After continuing to ascend driven by life science industry momentum through the early stages of the COVID era, Greater Boston’s commercial real estate industry felt the gravitational pull of financial markets’ tighter lending standards and industry layoffs in 2022.
Boston Mayor Michelle Wu has rolled the dice on maybe one of the biggest gambles she’ll take in office. But Cambridge’s and San Francisco’s experiences with similar affordability mandates suggest Wu risks curtailing Boston housing construction.
Despite the uncertain environment facing the real estate world as 2023 looms, Boston Mayor Michelle Wu says she still plans to bring a rent control proposal to state legislators “their next legislative session opens up in 2023.”
In a series of proposals affecting major developments in Boston, Mayor Michelle Wu announced her support for requiring more affordable housing and higher linkage fees for commercial projects.
Boston city councilors demanded immediate changes to the city’s inclusionary development policy, expressing impatience with the pace of a study on requirements for affordable units in new multifamily projects.
Gov.-elect Maura Healey stuck to her campaign rhetoric Tuesday afternoon, alleging that rent control is “up to communities to decide” following her meeting with the concept’s biggest champion, Boston Mayor Michelle Wu.
Are petty City Council politics stalling plans for Mayor Michelle Wu’s ambitious overhaul of the one board that holds sway over most development projects in Boston?
While the confluence of homelessness and substance use in Boston’s “Mass. and Cass” area persists, Mayor Michelle Wu argued Monday that conditions on the ground have improved dramatically in the year since she took office.
Legalize triple-deckers by-right in all neighborhoods? Allow taller buildings as bonuses for affordability? Eliminate on-site parking? Boston officials and housing advocates are taking a look at a variety of unorthodox ways to accelerate multifamily production.
Boston Mayor Michelle Wu said Friday morning the city plans to offer 150 city-owned parcels and construction subsidies to developers in neighborhoods across the city for the construction of affordable housing.
Vicinity Energy touted the launch of its carbon-free “eSteam” service to Boston commercial developers including the $1-billion Fenway Center lab project, as it begins converting its Cambridge cogeneration plant from gas to electric power.
A new model for stabilizing apartment rents in East Boston highlights the substantial fundraising from public and private sources needed to outbid for-profit landlords in gentrifying neighborhoods.
While outlining her agenda for a “revitalized” Boston to hundreds of business leaders Thursday morning, Boston Mayor Michelle Wu said “enough is enough” on Boston’s failing transportation infrastructure and crowded roads.
In her first speech to the Greater Boston Chamber of Commerce as mayor, Michelle Wu laid out a range of policy priorities that her administration is working on to boost businesses.
Boston Mayor Michelle Wu is announcing a major overhaul of the city’s Zoning Board of Appeal with the aim of “advanc[ing] the Mayor’s goal of rebuilding trust with communities through planning-led development.”
A proposed real estate sales tax in Boston hit the House floor Monday in a late-session advancement for the controversial idea, but passage isn’t a done deal just yet.
As the MBTA approaches the end of the monthlong shutdown of the Orange Line and prepares to reactivate the line, Boston Mayor Michelle Wu said Tuesday that the alternate service that’s been in place has gone “so well” but said she’s still concerned about the T moving ahead.
First as the youngest Boston city councilor in history and then as a prominent real estate attorney, Lary DiCara’s had a ringside seat – and sometimes a part in the show – as Boston was transformed from an arson-riddled shell to the busy metropolis of today.
Boston Mayor Michelle Wu joined transit activists on Monday to call for additional federal intervention to help reverse service cuts at the MBTA as the region waits to see what other changes safety investigators will mandate.
A former seafood processing plant in South Boston will become the one of the first demonstration projects for Mayor Michelle Wu’s push to slash fossil fuel use in new developments.
