
Last Call for Nantucket Short-Term Rentals?
Short-term vacation rentals are a lucrative business in Nantucket and an important share of taxes for the town budget. But a court ruling has thrown the future of these vacation properties in doubt.
Short-term vacation rentals are a lucrative business in Nantucket and an important share of taxes for the town budget. But a court ruling has thrown the future of these vacation properties in doubt.
The one-two punch of rising interest rates and spiraling construction costs points to a slowdown in Greater Boston multifamily development, even as apartment rents and home prices shatter all-time records.
Today, all metrics for hospitality have been turned upside-down. In the era of COVID-19, size still matters but now it is the smaller that is better.
Boston developer Mount Vernon Co. is moving to where a big piece of the action is in the multifamily market.