by Steve Adams | Mar 28, 2024
Boston Mayor Michelle Wu is seeking the option of shifting a larger portion of the city’s property tax levy onto commercial and industrial properties as soon as fiscal year 2025 to compensate for anticipated declines in values.
by James Sanna | Mar 28, 2024
Roxann Cooke, one of the most prominent Black women in the Massachusetts banking industry, is leaving Boston. But she’s staying with JPMorgan Chase.
by James Sanna | Mar 28, 2024
Starting in July, many of the main functions of the Boston Planning & Development Agency will be transferred over to a new city Planning Department. But key elements remain unresolved.
by State House News Service | Mar 28, 2024
The university will embark on a massive, nearly $800 million development campaign poised to bring hundreds of units of housing, hundreds of thousands of square feet of commercial space and a new dormitory to the Mill City.
by Steve Adams | Mar 27, 2024
The Massachusetts Convention Center Authority will drop its immediate plans for development of 6.5 acres near the Boston Convention and Exhibition Center, opting for a broader look at its strategy and the changing market conditions in commercial real estate.
by Banker & Tradesman | Mar 27, 2024
Santander Bank announced Wednesday morning that Swati Bhatia, formerly of Goldman Sachs’ Marcus banking unit, has taken over its retail banking arm.
by State House News Service | Mar 27, 2024
Rep. Aaron Michlewitz said it’s been difficult to develop this spending plan because he’s not exactly sure what’s led to state tax collections running $186 million behind last yea
by Steve Adams | Mar 27, 2024
A Needham developer seeks to redevelop a vacant restaurant site in Middleton with a combination of retail space and 60 apartments.
by Steve Adams | Mar 27, 2024
The first phase of a speculative industrial development by The Davis Cos. in Wilmington landed a full building lease from a medical device company.
by James Sanna | Mar 26, 2024
The city of Boston’s Neighborhood Housing Trust Fund is contributing $69 million to 14 mostly-affordable developments across the city this year, Mayor Michelle Wu announced Friday.
by State House News Service | Mar 26, 2024
Gov. Maura Healey said she hopes that communities considering defying the state’s multifamily zoning law will instead work with the state.
by Steve Adams | Mar 26, 2024
A Dorchester waterfront property approved for a $90 million redevelopment that’s embroiled in a legal dispute will be put up for auction.
by Steve Adams | Mar 26, 2024
The new owner of a Bulfinch Triangle office building is considering options including a residential conversion after acquiring it for a 63 percent discount from its previous sale in 2018.
by Steve Adams | Mar 25, 2024
Wary of a backlash at an upcoming town meeting, Burlington officials approved a plan to comply with the MBTA Communities law by rezoning four areas for multifamily development that already include large housing complexes.
by James Sanna | Mar 25, 2024
Electrification of the MBTA’s commuter rail lines has been a long-held dream for developers, riders and transit advocates, alike. And Boston residents could be first in line for a preview of what it could look like.
by James Sanna | Mar 25, 2024
A Hyde Park senior housing development that saw its financing package upended by national politics appears to have come out on top, in the end.
by The Associated Press | Mar 25, 2024
Real estate brokerage company Compass Inc. will pay $57.5 million as part of a proposed settlement to resolve lawsuits over real estate commissions, the company said in a regulatory filing Friday.
by Steve Adams | Mar 25, 2024
Boston Properties completed its partial sale of a Kendall Square life science project that values the two-building development at over $2,000 per square foot.
by Steve Adams | Mar 24, 2024
Zoning changes designed to revitalize downtown Hyannis got immediate traction from developers proposing multifamily housing. But a leadership change on the Barnstable Town Council is driving fears of a rollback.
by Banker & Tradesman | Mar 24, 2024
Money for a sewer and water connection isn’t headline news – unless it means unlocking 6,000 long-anticipated housing units near a commuter rail station.