The Town of Charlestown Massachusetts

 

Charlestown is the oldest neighborhood in Boston, Massachusetts. Originally called Mishawum by the Native Americans, it is located on a peninsula north of the Charles River, across from downtown Boston, adjoining the Mystic River and Boston Harbor. Charlestown was laid out in 1629 by Thomas Graves. It was originally a separate town and the first capital of the Massachusetts Bay Colony. It became a city in 1848 and was annexed by Boston on January 5, 1874.

Originally a Puritan English city during the Colonial era (a time to which many of the neighborhood’s structures date), Charlestown was founded in 1628 and settled July 4, 1629 by Thomas Graves and about a hundred others who preceded the Great Migration. John Winthrop’s company stopped here for some time in 1630, before deciding to settle across the Charles River at Boston.

The territory of Charlestown originally included what is now Melrose and Malden (both until 1649), Stoneham (until 1725), Somerville (until 1842), Medford, Everett, Woburn, Burlington and parts of Arlington and Cambridge. On June 17, 1775, the Charlestown Peninsula was the site of the Battle of Bunker Hill. Much of the battle took place on Breed’s Hill, overlooking the harbor and the town, only about 400 yards from the southern end of the peninsula. Bunker Hill is near the northwest end of the peninsula, close to Charlestown Neck and about a mile from the Charles River.

 

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J. Butler Property Management, LLC. : Charlestown, Massachusetts

One property management expert has observed that strategies from baseball can be very instructive with regard to teaching property managers about retaining tenants. Retaining existing tenants is a key task for the property manager. What does baseball have to teach us about retaining an existing tenant base? In baseball, the manager decides which players get to play, what position they take and what the batting order will be. Look to the role of a baseball manager to develop and field a lineup that will score hits with your current tenants, your fans. As in baseball, look for which players (in this case, tactics) lead to the most Batted In Runs (BIRs). Let’s think in terms of a real estate or property management World Series. In terms of scoring runs in real estate, think of BIRs as Business Incentives Retained. In baseball, all managers watch BIR production closely. Thinking like a baseball manager can help the property manager understand how BIRs are cost-effective and how they stand to help maintain or increase net operating income. Pay attention to which batter in the lineup leads in BIRs. BIR #1: Tenants renew their leases. It’s more cost-effective to retain tenants than to bring in new ones. Tenant improvement dollars are lower on a renewal than for a new tenant. Commissions are higher for procuring new business for your building. BIR #2: Eliminate empty space. Vacated space may remain unoccupied for many months, causing a drop in cash flow. BIR #3: Teammates grow. BIR #4: Prevent the trading of players.