By Andy Medici – Senior Reporter, The Playbook, Jan 23, 2023 Updated Jan 23, 2023, 2:49pm EST Small-business owners are going to see big changes to their 401(k) and worker retirement packages — but there will be some tax credits too. The SECURE 2.0 Act saw many of its provisions folded into the government funding legislation passed in late 2022. The […]
Scott Souza,Patch Staff Posted Tue, Jan 24, 2023 at 12:18 pm ET PEABODY, MA — A final phase of construction and redevelopment will usher in more high-profile dining and retail operators at the Northshore Mall in 2023. Simon Property Group, which operates the shopping center, said Phase 2 of The Promenade redevelopment has begun with Arhuas, […]
By Greg Ryan – Senior Reporter, Boston Business Journal Jan 23, 2023 Trammell Crow Co. has put forward one of the largest development proposals in Boston in the past year: Three new life sciences buildings, as well as 200 residential units — all of them income-restricted — in Brighton. The Dallas-based CBRE Group Inc. (NYSE: CBRE) subsidiary and […]
By Rowan Walrath – Life Sciences Reporter, Boston Business Journal Jan 23, 2023 Moderna Inc. is hiring another 2,000 employees this year, a move that would massively grow its headcount — and most of them will be in Massachusetts. The Cambridge-based company (Nasdaq: MRNA) currently employs around 4,000 people globally, CEO Stephane Bancel told investors at the J.P. Morgan Healthcare […]
By Catherine Carlock and Emma Platoff Globe Staff,Updated January 18, 2023, 1:18 p.m In a bid to bring rent control back to Boston for the first time in three decades, Mayor Michelle Wu is readying a proposal that would limit allowable rent increases to 10 percent per year. The plan, which was floated Tuesday to an […]
By Paul Bergeron | January 20, 2023 at 03:27 PM CP Capital says it’s best to focus on the future for multifamily investors, where fundamentals depict a bright outlook, coming off the past two volatile years that saw 2021 break records and 2022 pull back some. The firm says the abundance of “dry powder” waiting on the sidelines […]
FEATURED FACULTY Martine Haas AUTHOR Angie Basiouny Hybrid work is here to stay. That’s the prediction from Wharton management professor Martine Haas, who was asked to share what she thinks will be the biggest workplace trend of 2023. Although the mix of remote and in-person work can be challenging, she said, hybrid has emerged as […]
he U.S. housing market last year bore the brunt of higher mortgage rates that rode spiraling inflation in the broader economy, but that will change this year, according to Susan Wachter, Wharton professor of real estate and finance. “The Fed is using the housing market as a fulcrum to slow overall activity and get the inflation […]
Many of the most prominent office developers in the U.S. are shifting gears, looking to buy or build real estate that isn’t office. Boston Properties Inc. is planning to develop 2,000 residential units up and down the East Coast. The firm, which owns more U.S. office space than any other publicly traded company, also is developing […]
Despite lingering uncertainty in the economy, some retailers are preparing to roll out robust expansion plans in 2023 and subsequent years. An analysis by Minneapolis-based commercial real estate firm Northmarq found, among several retail categories, which tenants have plans to expand in the coming years. Most identified retailers expect to add dozens of new locations […]
