black-owned and Latino-owned businesses
A new report adds much more detail on how little Boston spends in businesses run by people of color
By Shirley Leung Globe Columnist,Updated February 5, 2021, 6:02 p.m.
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Sheldon Lloyd, chief executive of City Fresh Foods in Roxbury, said he could do much more business if big contracts were broken into smaller jobs so a local player like him could compete against a bigger corporation.Jonathan Wiggs/Globe Staff
Black- and Latino-owned firms landed just 1.2 percent of the $2.1 billion in contracts for construction and professional goods and services that the City of Boston awarded during the first term of the Walsh administration, according to a new report the city commissioned. ....

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Queen City Fresh Foods consolidates into Lackawanna - Buffalo Business First

Queen City Fresh Foods consolidates into Lackawanna - Buffalo Business First
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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