With lawmakers on Beacon Hill once again dithering over the state budget and, having blown a deadline weeks ago with the arrival of the new fiscal year, things certainly aren’t looking great for zoning reform legislation. But some are optimistic a turning point is near.
With restaurants a key component of many mixed-use projects today, Massachusetts’ outdated liquor license system creates many challenges for developers. A new “umbrella” license bill hopes to fix that.
Has Boston’s ridiculously hot condominium market finally peaked? After rising for years, the price of Boston condos put under agreement actually fell in the first quarter of 2019 to $639,000, a drop of $10,000, or 1.5 percent.
The Trump plan is a big wet kiss for Wall Street, which can’t wait to recapitalize the two mortgage giants, but not so much for taxpayers who, whatever promises are made, will surely end up on the hook again someday should things go south.
Overnight, a new push by a pair of progressive state lawmakers to bring back rent control would pull the rug out from under the apartment boom, one that has seen a bevy of new rental high-rises take shape in Boston and Cambridge.
Boston luxury home prices actually fell 4.7 percent in the third quarter, to an average of $3.6 million, the sixth-steepest decline in the country. Get ready for more of the same in 2019, thanks to investors trying to offload gilded condominiums.
