Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
April 25, 2023

MassBio CEO, Gov. Healey Discuss ‘Major Statewide Threats’ And How To Solve Them

Nuveen's David Dyer To Discuss How Prioritizing Sustainability Increases The Long-Term Value Of An Asset June 13

While macroeconomic issues continue to strain the life sciences market, local problems have also begun to impact Massachusetts' biotech sector, worrying state leaders about the future of its workforce. 

Gov. Maura Healey and MassBio CEO Kendalle Burlin O'Connell said Tuesday morning that issues of housing affordability and narrow access to job opportunities have put pressure on the state's biotech workforce. They said Massachusetts' competitiveness might be on the line, but they have ideas on how to address the issues.

MassBio CEO, Gov. Healey Discuss ‘Major Statewide Threats’ And How To Solve Them

"Closer to home, we have major statewide threats to our economic viability," Burlin O'Connell said at the organization's State of Possible Conference Tuesday. "The high cost of living and doing business here, the crisis of both housing availability and affordability, and same with childcare.”An issue across the state, housing affordability has…

Read the full story here.

  Share:  

 
Perforation

Top Stories on Bisnow.com

Staff Shortages Now Affecting 24% Of Multifamily Owners, Managers, Survey Finds Staff Shortages Now Affecting 24% Of Multifamily Owners, Managers, Survey Finds
Barnes & Noble Planning Dozens Of New Stores In Biggest Expansion Since 2009 Barnes & Noble Planning Dozens Of New Stores In Biggest Expansion Since 2009
'Frightening Tsunami': Office Investment Nose-Dives In Q1 To Lowest Point Since 2010 'Frightening Tsunami': Office Investment Nose-Dives In Q1 To Lowest Point Since 2010
Developer Looks To Tear Down Megachurch For Data Center Project In Silicon Valley Developer Looks To Tear Down Megachurch For Data Center Project In Silicon Valley
Perforation

This Week's Boston Deal Sheet

This Week's Boston Deal Sheet  

WS Development has filed updated plans for its massive Fenway Corners development, adding more residential than previously proposed and deferring the project's final phase. 

On Friday, the developer submitted a supplemental filing with the Boston Planning & Development Agency detailing changes to the project, including adding 50 units, raising the affordable component to 20% of the overall 266 units and deferring the project's last 460K SF phase. The deferral scaled back the total square…

Read Full Story

  Share:  
Perforation

Is The Affordable Housing Crisis Too Big For ARPA Billions To Bring 'Transformative' Change?

Is The Affordable Housing Crisis Too Big For ARPA Billions To Bring 'Transformative' Change?  

Since its passage in 2021, the $1.9T American Rescue Plan Act has loomed large for state and local governments as a historic opportunity to not just stabilize after the shock of the pandemic but also to expand what they could do for constituents.

Some $350B in State and Local Fiscal Recovery Funds were a godsend in filling budget revenue gaps to keep the proverbial lights on, and many were able to do so with plenty left over. Those states, counties and cities were encouraged by the Biden administration to allocate at least some leftover funds to…

Read Full Story

  Share:  
Perforation

In Case You Missed It...

Vestiges Of Massachusetts’ Maritime Past Have Become Flashpoint In Debate Over Its Future Vestiges Of Massachusetts’ Maritime Past Have Become Flashpoint In Debate Over Its Future
Suburban Boston Mall Sees Value Slashed From $200M To $30.4M Suburban Boston Mall Sees Value Slashed From $200M To $30.4M
'Still More Pain In Front Of Us' As Boston Office Vacancy Hits New Highs 'Still More Pain In Front Of Us' As Boston Office Vacancy Hits New Highs
MBTA Pays $255M For Widett Circle Property Once Eyed For Olympic Stadium And Mixed-Use Development MBTA Pays $255M For Widett Circle Property Once Eyed For Olympic Stadium And Mixed-Use Development
 
Perforation

Bed Bath & Beyond Bankruptcy: 480 Stores Closing As 'Lethal Combination' Kills Storied Retailer

Bed Bath & Beyond Bankruptcy: 480 Stores Closing As 'Lethal Combination' Kills Storied Retailer  

Bed Bath & Beyond filed for bankruptcy over the weekend, the culmination of the home goods retailer failing to remain relevant to shoppers and its inability to get out from under a mountain of debt.

The chain retailer filed for a Chapter 11 restructuring Sunday, announcing plans to close all of its stores — 360 Bed Bath & Beyond locations as well as 120 Buy Buy Baby shops — by the end of June. Sixth Street Speciality Lending is providing $240M in debtor-in-possession financing for the process, the…

Read Full Story

  Share:  
 
BISNOW
 
       
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
   
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 66835