Month: March 2012

New Library to Get Needed Funds

The proceeds from the City’s sale of general obligation bonds last week will help fund the new library on Bremen Street in East Boston. Mayor Thomas Menino announced that Boston has sold $232.1 million of general obligation bonds through a…

Interest Rates

There is one advantage to the low interest rates even in an economic environment where there appears to be no upside to real estate investments. That is, with interest rates so unbelievably low, investment in real estate causes our interest…

Obituaries 03-21-2012

Joan Porcelli East Boston resident Joan A. Porcelli died unexpectedly in East Boston on March 6.She was the beloved daughter of the late Elizabeth (DePalma) and Joseph Porcelli; sister of the late Gloria McLaughlin, Lorraine DiGiorgio and John Porcelli. She…

What’s Holding Eastie Back?

It has been about three months since Mayor Menino announced that he was creating a development scenario for East Boston’s waterfront that would reincarnate the waterfront. The East Boston waterfront was to go from something largely underutilized to something booming…