Luxury Market Takes a Breather
Boston’s luxury multifamily market is showing signs of a slowdown, and it is unlikely things like luxe amenities will move the needle in generating more sales.
Is Limited Inventory Masking Weak Demand?
It’s been my view that limited inventory has been masking weak underlying demand. Even in communities where inventory is still constrained, the near-term inventory trends are sharply higher.
June 24, 2024
TOPA Is Back – But Still Unworkable at Its Core
Everyone agrees that we need to generate more affordable housing. Unfortunately for both property owners and tenants, a “tenant right of first refusal” proposal made it into the House version of Beacon Hill’s big housing bill.
Raising Taxes on Businesses Won’t Protect Boston Residents
Whether or not Boston lowers its residential property tax rate in the short-term, the city’s residential tax rate will likely climb 40 percent by 2029. Building more housing is the only way out.
Condo Construction Slowdown Points to Price Hikes
The Greater Boston luxury real estate market has experienced an “attitude adjustment” during the past year and a half thanks to high interest rates, lack of product and buyers unwilling to move.
Your House Can Hurt You
A new analysis of Consumer Product Safety Commission data shows that millions of visits to local emergency rooms are the result of accidents in the home.
Boston Team Owners Go From Trophies to Towers
These days everyone seems to have a side hustle going. Apparently, that also includes the fabulously wealthy owners of Boston’s pro sports teams, all of whom have made real estate a second career of sorts.
Right of First Offer Derails a Friendship
A Land Court judge in early April ruled on a dispute over a peculiar real estate side agreement between Provincetown neighbors involving a poorly-drafted side agreement.
Hot Property: The Alder Opens in Allston Yards
Nearly 30 percent of the market-rate apartments at the newly-completed Alder apartments are leased as the first residential building opened last month at the Allston Yards development.
A Hotel Makeover That’s Ripped from the Headlines
The first draft of history takes center stage at a newly-renovated boutique hotel in downtown Nantucket. Hotel owner and N magazine publisher Bruce Percelay looked to newspaper clippings of local historic events to inspire its new branding.
We Need More Family-Sized Homes in the City, Small Homes in the Suburbs
Greater Boston needs lots of housing. But it also needs the right kind of housing to match its demographic trends: seniors needing single-level living and young families needing bigger homes.
Insuring Vacation Properties Has Its Share of Quirks
If you don’t tell the insurance company that their getaway home is not always occupied, they could be in for some surprises.
Hot Property: The Beck
Construction of a transit-oriented development in Haverhill recently passed a milestone with the commencement of interior fitouts for the 290-unit complex known as The Beck.
June 17, 2024
Proposed State Stormwater Regulations Will Undermine Our Housing Goals
Rigid and in some cases overengineered solutions would not make projects more resilient, and instead could significantly cut the amount of housing we can produce.
Poised to Ride Out the CRE Cycle
Callahan Construction Managers has kept busy at a wide range of notable local development projects, but under Patrick Callahan’s leadership it’s expanded its reach from New Jersey to Maine as the larger commercial real estate industry suffers.
Poll Shows It’s Up to Healey to Guide State’s Housing Fixes
When it comes to tackling the housing crisis, Massachusetts voters want an all-of-the-above approach. That’s one message to take away from a recent poll.
An Office Titan Faces a Philosophical Question
Boston Properties, our hometown real estate giant, recently found itself confronted with a question that would have been unthinkable before the watershed year of 2020.
July 10, 2024
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