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In Charlestown, smaller ambitions for big housing development
In Charlestown, smaller ambitions for big housing development

Boston Globe

time29-05-2025

  • Business
  • Boston Globe

In Charlestown, smaller ambitions for big housing development

Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up 'We don't have a lot of five-acre sites in the city,' Dillon said. 'This is the kind of project that we need.' Advertisement There's a lot to like about the site — its proximity to the T, the historic Charlestown neighborhood, and downtown, said Abby Goldenfarb, Trinity's senior vice president. And with five acres comes a chance for some creative landscaping and other community-focused features, such as a public plaza and lawn, athletic fields, and space for arts and early childhood education. But despite the site's size, it comes with a host of restrictions, Goldenfarb said. Trinity spent nearly a year pushing to shift a state service road that runs immediately behind the site to a spot closer to the nearby Route 1 on-ramp. But after many months of conversations with state transportation officials and Boston Sand & Gravel, which also uses the access road, that idea fell through. Advertisement Affordable housing developer Trinity Financial has proposed an 85-foot, 125-unit affordable apartment complex with an urban plaza and lawn for the project's first phase. ICON Architecture Trinity's Cutting the total number of units allows Trinity to pursue wood-frame construction over a podium — a more affordable option than building taller — and also still allowed opportunity for financial support from the city and state. 'We wish we were able to start construction a few years ago,' Goldenfarb said. 'Construction costs have gone up, so we're trying to build the most economically feasible project we can in the first phase, just to start the momentum.' Related : City officials asked Trinity to explore whether they could build affordable condos in the first phase, but the project needed more governmental subsidy than was available, Goldenfarb said. MassHousing's CommonwealthBuilder program, for example, has per-unit funding caps of between $150,000 and $250,000 for units set aside for households making between 70 percent to 120 percent of the area median income. Advertisement 'The cost differential between what it costs to build a unit and how much subsidy you're able to get for it was just too large to finance,' Goldenfarb said. 'We also didn't want to be in a position where we ... had to sell very, very expensive market-rate units in order to make the affordable units work.' So Trinity started exploring affordable rental apartments — a property type it has long built — and cut down the total number of units in the first phase. Trinity Financial executives Kenan Bigby and Abby Goldenfarb at the Austin Street site in 2023. Lane Turner/Globe Staff Likely investors for the first phase include low-income housing tax credit investors, who consider Boston an 'extremely attractive' market, Goldenfarb said. She's expecting strong interest, but is aware that Trinity is also competing against property owners selling their buildings at rock-bottom prices. 'A lot of owners are selling buildings at a discount, so we're going to have to work really hard to make a building that investors want to take lease-up risk on and construction risk on,' she said. Dillon, Boston's housing chief, said the city recognizes the difficult building environment and is working project-by-project to help developers problem solve — whether that's 'value engineering' or allowing them to safely store materials they've stockpiled. 'It is not an easy time for Boston, or most major cities right now, to to continue to advance an affordable housing and income-restricted housing agenda, but we're not going to stop,' Dillon said. 'Boston is committed to increasing our housing stock and ensuring that a very high amount of the housing that we're creating is income-restricted and affordable to our residents.' Advertisement Catherine Carlock can be reached at

GOLDLAW Named to 2025 Best Law Firms List for Excellence in Personal Injury Litigation
GOLDLAW Named to 2025 Best Law Firms List for Excellence in Personal Injury Litigation

Associated Press

time15-05-2025

  • Business
  • Associated Press

GOLDLAW Named to 2025 Best Law Firms List for Excellence in Personal Injury Litigation

Recognition affirms the firm's continued standing as a trusted advocate for injury victims in South Florida. United States, May 15, 2025 -- GOLDLAW has been named to the 2025 Best Law Firms list by Best Lawyers, earning a Metropolitan Tier 2 ranking for Personal Injury Litigation – Plaintiffs in the West Palm Beach region. The honor highlights the firm's continued commitment to representing injured individuals in South Florida and reinforces its reputation among top-tier Florida personal injury lawyers. The Best Law Firms list is considered a benchmark for excellence within the legal industry. Rankings are determined through an extensive evaluation process that includes peer reviews, client feedback, and a comprehensive analysis of law firm data. To qualify for inclusion, a firm must have at least one attorney recognized in The Best Lawyers in America, a directory that includes only the top five percent of practicing attorneys nationwide. The recognition reflects years of work building a legal team committed to advocating for injured Floridians and helping them rebuild their lives, said Craig M. Goldenfarb, founder and CEO of GOLDLAW. Established in 2002, GOLDLAW has grown into one of the most recognized personal injury law firms in Florida. With offices in West Palm Beach and Port St. Lucie, the firm focuses exclusively on personal injury matters, including motor vehicle collisions, slip and fall injuries, wrongful death, nursing home neglect, and other cases involving negligence. The firm's attorneys have secured more than $1 billion in verdicts and settlements for clients across the state. The 2025 Best Law Firms List, published by Best Lawyers and U.S. News & World Report, evaluates firms using a combination of qualitative assessments and quantitative data. Rankings consider client references, professional reputation, and demonstrated success in litigation. Being included in the Best Law Firms list affirms the quality of the company's legal strategy and the compassion the team brings to every case, Goldenfarb added. As a West Palm Beach personal injury lawyer, his personal mission has always been to deliver justice for clients and to foster a law firm culture grounded in integrity and perseverance. GOLDLAW's inclusion in the 2025 rankings reflects its continued influence in the field of personal injury law and its role as a resource for those facing life-altering injuries. The designation also aligns with the firm's focus on client-first representation and its commitment to remaining accessible throughout Florida. About GOLDLAW GOLDLAW is a personal injury law firm based in South Florida, representing clients in West Palm Beach, Port St. Lucie, and nearby communities. The firm handles a range of personal injury claims, including car and truck accidents, medical malpractice, nursing home abuse, wrongful death, and premises liability. With a legal team that brings over 300 years of combined experience, GOLDLAW works to help clients secure compensation after serious injury. Founded in 2002 by Craig M. Goldenfarb, Esq., GOLDLAW continues to offer legal counsel grounded in knowledge, responsiveness, and accountability. Contact Info: Name: Mike Wells, Marketing Director Email: Send Email Organization: GOLDLAW Address: 1641 Worthington Rd., Suite 300, West Palm Beach, FL 33409 Phone: 561-467-7257 Website: Release ID: 89160008 In case of detection of errors, concerns, or irregularities in the content provided in this press release, or if there is a need for a press release takedown, we strongly encourage you to reach out promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our efficient team will be at your disposal for immediate assistance within 8 hours – resolving identified issues diligently or guiding you through the removal process. We take great pride in delivering reliable and precise information to our valued readers.

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