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New Forecast Warns of Severe Drop in Boston’s Office Property Tax Revenues

New Forecast Warns of Severe Drop in Boston’s Office Property Tax Revenues

by Phil Hall | Jun 9, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A new data forecast is warning Boston could face a significant downturn in tax revenue from office buildings over the next five years. Axios reports the forecast from the Tufts University Center for State Policy Analysis and the Boston Policy Institute offered three...
Construction Begins on 42-Unit Boston Affordable Housing Community

Construction Begins on 42-Unit Boston Affordable Housing Community

by Phil Hall | May 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Construction has begun on a $32 million, 42-unit affordable housing community in the Dorchester section of Boston. Talbot Commons II will be the second phase of the larger Talbot Commons project, which broke ground in 2020. Talbot Commons I encompasses 40 LIHTC units...
Fidelity Investments to Sublease Boston HQ Ahead of Relocation

Fidelity Investments to Sublease Boston HQ Ahead of Relocation

by Phil Hall | Apr 10, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Fidelity Investments has put its 803,000-square-foot Boston headquarters on the market for sublease as it prepares to move into a smaller space elsewhere in the city. Bisnow.com, citing an unnamed “source close to the building,” reports the financial services company...
Real Estate Developer Decides Not to Run for Mayor of Boston

Real Estate Developer Decides Not to Run for Mayor of Boston

by Phil Hall | Apr 1, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Boston-based real estate developer Thomas O’Brien has announced he will not run for mayor this year. News reports claimed that O’Brien, a managing partner and CEO of The HYM Investment Group, was planning to challenge Mayor Michelle Wu, who is seeking a second...
Real Estate Developer Decides Not to Run for Mayor of Boston

Report: Real Estate Developer to Run for Mayor of Boston

by Phil Hall | Mar 31, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Real estate developer Thomas O’Brien is reportedly planning to declare his candidacy for mayor of Boston. WCVB.com reports that O’Brien is expected to announce his bid in the next few days. He is the CEO and managing partner of The HYM Investment Group, which...
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