MAR to Push for Transfer Tax Alternatives on Beacon Hill
In less than two months, hundreds of Realtors from across the commonwealth will gather under the gold dome of the Massachusetts State House. Here’s what we’ll be calling for.
Hot Property: The Davis Cos. Headquarters
Boston-based developer Davis Cos. hired architects Fogarty Finger to redesign its longtime headquarters overlooking the Rose Kennedy Greenway in the firm’s first project in Boston.
Boston’s Luxury Condo Market Still Cold
Red hot for years, has the Boston luxury condo market finally lost its sizzle? It looks like it – and developers’ ability to offer cash back at closing could be keeping prices from coming down.
How to Get a One-of-a-Kind Home, The Easy Way
Even though I live in a custom-designed house, I don’t recommend designing your own place from scratch. It’s not for everyone.
Looking Forward Will Maximize MBTA Communities Law’s Impact
With nearly every community complying, there’s still work to be done to make sure new zoning translates to new homes.
Does ‘Virtue Signaling’ Pay Off for Entrepreneurs?
Our research suggests consumers view a little bit of virtue language as reasonable and trustworthy. Higher levels of virtue signaling, however, can come across as dishonest.
Suffolk Downs Announces Rents at First Building
The first building at the 16 million-square-foot Suffolk Downs redevelopment is nearing completion and has begun marketing 475 apartments for occupancy in June.
Remodeling Forecast Says Spending Will Decline This Year
The latest forecast from Harvard University’s Joint Center for Housing predicts that a slump in Americans’ remodeling spending may be in store this year.
GSIR, Cronin Group Settle Lawsuit
One of Boston’s prominent luxury brokerages and the developer behind a new Seaport District condominium tower have buried the hatchet in a dispute over allegedly unpaid sales commissions.
BPDA Hits Winthrop Center Over Public Access Promises
The Boston Planning & Development Agency ordered developer MP Boston to open the centerpiece public amenity of its $1.3 billion Winthrop Center skyscraper on weekends to comply with an agreement with the city.
Transportation Secretary Gives ‘Unfiltered’ Take on Challenges
Using frank language rarely heard on Beacon Hill, Tibbits-Nutt weighed in on a series of major policy issues, from raising more money for transportation, to traffic enforcement and a major unresolved design question for the MBTA’s in-planning West Station.
Citizens Reports Private Bank Deposits Up $1.2B in Q1
Citizens Financial Group’s move to seize market share among the Northeast’s rich is gathering pace, executives said during the bank’s first-quarter earnings call Wednesday.
Fallon Co. Gets OK for Development Next to New NFL Stadium
The developer of Boston’s Fan Pier is set to begin another signature project transforming an urban waterfront.
Beige Book Casts Bright Light on Mass. Tourism
A recent survey of banking and business contacts around New England found tourism to be a bright spot in the regional economy, one with a “very bullish” outlook for the remainder of 2024.
Arup Exec Named Boston Climate Chief
Brian Swett is returning to Boston City Hall after a nine-year stint in the private sector to lead the city’s climate change and decarbonization policies.
Mass. Home Prices Kept Rising in March
Year-to-date, there have been 3,482 condo sales, a 6.2 percent decrease from the first three months of 2023 with a median sale price of $520,000, an 8.3 percent increase on the same basis.
Lab Vacancy Rate Nears 14 Percent
As more life science conversions and new developments were completed without tenants, Greater Boston’s lab vacancy rate rose to 13.7 percent in the first quarter.
Powell: Elevated Inflation Will Likely Delay Rate Cuts
“If higher inflation does persist,” he said, “we can maintain the current level of [interest rates] for as long as needed.”
In Milton Dispute, Campbell Will Work with the Town, but ‘the State Trumps’
Even as she takes Milton to court for flouting the MBTA Communities zoning law, Attorney General Andrea Campbell would like to tamp down murmurings that a rebellion is on its way.
City Councilors Raise Questions About Wu Tax Shift Plan
During a four-hour hearing Tuesday, most councilors didn’t take an explicit up or down stance, but voiced concerns about the long-term impact on real estate development or on small businesses.
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