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MassHousing Provides $34.4 Million to Rehab, Preserve Boston Property
Housing Finance Magazine
“MassHousing is committed to creating quality affordable housing opportunities for the residents of Massachusetts, and this refinancing advances...
2 weeks ago
Boston faces $1.5 billion shortfall from declining commercial property taxes, report warns
GBH
The report, which was funded by Boston Policy Institute, says the value of office space is expected to decline as much as 30% by 2029, creating...
2 months ago
Property Tax Hike on CRE Proposed to Close Boston Budget Gap
GlobeSt
To offset the decline of office property values—which in turn is creating looming budget gaps for the city—Boston's mayor has proposed to...
1 month ago
Could Boston be facing a budget crisis due to declining commercial property values?
CBS News
Could Boston be facing a budget crisis due to declining commercial property values? ... BOSTON - "There continues to be a slight dip in commercial...
1 month ago
Wu seeks commercial property tax rate increase to prevent a spike in residential taxes
WBUR
Mayor Wu plans to file legislation that would allow Boston to increase property taxes on businesses. The move comes as commercial property...
1 month ago
Empty offices in downtown Boston having large economic impact
NBC Boston
Boston is heavily reliant on property taxes to pay for city services, everything from schools to city workers...
1 month ago
Boston CRE Raises Alarm As Mayor Wu Proposes Sharp Increase in Commercial Property Taxes
Bisnow
The tax hike is only the latest in a series of controversial policy changes that have flustered Boston's real estate sector.
2 weeks ago
Downtown Boston property-assessment challenges see jump in 2024 - Boston Business Journal
The Business Journals
The widespread adoption of hybrid work has caused vacancy rates to spike In office buildings, especially for older sites. For fiscal 2024...
2 months ago
Amid office market slump, tax break requests rise in downtown Boston
The Boston Globe
The volume of property tax abatement requests has been a hotly anticipated topic in Greater Boston's commercial real estate world, as the region...
2 months ago
Work continues on 70 Boston Rd. property
WestfordCAT
Renovation work continues at the 70 Boston Rd property, which will be converted from a real estate office to several workforce housing...
3 months ago