News Summary The Boston City Council has unanimously approved a resolution to create a Blue Ribbon Commission to address the rising office vacancy rates in
News Summary The Greater Boston life sciences sector is experiencing a significant shift as the lab vacancy rate reached 25%, up from nearly zero in
News Summary A recent report reveals that Boston’s suburbs are experiencing a surge in rental growth, attracting 25,500 new renters from 2018 to 2023. This
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 Commercial property owners in Boston are encountering unexpected tax penalties during abatement filings, termed the ‘hidden penalty.’ This trend leads to increased property
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 confronting a projected budget shortfall of $1.7 billion over the next five years, a rise from earlier estimates. A report by
News Summary Governor Maura Healey has unveiled a major initiative to create up to 3,500 new housing units on state-owned land in Massachusetts. The state
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