
Boston Faces $1.7 Billion Decline in Commercial Property Tax Revenue
News Summary A recent study highlights a potential $1.7 billion drop in Boston’s commercial property tax revenue over the next five years, attributed to changing
News Summary A recent study highlights a potential $1.7 billion drop in Boston’s commercial property tax revenue over the next five years, attributed to changing
News Summary Bulfinch Cos. aims to revise its development plans for the former Muzi Ford site in Needham, shifting from a life sciences complex to
News Summary Boston is witnessing a 6% rise in restaurant prices, echoing a national trend. Factors such as tariffs and supply chain challenges are affecting
News Summary Commercial property owners in Boston are encountering unexpected tax increases after filing for tax abatements, a trend highlighting rising assessed values contrary to
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
News Summary Boston is facing significant budgetary pressures as over 52% of its land is exempt from property taxes, mainly due to nonprofit institutions like
News Summary The Greater Boston housing construction market has dropped to a decade low, with permits for new homes significantly declining. Rising construction costs and
News Summary Boston’s B-Side initiative has received top honors at the International News Media Association Awards in New York City. This local effort focuses on
News Summary Boston is preparing for a significant downturn in international tourism, particularly impacted by a projected 20%-25% decrease in Canadian visitors. The hospitality and
News Summary Boston is facing a projected 10% drop in international visitors by 2025 due to economic and diplomatic tensions. This decline reflects a nationwide
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