Trust Gap Muddies Mayor’s Message
Wu is essentially asking developers to trust her over the next year as she tries to achieve things previously considered pie-in-the-sky dreams. But it’s hard for some parts of the real estate community to do that.
Wu is essentially asking developers to trust her over the next year as she tries to achieve things previously considered pie-in-the-sky dreams. But it’s hard for some parts of the real estate community to do that.
Wu’s decision not to move forward at this time disappointed housing developers with projects stalled on the drawing boards, but industry circles aren’t losing hope just yet.
On the heels of news that General Electric plans to reimburse $87 million in incentives associated with relocating its headquarters to Boston, a state senator is calling for those funds to be reinvested in Massachusetts vocational schools.
State Senate President Karen Spilka sketched out an ambitious agenda for the next two years as she was sworn in on Wednesday, calling for a new “economic development and tax framework,” and promising to pour funding into public education.