BPDA Approves Big Downtown Tower Upzoning
Boston planning officials approved new downtown zoning regulations designed to encourage development of multifamily housing and reinvigorate investment offsetting declines in office occupancy.
Watch: Wu Welcomes First Residents of Downtown Office Conversion
The first residents of the first downtown Boston office building converted to apartments with city tax incentives have moved in.
Challenging the Myth: How Good Design Unlocks Office Tower Conversions
Our study of Boston’s One Lincoln and a successful conversion of a similar New York City office building show underutilized office towers can, in fact, become viable and vibrant housing.
Top Boston Attorney Warns Mayor on Office Tower Taxes
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.
Another Wake-Up Call for Boston’s Office Market
Greater Boston’s office market was showing signs of momentum before a financial services standard bearer provided a stark reminder about the new normal in workspace demand.
Pension Funds Losing Big from Slump in Office Values
For years, downtown office buildings were a solid bet for the public employee pension funds. Recent sales in downtown Boston show that’s not the case, anymore.
Wu Pledges Office Conversion Expansion
The city will also launch its first-ever anti-displacement program, Mayor Michelle Wu said during her annual State of the City address.
Action Items in the Works to Address Downtown Safety Concerns
Political heavy-hitters, from Mayor Michelle Wu to North End state Rep. Aaron Michlewitz and Suffolk County District Attorney Kevin Hayden, gathered with downtown residents and other stakeholders last week.
Wu Sees New Climate for Commercial Tax Rate Plan
Boston Mayor Michelle Wu suggested Monday that she hasn’t heard much feedback from Beacon Hill about the latest version of her property tax shift plan, just before a City Council committee hearing launched City Hall’s third attempt at getting a home rule petition through the Legislature.
Downtown High-Rise Plan Headed for Vote in February
The latest Boston downtown rezoning plan heads for approval next month with a new high-rise district designed to stimulate housing development.
PHOTOS: Giant Clown Heads Are Out. Big Pink Inflatable Men Are (Looking) In
The latest eye-catching – if potentially slightly unsettling – and humorous downtown Boston art installation is here.
Downtown BID Rebrands as the ‘Downtown Boston Alliance’
The nonprofit that serves as a main advocate for Boston’s downtown and downtown businesses is changing up its name as it rolls out its latest economic development initiative.
Financial District Offices Slated for New Residential Conversion
A mostly-vacant office building in Boston’s Financial District is the latest to join the city’s incentive program encouraging residential conversions.
‘Fear Factor’ Deters Residential Conversions in Boston
Boston is at a critical juncture as it faces a growing housing shortage alongside an abundance of underutilized office space. But the scale of conversions here has, so far, been underwhelming.
Boston Faces a Bigger Office – and Budget – Crisis Than You Think
Gone unnoticed amid all the heated debate are signs that the underlying problem – the decline in office building values – may be even more serious than first thought.
The Worst of Boston’s Tax Problems May Be Yet to Come
The good news is that Boston’s 2025 tax revenue crisis may not be as bad as some have feared. The bad news is office values may have further to fall.
New Boston Property Tax Outlook Shows Smaller Resi Jump
Updated assessment data from Boston City Hall shows a smaller projected increase in residential property taxes in 2025, but Mayor Michelle Wu is still lobbying for legislation shifting a larger portion of the tax levy onto commercial properties.
Breaking Through the Noise on Office-to-Residential Conversions
Converting an office space to housing has big benefits, but can be even more expensive than building housing from scratch. Political and business leaders must come together to find feasible solutions.
Citing BXP Data, Wu Says Boston Office Utilization Beats National Trends
The number of workers returning to Boston offices in person increased 10 percentage points this year, nearly double the national average, Mayor Michelle Wu announced at a business breakfast Wednesday morning.
Reclaim Boston’s Brand with Big Changes to Historic Area
Revolutionary Spaces is taking a fresh look at how we tell stories about Boston’s past. Local executives have a chance to be part of building a bridge to a more inclusive telling of American history.
