The Worcester City Council approved tax-relief for a $32.7 million housing project for college students. A large part of the agreement with the developer was over handling of exempted real estate taxes and receipt of various state tax credits.

Rather than being provided an 80 percent real estate tax exemption over a 10-year period, the...

As Boston has grown, so have its surrounding neighborhoods. In fact, according to the Boston Development Authority, the city has grown to twenty-six neighborhoods. Even more notable is that over half of those communities were once separate towns. The City of Boston gradually annexed them over time. The BDA has addressed the changing environmental concerns...

There is no doubt that Worcester values its institutions of higher learning. City leaders frequently boast of the educated work force the colleges and universities have produced. But those same leaders have also shaken their heads in frustration with the schools that have tax-exempt status and the legal ability to flout zoning laws.

As those...

According to a recent article, an increasing number of Americans are looking for overseas properties. Certainly, one advantage to living on the East Coast is more reasonable travel times to many European and Caribbean destinations. With the help of technology applications like video chatting, it is also easier to stay in touch. Before jumping on...

According to a recent report, developers in increasing numbers are returning to projects abandoned during the housing recession. 

For example, an office high-rise in Boston's Financial District is reportedly in the works. If the proposed $1 billion project is finalized, the tower would be the first new high-rise addition to the downtown area in decades. 

At...

Although it may not be a typical commercial real estate player, the Roman Catholic Archdiocese of Boston has reportedly entered into a commercial lease. The church property, a parking lot, is located in Boston's South End. The leaseholder has plans to transform the lot into a rental apartment building, complete with an underground garage and...

A real estate attorney knows that there can be complicated legal issues associated with a real estate transaction. For example, readers may be aware that selling a home may involve paying capital gains tax on its appreciation. With a real estate investment, however, depreciation may work differently. Buildings purchased for the purpose of investment can...

According to a recent report, home equity lending is up by over twenty percent from a year ago.

Specifically, one real estate data firm examined lines of credit issued to homeowners who wanted to leverage some of their home equity. Across the country, nearly 798,000 home equity lines of credit, or HELOC loans, were issued...

Boston Mayor Marty Walsh recently released his first official housing plan. The report calls for more developers of middle-class housing projects and includes several strategies for attracting them, such as property tax incentives and land deals. 

The local administration hopes to spur more construction of middle-class housing based on recent real estate trends. According to...