A relatively small group of NIMBY homeowners has paralyzed the housing market in the suburbs of Boston, choking off new construction and driving up prices and rents.
From the Back Bay and South Boston to the commuter suburbs on Route 128 and I-495, home prices in the Boston area and across Massachusetts are smashing one record after another.
Sorry, but no city needs to blow $100 million in a bid to pump up civic pride. Especially Worcester, which struggles each day to pay for basic services like schools and police.
It’s got to be tough to be head of your local trade group, whether it’s representing retailers, construction contractors or, in the case of David Begelfer, real estate developers.
The U.S. Office of the Comptroller of the Currency announced earlier this month that it would begin accepting applications for national bank charters from fintech companies, a move that will likely streamline the regulatory process for pioneers in the banking space.
What’s in a name? Apparently not much if it happens to be the “Innovation District.” Boston City Hall’s years-long, head-scratching attempt to rename the booming Seaport is officially dead.
As the former Arsenal Mall in Watertown is partially demolished to make way for the mixed-use Arsenal Yards development, one question remains unresolved: what’s happening to the old Boston Garden scoreboard that used to hang above the mall’s food court?
Boston Mayor Marty Walsh doesn’t strut around acting like the city’s development czar. He doesn’t design tower tops, as his legendary predecessor did, to the detriment of the city’s skyline, with the resulting “baby bottle” high-rise at 111 Huntington.
Another year and yet another epic fail for comprehensive zoning reform in Massachusetts.
It’s nearly impossible these days to get approval for even the humble in-law apartment thanks to the housing snobs who call the shots in too many Boston-area suburbs and towns.
A pair of smug NPR commentators recently took the Trump Administration’s cabinet chiefs to task for their lack of relevant experience.
When it comes to the latest politically charged battle over development on Boston’s waterfront, as the immortal Yogi Berra once said, “it’s déjà vu all over again.”
Just call it a case of tunnel vision.
Posh suburbs and tony neighborhoods regularly record single-family median sale prices of $1 million or more, while the median sale price in Greater Boston has hit a record $612,000.
We’ve hit a new low here in NIMBY Massachusetts, where proposals for new apartments are often greeted by local officials and neighbors with as much enthusiasm as toxic waste dumps.
Maybe you can’t wait to bet on the Celtics or Patriots, or maybe you don’t particularly give a hoot. But either way, if we’re going to legalize sports betting in Massachusetts, could we just pass a bill and get it over with and not spend years pointlessly debating it?
By all means, proud but beleaguered UMass Boston should take up Mayor Marty Walsh’s offer to sit on the search committee for the university’s next chancellor when the hunt for a new leader resumes.
Owners of the Kimpton Nine Zero hotel sought to refresh the property with a nod to Boston history while steering clear of the local cliches.
When you are grappling with a problem as big as Massachusetts’ housing crisis, incremental, small-bore solutions just won’t cut it. In fact, such feel good efforts may even do more harm than good, creating the illusion of real action when nothing much is really being done.
Things can get much worse right now for homebuyers, and not just in Greater Boston, but in major metro markets across the country. Listings are down by double digits. Buyers are forced to duke it out in bidding wars for increasingly overpriced and older homes in need of work, especially in