Bankers’ Help Will Be Key to Downtown’s Next Chapter
Retail vacancies are dropping and the number of restaurants and new, diverse businesses are rising, but downtown property owners need lenders’ help to confront broader headwinds.
Boston Announces Details of $9M Vacant Storefronts Effort
Boston Mayor Michelle Wu’s office has announced a new grant program that hopes to turn vacant downtown storefronts into growth opportunities for minority and women entrepreneurs.
As Downtown Reawakens, Landlords Slow to Benefit
Downtown Boston’s pedestrian activity is rebounding to the highest levels since the beginning of the pandemic, but office tenants’ trial-and-error approach their future real estate needs continues to drive up vacancies.
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