A three-step, 12-cent gas tax increase, fare-free MBTA and regional transit authority buses, new surcharges on parking space rentals and purchases, higher ride-hailing fees and more all featured in a new overhaul bill proposed by the Massachusetts Senate’s point person on transportation.
Massachusetts banks saw the pandemic-induced deposit surge continue in the fourth quarter, as the year ended with a 25 percent increase in deposits compared to 2019.
Watermark Development unveiled plans to redevelop the former Doyle’s Cafe property in Jamaica Plain, including a new version of the storied neighborhood hangout, a small grocery and 23 condominiums.
BioMed Realty’s appetite for life science sites in Boston continues with the pending acquisition of a speculative office building nearing completion in South End.
Concord-based Winstanley Enterprises and Surrey Equities have sold a grocery-anchored retail center in Watertown for $35.5 million following the extension of a long-term lease by Stop & Shop Supermarket Co.
Lynnfield developer Procopio Cos.’ newest multifamily project on the Beverly waterfront is offering up to two months free on some units as it opens its second phase.
A 55,000-square-foot lease by a logistics company is bringing a new development project to Devens, the state-run business park.
A national survey by Zillow suggests a successful COVID-19 vaccine rollout could help ease the inventory crunch blamed for the rapid run-up in home prices.
Federal Reserve Chair Jerome Powell underscored the U.S. economy’s ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.
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