Mass. Minimum Wage Workers Need 135-Hour Workweek to Afford Rent
With rent increasing by 6 percent year-over-year, the number of hours a minimum-wage worker would need to work to afford the median rent also increased by eight hours.
DiZoglio Says MBTA Communities Is ‘Unfunded Mandate’, Adding Wrinkle to Rebellion
Auditor Diana DiZoglio drew a sharp rebuke from Attorney General Andrea Campbell, a top defender of the zoning law that eases regulations for multifamily housing in neighborhoods close to public transit.
139 Apartments for Downtown Worcester Parking Lot
A parking lot a block from Worcester’s landmark Glass Tower office building is slated for over 100 new apartments under a design approved by the city Planning Board approved earlier this month.
Personnel File – No. 398
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Cambridge Legalized Multifamily Housing Citywide. Just as Remarkable: How They Got There
Just as significant as the ordinance itself: It was adopted by an almost unprecedented 8-1 City Council vote. Achieving that consensus took time.
Cooldown Expected for Once-Hot Summer Home Markets
Inventory constraints, higher interest rates and soaring home prices have taken their toll on the market for vacation homes, from New Hampshire’s Lakes region to Cape Cod.
Serious Flaws Mean Healey’s Housing Plan Vastly Underestimates Our Needs
Gov. Maura Healey’s new housing plan sets a 222,000-home goal. But what sounds ambitious is really an implicit endorsement of the status quo.
Hot Property: The Brigham’s Endoscopy Center
Brigham and Women Hospital’s updated Endoscopy Center reflects Margulies Perruzzi’s emphasis on natural light, improved wayfinding and welcoming public spaces in health care facilities.
Inside Cambridge’s Multifamily Ordinance
The city’s upzoning is expected to unlock new opportunities for housing production, and sets a strong precedent for other communities to follow. Here’s what other towns and cities need to know.
Fed Official: Need ‘Dust to Clear’ Before Deciding Next Moves
Austan Goolsbee, president of the Fed’s Chicago branch, said if tariffs don’t worsen inflation, rate cuts could resume.
Chamber Chief: Boston Should ‘Refocus’ On Spending, Growth
With property tax and mayoral election debates already underway in Boston, a top business leader plans Tuesday night to urge Mayor Michelle Wu and the City Council to slow spending growth and tap reserves for strategic priorities without implementing budget cuts.
State Completes Merger of MassDevelopment, MGCC
The 19 employees of the Massachusetts Growth Capital Corporation have transitioned into MassDevelopment as part of a legislatively-mandated merger.
Hot Property: Cruz Companies HQ
Boston-based Cruz Companies has completed its move to a new headquarters in a neighborhood where it’s been active in construction projects for decades.
The Making of a Top SBA Lender
Brookline Bank was named the top SBA 7(a) lender to manufacturers for 2024 by the Massachusetts SBA District Office. And Tom Smith is one of the people it can thank for that.
Compass One Reignites Fight, Fears Over Private Listings
From customer protection to the basic foundations of the real estate economy, a major brokerage’s move to grow its off-market listing business could have a big impact on the Massachusetts housing market.
The Perfect Time for a Smart, State-Focused Transportation Plan
Regardless of what happens in Washington, one thing is certain: Massachusetts must take action to take control of our transportation future.
Mass. ‘Eds and Meds’ Economy in Trump’s Crosshairs
Greater Boston’s acclaimed universities, hospitals, and affiliated research institutions are the fuel that made the region a juggernaut of the 21st-century knowledge economy. Now they are making it a target.
Housing Navigator Names New Leader
The Zillow-esque clearinghouse for affordable housing rentals has a new permanent leader after its founder announced last year she was stepping down.
Mass. Saw Official Population Surge in ’24 – Thanks to New Methodology
The Pioneer Institute is cautioning that the Census Bureau’s report that a surge in the number of Bay Staters was only driven by a better way of counting humanitarian migrants, not any change in the state’s affordability issues.
Fed Chair Says Bank Accounts ‘Safe’ Despite Trump’s Teardown of CFPB
Jerome Powell, testifying before the Senate Banking Committee, said “bank accounts overall across the economy are safe” and backed by government deposit insurance.
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