Commercial property owners in Boston claim they’re getting hit with a “hidden penalty” after filing abatements with the city, by way of assessed value being added to their buildings that’s leading to ...
Boston’s office-building values have taken a big hit. That is causing homeowners like Paulette Durrett to dig deeper into their wallets. When the value of the city’s commercial buildings falls, that ...
A lawsuit that alleges the City of Boston is inflating the assessed value, and taxes, for commercial properties that file abatements will be taken up by Suffolk Superior Court on Wednesday. The ...
A recent report warns that Boston's tax revenue may fall by $1.2 to $1.5 billion over the next five years — the equivalent of the city's 2024 education budget. Processing Content Not every analyst ...
BOSTON (WHDH) - Boston officials are considering a change to commercial tax rates in order to prevent a spike in residential taxes. With more employees working from home, many Boston companies have ...
Two prime pieces of Boston commercial real estate went for bargain basement prices in the past couple weeks. A handsome building that takes up a city block at 179 Lincoln St. was acquired by the real ...
Boston Mayor Michelle Wu is seeking to raise commercial property tax rates to help protect homeowners from the brunt of the historic slump in office property values. Wu has submitted a petition for a ...
Marcus & Millichap Real Estate Investment Services Inc. Ranked by No. of deed closings Ranked by Total commercial sq. ft. sold in Mass. in 2025 Ranked by 2025 Mass. architectural billings Daley And ...
Mayor Michelle Wu's proposal to increase commercial property taxes is already generating intense criticism from Boston's real estate sector. In March, Wu unveiled plans to file a home rule petition ...
A watchdog group and law firm have filed a class-action lawsuit against the City of Boston on behalf of a commercial property owner who alleges that the city unlawfully inflated its assessed value, ...