News Summary Boston is experiencing a notable drop in new housing construction, with a 46% decline in projects initiated in 2023 compared to previous years.
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
News Summary The Grand Penthouse at the St. Regis Residences becomes Massachusetts’ most expensive home on the market, listed at an astonishing $49.5 million. The
News Summary FPA Multifamily has sold Zen Easton, a 99-unit apartment community for seniors, for $33 million. Located in Queset Commons, Easton, it features various
News Summary The influx of international students has bolstered Boston’s luxury market significantly. Retailers like Bulgari report increased sales, especially among wealthy students from cities
News Summary Massachusetts is grappling with a significant homeownership crisis, where home prices are disproportionately high compared to average incomes. In Greater Boston, the house-price-to-income
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
