In The News

• Lexington, Mass. attracts biotech development - Lexington has been successful in attracting biotech because it understands the nature of this industry and what zoning regulations need to be in place to welcome biotech. Bob Buckley and Susan Yanofsky, the Lexington Director of Economic Development, discuss Lexington's biotech developments and the benefits to residents with NECN's Chet Curtis.
  New England Cable News, December 23, 2009
• Commercial real estate foreclosures in Illinois—They're not always the same - Recent economic indicators suggest that commercial foreclosure filings will see a significant increase in the near future. Tom Lombardo's article focuses on one particular issue that has recently been the subject of debate in foreclosure circles—the statutory right of reinstatement—and whether it can be waived in commercial mortgages.
  Commercial, Banking & Bankruptcy Law, the newsletter of the Illinois State Bar Association’s Section on Commercial, Banking & Bankruptcy Law, November 2009
• Kevin Murtagh speaks at Real Estate Finance Association event - Kevin Murtagh spoke at REFA’s October seminar, "Understanding Mezzanine Loans in Troubled Times."
  Real Estate Finance Association, October 29, 2009
• Betting on Burlington: Equity Office moves to revamp New England Executive Park - Mark Vaughan, who handled the legal strategy for the rezoning of New England Executive Park in Burlington on behalf of Equity Office Properties, discusses how the new zoning allows Equity to reinvest in this Class-A location.
  Banker & Tradesman, October 19, 2009
• Judge rules in favor of bank in mechanic's lien case - Dennis McKenna discusses his work that resulted in a recent Superior Court decision providing certainty to the lending community. The court's decision makes clear for the first time that the mechanic's lien statute will protect a lender's mortgage position on a construction project after a mechanic's lien has been filed.
  Banker & Tradesman, July 22, 2009
• Debtor doesn't have right to jury trial in action seeking turnover of property - The U.S. Court of Appeals for the First Circuit recently held that debtors do not have a right to jury trials in actions by trustees seeking the turnover of property during bankruptcy proceedings. Mark Corner and Peter Sutton, who represented the trustee in this case, said the holding makes it easier in turnover cases for bankruptcy trustees to pursue assets of debtors and to cut down on delays and expenses in bankruptcy proceedings.
  The United States Law Week, July 14, 2009
• Opportunities for new development after car dealerships close - As local GM and Chrysler dealerships close, communities are feeling the impact; however, this can also lead to new opportunities. Bob Buckley, who is working on a mixed-use redevelopment for the former Burlington Dodge dealership, discusses how cities and towns can develop zoning that facilitates new developments on these sites.
  New England Cable News, May 28, 2009
• How zoning flexibility could help local economy - One component of municipal revenue that is not subject to the cap imposed by Proposition 2 1/2 is tax revenue raised from new real estate development. In a recent Boston Globe Op-Ed, Senior Partner Mark Vaughan writes that while many community officials will be focusing on cutbacks over the coming months and how to make ends meet, an opportunity exists for municipalities to think creatively about future economic growth.
  The Boston Globe, February 14, 2009
• Senior Partner Kevin Lyons speaks at NAIOP event - Kevin Lyons spoke at NAIOP’s January seminar, "Lending in the Commonwealth - What to Expect in 2009." Kevin was quoted in Banker & Tradesman on what lenders are currently looking for in interest rates.  He also discussed why lenders are cautious about syndicated loans now.
  Banker & Tradesman Daily, January 15, 2009
  Mission Recognition (Solomon McCown blog), January 16, 2009
• Permitting moves at the "speed of business" - Mark Vaughan, a senior partner at Riemer & Braunstein, which represented Nordblom Company and Palomar Medical Technologies, Inc. in connection with the Northwest Park redevelopment, was recently part of a story in The Boston Globe discussing the project and the significance of the recent designation of the Northwest Park site as a "growth district" by the Governor Patrick administration.
  The Boston Globe, November 27, 2008
• Real estate development in Massachusetts - Mark Vaughan was recently featured on New England Cable News discussing how the economy, including the credit crisis, has affected commercial real estate across the Commonwealth.
  New England Cable News, October 22, 2008
• California company opens $1B lab in Mass. - A $1 billion lab complex is planned for Cambridge, MA.  Bob Buckley talks with New England Cable News about this project.
  New England Cable News, May 23, 2008
• High gas prices benefit some real estate? - Real estate near public transportation has benefited from rising gas costs.  Bob Buckley discusses this trend with NECN's Chet Curtis.
  New England Cable News, April 21, 2008
• Mass. initiative aims to lure businesses - Bob Buckley discusses attracting building and development in the Commonwealth.
  New England Cable News, March 31, 2008
• High costs force labs to leave Cambridge, Mass. - Many biotech companies are leaving Cambridge for the suburbs. Bob Buckley talks with New England Cable News' R.D. Stahl about how communities can attract biotech development.
  New England Cable News, March 5, 2008
• How towns can attract biotech development - Bob Buckley discusses ways communities can attract biotech development through zoning initiatives.
  New England Cable News, January 30, 2008
• Mark Vaughan on IBM's new software campus - Mark Vaughan discusses IBM's new software campus in Littleton and Westford, MA.
  New England Cable News, August 14, 2007
• SJC blocks judges from using forced-deal remedy - Dennis McKenna is quoted on the SJC's decision in Brodie v. Jordan, a case considered  to be a victory for small business.
  Boston Business Journal, December 22, 2006