Last year, Massachusetts was ranked among the top 15 states for business by CNBC. This year, the state dropped down from 14th to 24th. Each year, CNBC creates its America’s Top States for Business list by scoring all 50 states on 88 metrics in 10 broad categories of competitiveness. These include categories like access to capital, infrastructure, […]
By Claire Ballentine and Natalie Wong September 6, 2022 at 12:25 PM EDTUpdated onSeptember 6, 2022 at 4:03 PM EDT It was standing room only for commuters on the New York-bound train leaving Summit, New Jersey, at 5:38 a.m. Tuesday. Traffic on the Long Island Expressway was at a crawl as rain poured down, while […]
Me: Coffee next week? Friend: Sure! How about Wednesday? Friend: Hello? Friend: Are you free? Me: So sorry! I totally missed these. They got buried by texts from the pediatrician, the electrician and the dog groomer. No, those three people didn’t walk into a bar. Instead, they were congregating in my Messages app—along with texts about appointments, 20%-off sales, […]
When Wharton management professor Matthew Bidwell first came to the United States from England in the 1990s, he was struck by the dogged American work ethic. “It was a culture that was much more organized around work than in the U.K. When I was growing up, there wasn’t quite the same heroism about long hours,” he recalled, […]
By Anissa Gardizy & Catherine Carlock Firms that signed big leases right before COVID are trying to design an office worth coming back to. After repeated false starts during the pandemic for returning to the office, the future of in-person work for white-collar professionals around Boston is becoming slightly more clear. In many industries, the […]
By John Worth & Savannah Delullo, Via Nareit Commercial real estate fundamentals continue to point to strong performance in the retail, multifamily, and industrial sectors with vacancy rates mostly declining on a year-over-year and quarter-to-quarter basis, robust rent growth, and positive excess demand. While there has been improvement in the office sector, the impact of […]
By Jane Dollinger via Nareit During Nareit’s REITwise: 2022 Law, Accounting & Finance Conference, Nareit spoke with several REIT finance veterans about what they love about the REIT industry and why young finance professionals should pursue a career in real estate. Find their answers below, and follow #REITjobs on LinkedIn to find your next position at a […]
by Boston Planning & Development Agency, Research Division. The COVID-19 pandemic and resulting business closures caused a sudden unprecedented spike in unemployment in Boston as in much of the country. Boston’s unemployment rate peaked in June 2020 at 16.1 percent, a dramatic increase compared to 2.6 percent unemployment in March 2020. Boston’s unemployment rate fell […]
by Boston Planning & Development Agency, Research Division. Driven in part by the COVID-19 pandemic, demand for biomedical research has strengthened growth trends in the life science industry in Boston, impacting both real estate and employment. According to CBRE, the city of Boston has over 12 million square feet of life science lab space, with […]
by Steve Adams / via Banker & Tradesman A lease by a second major tenant could fill up the 1 million-square-foot One Congress office tower at Boston’s Government Center well before its scheduled completion in January. Developers of the 600-foot tower and future State Street Corp. headquarters are in talks with a tenant that could […]
