General Boston Discussion

[#bancars]

For the first time in a long time, Bostonâs office market looks like it might be on the mend - The Boston Globe

The share of people coming back to the office is the highest it has been in four years, though it’s still nowhere near 2019 levels.

www.bostonglobe.com

 

[#bancars]

Hasbro eyes buildings in downtown and Dorchester for potential Boston headquarters - The Boston Globe

The company, long based in Rhode Island, is focusing its search on office buildings near South Station and the Southline complex on Morrissey Boulevard, according to sources.

www.bostonglobe.com

 

[#bancars]

Experts warn Bostonâs future financial woes are more dire than Wu says - The Boston Globe

In a hearing, they argued that declining commercial property values pose a much more longterm threat to Boston’s future financial stability than Mayor Michelle Wu has acknowledged.

www.bostonglobe.com

 

[Stlin]

Similarly on the other side of the Charles:

High increase in Cambridge property taxes reflects lackluster commercial construction - Cambridge Day

Overall property taxes in Cambridge will rise by 9.2 percent, the highest increase in recent years, after a weakening in the commercial base used to keep rates lower for residents.

www.cambridgeday.com

 

[Arenacale]

The Gardner has purchased an apartment building directly behind the museum on Palace Road with the intent to prevent future development there. They plan on maintaining it as residential, for now at least.

Isabella Stewart Gardner Museum just bought an apartment building. Here’s why.

The Gardner Museum acquired a 62-unit multifamily building adjacent to it to prevent redevelopment that could threaten its mission.

www.boston.com