Embracing Sustainability Offers a Solution to Boston’s Office and Housing Crises
There is a clear opportunity to embrace sustainability strategies while reconfiguring Boston’s building stock for a more sustainable future.
There is a clear opportunity to embrace sustainability strategies while reconfiguring Boston’s building stock for a more sustainable future.
With capital hard to come by, even the promise of city fines and higher-paying tenants attracted to green energy upgrades may not be enough to make downtown building owners act.
New hotel construction has slowed to a crawl in Boston since COVID but a new source of room supply is emerging in conversions spurred by the city’s struggling office market.
Class B office space in Boston backs a considerable number of mortgages set to mature between 2023 to 2026, but at a lower rate than many other metro areas in the country.