Molly Peters

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Housing Revolution for Bloomberg Markets
molly peters
Feb 13, 2025
My latest feature for Bloomberg Markets, "Housing Revolution," published today, written by Prashant Gopal. The story examines the conflicts arising as historic communities like Lexington, Massachusetts, adapt zoning laws with the goal of producing more multi-unit housing options. The first shots of the American Revolution were fired on the Battle Green in Lexington, and today it's among the wealthiest suburbs of Boston. While some residents welcome more available housing, others are hesitant, citing concerns of traffic congestion and educational costs, and hope to roll back recent zoning revisions allowing new construction to take place.

I met and photographed three people for the story: Ben Finnegan, a developer with multiple ongoing projects in Lexington, where he lives, including one near the Battle Green. At that site, he moved the historic house which had been set further back off the street, so it now sits along the street in line with other historic homes in the neighborhood. The land towards the back of the lot, where the house used to be, is now an active construction zone as he builds condominiums to increase available housing. Dawn McKenna, who is currently running for Lexington Select Board, got engaged near a monument on Battle Green and lives with her husband in an historic home on the Green, where they raised their two children, now adults. She opposes the changes to the zoning laws in their current form, attached to a vision of what Lexington used to be. Salvador Jaramillo, a son of Korean and Mexican immigrants and recent Harvard graduate, had been the youngest member of Lexington's Town Meeting. Now he works for the state's Attorney General's office, living in Cambridge, MA, after being priced out of his home town of Lexington.

Read the full piece on Bloomberg Markets here.
See a wider edit of photographs from the story on my website here.
Housing Revolution - Bloomberg Markets - Molly Peters Photography
"Housing Revolution" examines the conflicts arising as historic communities like Lexington, Massachusetts, adapt zoning laws with the goal of producing more multi-unit housing options.
Mollypetersphoto.com
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Housing Revolution for Bloomberg Markets by Molly Peters
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