Boston Business News
BUSINESS NEWS
Small Businesses in Boston Urged to Adopt Financial Tools
Boston, August 22, 2025 News Summary Boston small businesses are advised to enhance their resilience amid inflation and supply chain challenges by utilizing essential financial tools. A guide has identified 10...
Boston Office Owners Challenge Property Tax Assessments
Boston, August 22, 2025 News Summary In light of rising vacancy rates and declining market values, commercial property owners in Boston are filing appeals to lower their property tax assessments. The...
Boston Police Investigate Surge in Vehicle Thefts
Boston, August 22, 2025 News Summary Boston Police have launched an investigation into a significant rise in vehicle thefts, reporting a more than 30% increase compared to last year. In the...
Boston Partners Reduces Stake in ADT Inc.
Boca Raton, Fla., August 21, 2025 News Summary Boston Partners has decreased its shareholding in ADT Inc. by 23.9%, selling over 60,000 shares in the first quarter. This decision comes amid...
Boston Housing Market Sees Record Prices Amid Affordability Challenges
Boston, August 21, 2025 News Summary The Boston housing market is experiencing record-level home prices as median sale prices for single-family homes and condos reach astonishing highs. Affordability remains a key...
Celtics Owner Bids $325 Million for Connecticut Sun Amid Relocation Issues
Boston, August 20, 2025 News Summary Steve Pagliuca, a former minority owner of the Boston Celtics, has made a $325 million bid to purchase the Connecticut Sun. This includes a proposed...
Comcast Announces New Grant Packages for Small Businesses
Boston, August 20, 2025 News Summary Comcast has unveiled plans to distribute 500 grant packages to small business entrepreneurs across five U.S. regions, including Boston, Grand Rapids, Nashville, Seattle, and South...
Comcast to Award 500 Grants to Entrepreneurs
Boston, MA, August 19, 2025 News Summary Comcast has announced the distribution of 500 grant packages to entrepreneurs in five U.S. regions, aimed at fostering small business growth. Each recipient will...
Comcast RISE to Award 500 New Grants to Small Businesses
Boston, MA, August 19, 2025 News Summary Comcast has announced it will award 500 grant packages to small businesses across five U.S. regions for operational and growth support. Each package includes...
Finance
Small Businesses in Boston Urged to Adopt Financial Tools
Boston, August 22, 2025 News Summary Boston small businesses are advised to enhance their resilience amid inflation and supply chain challenges by utilizing essential financial tools. A guide has identified 10...
Boston Office Owners Challenge Property Tax Assessments
Boston, August 22, 2025 News Summary In light of rising vacancy rates and declining market values, commercial property owners in Boston are filing appeals to lower their property tax assessments. The...
Boston Partners Reduces Stake in ADT Inc.
Boca Raton, Fla., August 21, 2025 News Summary Boston Partners has decreased its shareholding in ADT Inc. by 23.9%, selling over 60,000 shares in the first quarter. This decision comes amid...
Boston Housing Market Sees Record Prices Amid Affordability Challenges
Boston, August 21, 2025 News Summary The Boston housing market is experiencing record-level home prices as median sale prices for single-family homes and condos reach astonishing highs. Affordability remains a key...
Celtics Owner Bids $325 Million for Connecticut Sun Amid Relocation Issues
Boston, August 20, 2025 News Summary Steve Pagliuca, a former minority owner of the Boston Celtics, has made a $325 million bid to purchase the Connecticut Sun. This includes a proposed...
Comcast to Award 500 Grants to Entrepreneurs
Boston, MA, August 19, 2025 News Summary Comcast has announced the distribution of 500 grant packages to entrepreneurs in five U.S. regions, aimed at fostering small business growth. Each recipient will...
Comcast RISE to Award 500 New Grants to Small Businesses
Boston, MA, August 19, 2025 News Summary Comcast has announced it will award 500 grant packages to small businesses across five U.S. regions for operational and growth support. Each package includes...
William Chisholm’s Group Acquires Boston Celtics for $6.1 Billion
Boston, August 19, 2025 News Summary William Chisholm’s investment group has successfully acquired the Boston Celtics for $6.1 billion, the highest price paid for a professional sports franchise in the U.S....
Bill Chisholm Acquires Majority Control of Boston Celtics
Boston, August 19, 2025 News Summary Bill Chisholm has successfully acquired majority control of the Boston Celtics for a record $6.1 billion. This unprecedented transaction was unanimously approved by the NBA...
CONSTRUCTION
Connecticut Set to Launch NextGen Acela Trains
News Summary Amtrak is preparing to introduce its new high-speed NextGen Acela trains on August 28, enhancing rail travel in the Northeast Corridor. The upgraded trains will connect Washington D.C.,...
Boston’s Industrial Real Estate Market Faces Cooling Trends
News Summary Boston’s industrial real estate market is experiencing a slowdown with reduced leasing activity and rising vacancy rates. The vacancy rate has climbed to 8.1%, while negative net absorption...
Boston Facing Construction Budget Strains Amid Tariff Uncertainty
News Summary The Boston construction industry is experiencing significant budget challenges due to tariffs affecting material costs and project timelines. Local contractors report difficulties that could delay projects and lead...
Best ERP for Commercial Construction Firms in Boston, MA | 2025 Guide
Boston, MA, Aug 5, 2025 Best ERP for Commercial Construction Firms in Boston, MA: Enhance Project Management with CMiC ERP For commercial construction firms, MA, managing projects efficiently while controlling costs...
Massachusetts Tackles Housing Shortage with Office Conversions
News Summary Massachusetts is addressing a significant housing shortage by converting older office buildings into residential units. With 15 office-to-residential projects proposed or approved in Boston alone, developers aim to...
Mayor Wu Proposes Zoning Changes to Revitalize Boston
News Summary Boston is poised for transformation as Mayor Michelle Wu proposes new zoning laws designed to revitalize the downtown area. The proposed changes aim to address high vacancy rates,...
Boston’s Shift Towards Vocational Education Amid Rising Costs
News Summary Boston is experiencing a notable shift in attitudes towards vocational education as the costs of college rise. With average college graduate salaries peaking at $60,000, skepticism about the...
Lego Group Opens New U.S. Headquarters in Boston
News Summary The Lego Group has officially established its new U.S. headquarters in Boston, moving from Connecticut after 50 years. The new office spans 157,000 square feet and is set...
Transom Real Estate Wins Bid for Medford Square Development
News Summary Transom Real Estate has secured a bid to develop three city-owned parcels in Medford Square, set to include 283 housing units and commercial spaces. The project features a...
Real Estate
Boston Office Owners Challenge Property Tax Assessments
Boston, August 22, 2025 News Summary In light of rising vacancy rates and declining market values, commercial property owners in Boston are filing appeals to lower their property tax assessments. The...
Boston Housing Market Sees Record Prices Amid Affordability Challenges
Boston, August 21, 2025 News Summary The Boston housing market is experiencing record-level home prices as median sale prices for single-family homes and condos reach astonishing highs. Affordability remains a key...
Canton Sells Site for 49 Condominium Residences
Canton, Massachusetts, August 19, 2025 News Summary A 2.21-acre site in Canton has been sold for $4.6 million to develop 49 condominium residences. This project will capitalize on local zoning overlays...
Boston’s Luxury Home Values Surpass $3 Million Milestone
News Summary Boston’s luxury real estate market has reached new heights, with typical home values now exceeding $3 million. This places the city as the eighth most competitive metro area...
Boston’s Transformative Journey Towards Diversity and Inclusion
News Summary Boston is at a pivotal moment, focusing on diversity and inclusion under Mayor Michelle Wu’s leadership. With a diverse city council, local businesses, and cultural initiatives, the city...
Boston’s Industrial Real Estate Market Faces Cooling Trends
News Summary Boston’s industrial real estate market is experiencing a slowdown with reduced leasing activity and rising vacancy rates. The vacancy rate has climbed to 8.1%, while negative net absorption...
Boston Life Sciences Real Estate Faces Vacancy Crisis
News Summary The Greater Boston life sciences real estate market is currently experiencing unprecedented vacancy levels, with 17 million square feet available. New lab space deliveries without tenants are driving...
Federal Government Considers Sale of Boston Office Buildings
News Summary The federal government is exploring the sale of three major office buildings in downtown Boston, including the JFK Federal Building and the O’Neill Federal Building. This decision stems...
Boston Housing Market Reaches All-Time High
News Summary The Greater Boston housing market has hit a record median price for single-family homes at $1,003,250 in June, reflecting a 2.4% increase from May. Advocates express concern over...
