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Boston to big developers: Pay up
The city plans to hike linkage fees on office and lab buildings by 42 percent.
By Tim Logan Globe Staff,Updated February 9, 2021, 7:43 p.m.
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The Walsh administration this week plans to sharply hike the fees that
developers of office, lab, and other large commercial buildings must pay to support affordable housing and job training programs.
The additional money could add tens of millions of dollars a year to city coffers, capitalizing on a life-science building boom to help fund badly needed affordable housing.
But there also are worries that it could dampen a post-pandemic recovery for construction in Boston, and set a precedent for even higher assessments.
Needham broker elected committee leader for realtor association
Community Content
Bill Dermody, a broker manager with Berkshire Hathaway Home Services Commonwealth Real Estate in Needham, has been elected chairperson of the Greater Boston Association of REALTORS’ Charitable Grants Committee for 2021.
As a GBAR committee leader, Dermody is responsible for ensuring that the committee meets its programming goals and business initiatives as set forth in the association’s strategic plan. Specifically, he will help administer the activities of the charitable grants committee, facilitate discussion at committee meetings and provide regular reports and present committee action items to the GBAR board of directors.