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How a New York private equity giant became Boston's biggest commercial landlord — and biotech investor

How a New York private equity giant became Boston’s biggest commercial landlord and biotech investor
Jon Chesto
© David L. Ryan/Globe Staff
Blackstone recently put local executive Nick Galakatos, who runs Blackstone Life Sciences out of Cambridge, on BioMed’s board of directors.
The biggest private-equity firm in the world has been pouring money into Boston by the billions, buying up prime real estate and investing in promising biotechs.
Blackstone Group said it now owns more than $12 billion worth of real estate in the area, making it the largest commercial landlord in the region by its own estimate. The New York-based firm also has chosen Cambridge as home for its $4.6 billion life sciences investment fund, the biggest of its kind. ....

United States , San Diego , United Kingdom , Al Iskandariyah , Alan Gold , Kendall Square , Davidl Ryan , Nick Galakatos , Tim Schoen , Jon Gray , Robert Coughlin , Kathleen Mccarthy , John Maraganore , John Hancock , Biomed Realty , Boston Properties , Alexandria Real Estate Equities , Alnylam Pharmaceuticals , Galakatos At Millennium Pharmaceuticals , Assembly Row In Somerville , Congress St , Whole Foods Market , Kendall Square Association , Blackstone Group , Blackstone Life Sciences , Globe Staff Blackstone ,

Bikes on the McGrath Highway? The state's preparing to redesign the urban artery

Bikes on the McGrath Highway? The stateâs preparing to redesign the urban artery
By Adam Vaccaro Globe Staff,Updated April 23, 2021, 9:30 a.m.
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Soon, McGrath Highway will be cut down to four lanes to make way for bike lanes.Erin Clark/Globe Staff
By American standards, at least, the streets of Somerville and Cambridge are a cyclistâs paradise, with green paint, flex posts, and off-street paths lining many key thoroughfares.
But then, tearing through the citiesâ eastern edges, stands the six-lane McGrath Highway, much of it elevated on a hefty overpass to carry a heavy load of commuter traffic along Route 28. ....

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Annual KSA meeting envisions Kendall Square coming back "better than ever" – India Education| Global Education |Education News

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No community has been immune to the hardships of the last year. But there have been bright spots. In response to the global pandemic, scientists developed effective vaccines. In response to tragic killings, people have begun important conversations about racial injustice and equity. In response to social isolation, we’ve adopted new digital platforms and community-building initiatives.
In many ways, Kendall Square has been a microcosm for those responses. The community has leaned into issues around inclusion, striven to support struggling businesses, and developed programs to overcome the loneliness and anxiety that have followed sudden changes in life and work. Of course, Kendall Square has also been home to some of the vaccine development work critical for ending the global pandemic. ....

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New Skills Coalition aims to close skills gap, grow the regional economy

Wicked Local
For workers, new skills are the springboard to job opportunities and growth.
Statewide and regional business associations from across the Commonwealth, including the Cape Cod Chamber of Commerce, have launched the Massachusetts Business Coalition on Skills (MBCS).
The new statewide coalition will advocate for policies that develop the skills of the Cape and Islands current and future workforce.
The MBCS formed because there are two sides to the skills gap, and both can drag job and economic growth.
On the employer side, it is difficult to find qualified talent. A 2019 survey by coalition member Massachusetts Business Alliance for Education (MBAE) found that 73% of Massachusetts employers find it “somewhat difficult” or “very difficult” to find people with the right skills to fill open positions. ....

United States , Neponset River , Cape Cod , James Sutherland , Jamese Rooney , Wendy Northcross , Massachusetts Taxpayers Foundation , Massachusetts Economic Development Council , Skills Coalition , Cape Cod Chamber , Pew Research Center , Kendall Square Association , Greater Boston Chamber , Massachusetts Business Alliance For Education , Economic Council Of Massachusetts , Massachusetts Business Coalition On Skills , Massachusetts Business Coalition , Massachusetts Business Alliance , Research Center , Cape Codders , Modernize Career Vocational Technical Education , Support Massachusett , Amplify Latinx , Black Economic Council , Massachusetts Business Roundtable , Blackstone Valley ,

Annual KSA meeting envisions Kendall Square coming back "better than ever"

Massachusetts Institute of Technology
No community has been immune to the hardships of the last year. But there have been bright spots. In response to the global pandemic, scientists developed effective vaccines. In response to tragic killings, people have begun important conversations about racial injustice and equity. In response to social isolation, we’ve adopted new digital platforms and community-building initiatives.
In many ways, Kendall Square has been a microcosm for those responses. The community has leaned into issues around inclusion, striven to support struggling businesses, and developed programs to overcome the loneliness and anxiety that have followed sudden changes in life and work. Of course, Kendall Square has also been home to some of the vaccine development work critical for ending the global pandemic. ....

United States , United Kingdom , Kendall Square , Lee Mcguire , Sumbul Siddiqui , Sanofi Genzyme , Tanisha Sullivan , L Rafael Reif , Broad Institute , Kendall Square Association , New Kendall , Drives Innovation , Action Plan , Bill Sibold , Cambridge Mayor Sumbul Siddiqui , Broad Institute Chief Communications Officer , End All , Vaccine Development , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , கெஂடெல் சதுரம் , லீ மக்வைர் , தனிஷா சல்லிவன் , ல் ரஃபேல் ரேப் , பரந்த நிறுவனம் , கெஂடெல் சதுரம் சங்கம் ,