99 Bedford Sold to Chevron Partners
A Boston developer was the high bidder for a downtown office building that sold for a 62 percent discount on its 2019 transaction.
A Boston developer was the high bidder for a downtown office building that sold for a 62 percent discount on its 2019 transaction.
Facing criticism for not addressing steep tax hikes in Boston and a legislative stalemate on Beacon Hill, the Senate plans to sidestep the House and possibly advance its own proposal that could deliver limited relief in any Massachusetts city or town.
The solutions are viewed as either a Band-Aid or desperately needed residential relief, but it’s clear that property taxes in the city of Boston are again a focus of City Hall and State House debate.
Could Boston be faced with a repeat of the infamous Tregor decision, the decades-old state court ruling that upended city finances? A top city real estate lawyer thinks so, and he’s urging Boston’s mayor to take precautions.
It’s not just One Lincoln: A second downtown Boston skyscraper could hit the market and offer another indication of how far high-end office property values have fallen since the pandemic.