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Architectural critic Robert Campbell once described the phenomenon as "licking off all the frosting"

Your right, mass state income tax is 9% for these high income taxpayers, FL and NH are zero, also capital gains are not taxed in those states. State estate taxes are another issue often considered by the wealthy and Mass is among the most aggressive in the country in that regard. If a very...

I think in order to determine the true impact, an analysis would have to be made of how well Massachusetts is retaining high net worth individuals relative to lower tax states. The raw numbers have to be taken into context of the fact that net worth has increased fairly dramatically over the...

Regarding the Doyles Bar project, that is a pretty small sliver of the original building left standing. I was hopeful that some of the historic atmosphere of the pub would be preserved, but it looks like most of the building is gone so I'm not sure if that's possible now.

Deloitte is moving it's NY office from Rockfeller Center to Hudson Yards. Interestingly, in this era of hybrid work that they are significantly expanding the amount of leased space from approx 530,000 to 800,000. Wonder if they expect more people to be in the office more often in the near...

I'm not a fan of the building given it's prominent location and demo of the older buildings, but will concede that at least while walking next to it on the sidewalk it's better than an expanse of mirrored glass

This is probably not going to happen for a very long time due to the liquor license situation. In the push to expand the number licenses the city is mostly focused on distributing new licenses to outlying neighborhoods to jump start economic activity, a worthwhile endeavor. However, I think...

It's not a city designated historic district.

Is Boston producing less than it's fair share of housing than surrounding cities? https://www.cbsnews.com/amp/boston/news/boston-commercial-real-estate-crash-taxes-keller-at-large/

totally anecdotal evidence, but new downtown residents probably behave like the rest of us, they get their coffee primarily from Keurig/coffee maker in their own apartment/condo and nightlife involves firing up Netflix on the TV etc. To move the needle in downtown crossing and replace the...

I certainly agree that conversions of these largely empty buildings is better than having empty buildings at risk of neglect or demo, that being said I think we need to be realistic that these conversions to residential are not going to give downtown crossing the jolt it needs. Office workers...

As someone who works in downtown Boston, but doesn't live there, I agree with Justbuildit's comments, we are not overrun with tourists like some European cities like Venice, et. al., Tourists don't annoy me, I say bring more, downtown proper could use a shot in the arm. In my experience, the...

I think your referring to Scott Van Voorhis😅

Real estate trade group seeks a delay in Boston's new housing inclusionary rules. The rule is set to take effect on Oct. 1 and would require that applicable housing developments have 20% affordable units, up from the current threshold of 13%. The real estate group states that the new rules would...

It has become seedier since Covid. Unfortunately, one of the tour companies has or is thinking of moving where they start their tours away from the Visitors Center in the Common to elsewhere due to conditions in the area. Maybe 10 or 15 years ago they fixed up the plaza around Brewer Fountain...

Although the goals may be well intentioned, I can't image this requirement surviving equal protection/civil right legal challenges. By way of example, toward the end of the pandemic in 2021/22 there was a federal restaurant relief program for restaurants. Priority for grants was to be given to...

It was recently protected as a designated landmark.

👆This is a great point. From an economics perspective, the highest demand for new licenses is in the Back Bay, Seaport and Downtown. Those areas happen to be the same areas that are excluded from the proposed new licenses. Business have been willing to pay over 500k for licenses in the...

I can't imagine this happening in the N. End. The city has effectively killed outdoor dining in that neighborhood due to supposed negative externalities, so I'd be very surprised that they would now spearhead some kind open container district.

More detail from that article from a different source. Interestingly at least in the current year some suburbs are adding multifamily housing at much higher levels than Boston on a per capita basis...