Commercial Interests
A Banker & Tradesman Blog
Is Housing a Vulnerability for Wu? She Seems to Think So
With Boston’s mayor being challenged on her housing record, she seems to be trying to burnish her credentials by taking credit for homes permitted under her predecessors.

Beacon Hill Should Be Bargain-Hunting on Infrastructure Right Now
Amid a big drop-off in private-sector construction, a relatively booming public sector beckons for contractors seeking to stay afloat.

Healey’s Pro-Housing Nonprofit Seems to Rack Up Few Wins
The nonprofit Gov. Maura Healey formed to help fund pro-housing fights appears to be doing just enough to anger some local voters but only delivering modest financial support for its cause.

State Needs New MBTA Communities Strategy
The debacle in Needham last week should be a wake-up call for the Healey administration, which needs to reconsider its whole approach.

Why It Matters that Mass. Is Missing Out on the Data Center Boom
Despite being home to research powerhouse, Massachusetts is nowhere to be found on the top 15 markets across the country for data centers. That’s hurting our ability to access this new source of blue-collar jobs.

Could North-South Rail Link Help Build More Housing?
It could be just the ticket to stop the MBTA in its tracks as it forges ahead with one of the most outrageous government boondoggles in recent years.

In White Stadium Fight, Echoes of Boston’s Past
A quarter-century separates Boston Mayor Michelle Wu’s controversial soccer arena plans and the city’s last major sports stadium battle. Could they end the same way?

Government Workers Are Key to Downtown Boston’s Revival
Boston’s mayor and Massachusetts’ governor have been cheerleaders for downtown firms to bring their employees back to the office full-time. But they could be doing a lot more with their own workforces.

Boston Mayor Angers Neighborhood Activists
Has Boston Mayor Michelle Wu managed to unite real estate developers and neighborhood activists against her with pending tax increases on homeowners and the White Stadium redevelopment?

Mass. Is Losing Our Youngest. Blame Taxes and the Cost of Living
A pair of studies suggest the accelerating departures mean a state revenue bump from the Millionaires Tax will be relatively fleeting.

A Top Developer’s Stark Warning on Housing Construction
Don’t look now, but the housing shortage that has driven home prices and rents to insane levels is about to get even worse. And many towns and cities still aren’t doing their part.

Lower Fed Rates Haven’t Opened the Housing Floodgates
Developers pulled building permits for just 82 new Boston units in the last two months, the worst fall showing in nearly a decade. The cost of city policies is partly to blame.

Notable Biz Groups Absent from Deal on Boston Tax Rate Hikes
Next time it may not be so easy for Boston’s mayor. And given current market trends, not only will there almost certainly be a next time, and it won’t be long in coming, either.

On Linnaean Street, a Divide that Helps Keep Housing Costly
It was one of the most telling exchanges of Democratic Sen. Elizabeth Warren’s debate with Republican challenger John Deaton. And it reveals a lot about why bolder action on housing costs has been so elusive.

Boston Faces a Bigger Office – and Budget – Crisis Than You Think
Gone unnoticed amid all the heated debate are signs that the underlying problem – the decline in office building values – may be even more serious than first thought.

The Worst of Boston’s Tax Problems May Be Yet to Come
The good news is that Boston’s 2025 tax revenue crisis may not be as bad as some have feared. The bad news is office values may have further to fall.

State Leaders Celebrate Without a Victory
If political happy talk could be converted into housing units, the cost of a home wouldn’t be nearing $1 million in Greater Boston. But it’s a reality our state and local pols seem incapable of grasping.

Muted Reaction to Wu’s $100M Housing Fund, Return of Top Planner
Developers and real estate executives weren’t tapping furiously at their keyboards and burning up my phone line in praise of the mayor’s announcement of a $100 million “Housing Acceleration Fund.”

Progressive Leader Misses the Mark with Housing Plan
Congresswoman Alexandria Ocasio-Cortez rose to national prominence with her Green New Deal. Now, she’s turning her attention to the nation’s housing crisis with similar fanciful thinking.

The Fed’s Cuts Come Too Late for Housing
The Fed’s long-awaited cut comes too late to save the housing market, which is now mired in what is likely to be a prolonged slump that could take years to climb out of.