Category: Current Events

In the wake of the Great Recession and the financial crisis, the all-property CPPI fell by approximately 40 percent between November 2007 and January 2010. By comparison, the Consumer Price Index fell only 3.5 percent between July 2008 and January 2009 and then continued to rise, the researchers note.

Moody’s/RCA researchers note that at this point, the only property sectors where prices have not exceeded their pre-recession peak are retail (still down 7 percent) and suburban office (down 9 percent).

(http://m.nreionline.com/finance-investment/cre-prices-are-now-officially-above-pre-recession-peak)

Current Events Local

Commuter Rail Adding Non-Stop Train Service From Worcester To Boston

Post author By danelabonte
Post date 2015-10-09

Starting in May 2016, one train will depart from Worcester’s Union Station at 7:55 a.m. and arrive at Back Bay Station in under an hour.

The MBTA said they also plan to add two more zone express trains in both directions daily.

Trains on the Framingham/Worcester line can stop up to 16 times en route to South Station, the MBTA notes. This should take about a half hour off the commute.

The Worcester/Framingham Line schedule will consist of 11 Boston-bound trains in the morning during the peak weekday commuting window. Of that total, seven trains will originate in Worcester’s Union Station, with one train making all local stops on the line; five trains running zone express; and one train running non-stop to Back Bay Station. The current schedule only includes three zone express trains within that window.

In the evening hours, the new schedule will include nine trains leaving South Station with six ending at Union Station. Of those six, five will be zone express, and one will run non-stop from Back Bay Station. Three additional trains leaving South Station will end in Framingham.”

(http://boston.cbslocal.com/2015/10/07/commuter-rail-worcester-boston-nonstop)