Massachusetts Is Building Momentum in Transportation
It may come as a surprise to hear, but we’ve recently turned some big corners in fixing some very real problems. Now we need a vision for the future.
Hot Property: Duo Chelsea
A 330-unit apartment complex scheduled to open in November includes a roof deck with Boston skyline views and proximity to the MBTA Silver Line’s Eastern Avenue station in Chelsea.
Big Landlords, Big Rent Increases and Big Mistakes
When will local progressive politicians see – and act – on how their policies are enabling sizable rent increases by stifling housing construction?
Housing Bill’s Momentum Fund Has Potential for Outsized Impact
Designed to provide flexible financing to invest directly in market-driven, mixed-income housing projects that are currently stalled, this innovative fund holds significant promise.
Winthrop Is Latest Front in MBTA Communities Fight
When it comes to fighting back against a new state law aimed at getting communities to welcome more housing, Winthrop could be the next Milton.
Redevelopment Could Close Alewife Garage for Two Years
Redevelopment of the MBTA’s Alewife station and garage could require the complete closure of the 2,733-space parking facility for 28 months, MBTA officials said in presenting options for a public-private partnership to developers this week.
Consumers Want More Digital Mortgage Options
With the ability to secure a mortgage without ever stepping in a physical location, digital verification plays an important role.
Average Mortgage Rate Falls to Lowest Level in Over a Year
The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a welcome affordability boost for prospective home shoppers and homeowners looking to refinance their home loan to a lower rate.
Boston Home Values Among Highest in Country
The Massachusetts capital was among the top five metros nation-wide in aggregate home value.
Developer Submits 466-Unit Housing Plan in Beverly
Braintree-based developer John M. Corcoran & Co. is resuming its efforts to develop 466 housing units on a Beverly property after a state Land Court ruled against town officials in an earlier proposal.
Mayor Ready to Dial Each Senator in Property Tax Push
Senators be aware: If you get a call from a 617 phone number in the coming days, it could be Boston Mayor Michelle Wu.
Business Confidence Ticks Up in Mass. After Down June
After a slight dip, business confidence is back on the rise.
Progressives Say Housing Bill ‘Left So Much on the Table’
As Gov. Maura Healey and lawmakers celebrated what they called “historic” housing legislation getting signed into law Tuesday, some of the advocates credited with influencing the bill say it is “underwhelming.”
Citing Less Construction, Major Boston Landlords Plan Big Rent Hikes
Executives with Equity Residential and AvalonBay told stock analysts that low rates of housing production in Massachusetts let them raise rents nearly 5 percent year-over-year.
Spilka Pans Wu Tax Bill After Mayor’s Comments
Senate President Karen Spilka reacted sharply after Boston Mayor Michelle Wu suggested Boston homeowners would have the Senate to blame if state lawmakers don’t pass her proposal to temporarily hike the city’s commercial property tax rate.
Healey Inks $5.16B Housing Bill
A notable provision: A $13 million allocation for a Davis Cos. residential development in Allston as part of a “momentum fund” to help get approved developments off the ground.
Economists Report “Pleasant Surprise” in Mass.
On a day when the global financial markets took a sharp turn downward on signs of a U.S. economy slowdown, the economists at MassBenchmarks reported the “pleasant surprise” that state economic growth exceeded expectations in the second quarter.
Survey Finds Homebuyers Will Compromise on Safety, Natural Disasters
With costs continuing to rise, prospective homebuyers are making sacrifices to achieve homeownership.
High Rates Spurring Slowdown Fears, But Recession Signals So Far Wrong
The turmoil shaking global financial markets partly reflects a sudden fear that the Federal Reserve may have held its key interest rate too high for too long, heightening the risk of a U.S. recession.
Wu Names Osgood to New Resiliency Post
A new Office of Climate Resilience at Boston City Hall will oversee the city’s attempts to limit the effects of climate change-induced flooding and extreme heat.
