Boston proposing bold tax breaks for office-to-resi conversions

Many cities are pleading for office-to-resi conversions as remote work takes over and a housing shortage persists across the country. Most aren’t going as far as Boston is planning. Mayor Michelle Wu has proposed property tax breaks of up to 75 percent over 29 years for downtown office conversions, the Boston Business Journal reported. It’s […]

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Deloitte signs Boston’s largest office lease of the year

The office market has its challenges, but there are some big deals still being made. Deloitte has signed a lease with MP Boston — an arm of Millenium Partners — for 138,000 square feet of office space at the 50-story Winthrop Center in Boston.  It’s purportedly the largest office lease signed in the Greater Boston […]

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Tishman Speyer lands $750M in financing for Harvard research campus

After years of planning, ground is ready to be broken on the first phase of the Harvard Enterprise Research campus in Boston after Tishman Speyer secured $750 million in financing, the largest packaging construction financing package of 2023. The mixed-use development, spanning 900,000 square feet, is a collaborative project between Tishman Speyer and the Harvard […]

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Developer destroyed potential evidence in battle over $800M project

One of the most basic tenets in civil litigation is a party’s obligation to retain evidence that may be pertinent to a lawsuit or a potential lawsuit. A Massachusetts judge has ruled that developer Stephen Weiner and his son, Adam, violated that tenet by deleting emails and text messages in the face of a possible lawsuit from John Fish over a failed $800 million condominium tower project, the Boston Globe reported. At issue is who

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Lego letting go of Connecticut office

Everything is awesome for Lego employees who want to live closer to Boston. For everyone else, the next few years may be as painful as stepping on one of the toys. Lego announced it will move its corporate offices from Enfield, Connecticut, to Boston by 2026. The relocation will happen in phases, beginning in mid-2025 and concluding by the end of the following year. Lego promised relocation assistance for the 740 employees who have worked

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Tishman Speyer exec had $3M portfolio when she disappeared

The husband of missing Tishman Speyer executive Ana Walshe isn’t talking, but one potential motive in her disappearance is emerging. Walshe’s husband, Brian, searched “how long for someone to be missing to inherit,” prosecutors revealed this week at his arraignment on a murder charge. As for what nearby assets could be worth inheriting, Ana had amassed a $2.8 million portfolio of properties, the New York Post reported. Since 2018, Ana has been connected to eight

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Husband charged with murder of Tishman Speyer exec

Authorities have charged the husband of missing Tishman Speyer executive Ana Walshe with murder, WCVB reported. Walsh, a 39-year-old general manager with the commercial real estate firm, has been missing since New Year’s Day from her suburban Boston home. Brian Walshe, 47, was arrested Jan. 8 for allegedly misleading investigators looking into his wife’s disappearance. Walshe has been held on bail since then. The Norfolk District Attorney upgraded the charges on Tuesday, citing additional details

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