Fri. Oct. 07, 2011 Bind Biosciences to relocate to 325 Vassar St. in Cambridge Biopharmaceutical company Bind Biosciences Inc. has signed a lease to relocate to larger space in Cambridge, said a broker involved in the transaction. The broker is Richards Barry Joyce & Partners LLC. Bind Biosciences currently leases about 28,000 square feet at locations at 64 and 88 Sidney St. in Cambridge. It has signed a lease for 32,800 square feet of office and lab space at 325 Vassar St. Richards Barry Joyce represented BioMed Realty Trust, 325 Vassar St.’s owner, in the transaction. Program to help unemployed homeowners leaves millions of dollars on the table Fewer than 12,000 families nationwide -- 568 of them in Massachusetts -- have been tentatively approved for the program first meant to help 30,000 homeowners facing foreclosure with up to $50,000 in no-interest loans over a two-year period. This means even fewer people will eventually pass final eligibility hurdles over the next few weeks, leaving at least $568 million allotted for the program unused and turned back to the US Treasury Department. Nuance buys Swype for $100 mil Nuance Communications Inc. of Burlington, maker of speech recognition software like Dragon Naturally Speaking, has spent $102.5 million to acquire Swype Inc. of Seattle. Swype makes software to allow users of touchscreen devices to type words on a keyboard by dragging a finger from letter to letter, rather than tapping the screen. New England power grid facing challenges The low price of natural gas and an aging fleet of soon-to-be-obsolete power plants are among several factors that could dramatically change New England’s power grid, says the region’s electricity grid manager. And those changes could threaten reliable electricity delivery if not addressed, according to an analysis by ISO New England. The report says the region is increasingly relying on natural gas for both heat and electrical power, and must build capacity to handle simultaneous spikes in demand for both uses. Comcast offers tips for parents on talking to their kids about keeping safe online Comcast has set up a special website designed to help parents in talking to their children about their online activities. Access to the website is free, and it’s open to everyone, not just Comcast customers. The guides were created by Dr. Michael Rich, director of the Center on Media and Child Health at Children’s Hospital Boston. Comcast also offers additional layers of online security features that Comcast Internet customers can opt to pay extra for. Billboards from Clear Channel Outdoor help UMass and Cellucci fight ALS Billboard company Clear Channel Outdoor said it is donating ad space on seven of its highway billboards to support former Governor Paul Cellucci in his fight against ALS, or Lou Gehrig’s disease. Earlier this year, Cellucci disclosed that he has ALS, and he is now helping the University of Massachusetts Medical School in its efforts to raise funds for ALS research. Clear Channel’s donated billboards are promoting the UMass/ALS Champion Fund. Saints Medical Center backs away from Steward deal Saints Medical Center of Lowell, in an about-face, said it has pulled out of its three-month-old deal to be bought by fast-growing hospital chain Steward Health Care System LLC and instead plans to merge with its cross-town rival, Lowell General Hospital. Some primary care doctors and specialists affiliated with Saints, a 157-bed nonprofit Catholic hospital, had objected to the alliance with Boston-based Steward, which operates 10 hospitals across eastern Massachusetts. Lenox Hotel plans charging station for electric vehicles The Lenox Hotel said today that it is having a charging station for electric vehicles installed at its curb on Exeter Street as part of its efforts to be environmentally friendly. According to the hotel, it will be the first privately owned, privately funded company in Boston with an electric-vehicle curb-side charging station that is visible to the public. Hotel guests with electric vehicles can receive complimentary valet parking along with a free charge for their electric vehicle. Brookline shop added to Friendly’s closings Friendly Ice Cream Corp., which filed for bankruptcy protection yesterday after shuttering 63 stores overnight, has also closed a shop in Brookline. The Coolidge Corner location was not part of the bankruptcy filing, according to a Friendly’s spokeswoman, but the restaurant was shuttered on Sunday. The Brookline location was a Friendly’s Express store, a smaller format that the company has been testing. Friendly’s will continue operating 424 shops, including three Friendly’s Express stores, in 16 states. Developers look to move forward with Bulfinch Triangle projects Two developers are proposing to move forward with projects that would add a hotel and hundreds of residences to Boston’s Bulfinch Triangle neighborhood, according to documents released by the city today. The Boston Development Group filed revised plans to proceed with the Merano, which would consist of a 210-room hotel and 230 apartments. Also seeking to move forward is Pizzuti Development, which wants to build 62 loft condominiums at 121 to 127 Portland St. Dunkin’ promo will feature Stanley Cup --- and trophies won by the Sox, Patriots, and Celtics Dunkin’ Donuts is celebrating the first anniversary of its “Caught Cold” iced-coffee promotion with a Twitter giveaway. Fans lucky enough to win are being invited to a special event at TD Garden Saturday, where they will have a chance to view championship trophies won by Boston’s four big sports teams --- the Bruins, the Celtics, the Patriots, and the Sox --- gathered together on a single table. |
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