Business

Commentary: FHFA’s Senseless Arm’s-Length Policy on Short Sales

Senator Elizabeth WarrenSenator Elizabeth WarrenAs our nation struggles to emerge from the worst recession in decades, the last thing a government agency should do is make it more difficult for Americans to stay in their homes. Unfortunately, that is exactly what the Federal Housing Finance Authority (FHFA) has been doing.

Since the 2008 financial crisis, millions of homeowners have fallen behind on their mortgages. Many lost their jobs in the crash, while others lived through medical problems and family break ups. Many others had complicated mortgages they didn’t understand, and when monthly payments shot up by hundreds of dollars, they ended up in foreclosure.  Read more

Pat McDonagh, pizza and sub master, passes away suddenly

Pat McDonagh

Patrick G. ‘Pat’ McDonagh, a lifelong Dorchester resident who became one of the neighborhood’s favorite purveyors of pizzas, calzones and sub sandwiches, died suddenly last Saturday at his Lower Mills home. McDonagh, 60, leaves behind his wife Maureen, two sons Michael and Patrick, and three sisters.

Pat McDonagh grew up in St. Peter’s parish and was a well-known and liked personality across Dorchester in his youth, where he could often be found on the neighborhoods basketball courts or playing the bugle in the St. Kevin’s Emerald Knights band. He was a graduate of St. Peter’s Grammar School, Christopher Columbus High and Boston State College, where he took a degree in criminal justice. But instead of law enforcement, Pat followed his taste buds and passion for good food into his chosen career: running restaurants.  Read more

A note to mayoral candidates

Boston is not a two-newspaper town. And it hasn't been for quite a while.

The last open mayoral race happened 30 years ago. Before widespread access to the Internet. Before Facebook. Before Twitter. When big city newspapers had a monopoly on the news agenda.

That monopoly no longer exists.

Just take a look at what happened when Mayor Thomas Menino announced he isn't seeking reelection. He spoke with the Globe and Herald the day before the announcement.  Read more

Youthful life at Bird St. Center spurred Juan De Jesus to fulfill dream

From Columbia Rd. to Major League Baseball: Juan DeJesus cultivated skills at Bird Street Community Center.From Columbia Rd. to Major League Baseball: Juan DeJesus cultivated skills at Bird Street Community Center.Juan De Jesus doesn’t get home much these days. The Uphams Corner native is on the road most of the year in Latin America, where he works for Major League Baseball (MLB) to recruit, cultivate, and streamline the entry of young ballplayers into the United States.

It’s a dream job for the 30-year-old De Jesus, a graduate of BC High and Boston College. His mom and dad emigrated to Dorchester from the Dominican Republic. Baseball is in his blood, to be sure. His father knew many pro ball players from his hometown in the D.R. — and DeJesus fancied himself a bit of Fenway Park “rat” — often getting special access to watch batting practice before games.

But it was through his involvement with the Bird Street Community Center on Columbia Road that he learned to play and love the game.  Read more

Walczak and Arroyo join mayoral scrum

A former hospital CEO and a city councillor at-large are the latest contenders hoping to succeed Mayor Thomas Menino.

Savin Hill’s Bill Walczak, who founded the Codman Square Health Center and briefly ran Carney Hospital, confirmed on Monday he is a candidate for mayor.  Read more

Gov. Patrick threatens veto of trans-tax bill, calls it a 'fiscal shell game'

By 
Michael Norton and Matt Murphy, State House News Service
Apr. 4, 2013

Adding a major new dimension to what's turning into a full-fledged tax fight with the Legislature, Gov. Deval Patrick said Thursday he would veto a $500 million tax plan unveiled earlier this week by legislative leaders.

Patrick is seeking new taxes to pay for $1 billion in transportation system investments, but House Speaker Robert DeLeo and Senate President Therese Murray this week said their $500 million plan is more considerate to taxpayers given the current state of the economy and addresses the state's most pressing transportation needs.  Read more

Markey camp goes up with ads on Channel 5 after Lynch said he'd refrain

Rep. Ed Markey’s U.S. Senate campaign has started to air ads on Channel 5, a station fellow Democratic Rep. Stephen Lynch has declined advertise with due to an apparent union contract dispute. The Markey campaign’s ads started this weekend.  Read more

City updates East Boston community on Suffolk Downs' casino plans

The city of Boston is asking for a rigorous environmental review of a proposed casino at East Boston's Suffolk Downs, according to a letter to the East Boston community sent out earlier this week. The letter was dated March 20 and signed by Elizabeth Dello Russo, executive director of a 5-member casino development advisory group set up by Mayor Thomas Menino in April 2012.  Read more

At downtown rally, Connolly broadens City Hall critique beyond schools

By 
Gintautas Dumcius, News Editor
Mar. 21, 2013

Attendees of a Wednesday night rally for City Councillor At-Large John Connolly’s mayoral bid were served a blistering critique of the Menino administration with a side of Bad Rabbits. About 400 people, some of them spilling out into the Omni Parker House Hotel’s second floor hallway, crowded the small Press Room for the rally and a performance put on by the Boston-based band.  Read more

City officials seeking public comment on Quincy St. improvements

By 
Gintautas Dumcius, News Editor
Mar. 20, 2013

Residents will get a chance to weigh in on a multi-agency effort to improve the Quincy St. corridor. The public meeting, scheduled to go from 6:30 p.m. to 8:30 p.m. on March 20, is set for the Haynes Early Education Center on Blue Hill Ave. in Roxbury.

Potential improvements could include crosswalks at intersections, better street lighting, highly visible signs and bike lanes.

Residents have registered complaints with the city, calling the current set up of streets unsafe for pedestrians.  Read more