From The Boston Globe:
The politics of pork – Steve Bailey discovers a $4.3 million payment to the city of Boston in the state’s most recent "economic stimilus bill" to cover a "very small gap" (according to Rep Diane Wilkerson) in Wynn Properties’ plan to build a massive development over the Mass Pike, between the South End and Back Bay (nice run-on sentence, I know). His question: If the project is so wonderful for everyone, why does it need to ask for public assistance?
From The Boston Herald:
Tax credits save $ – What tax breaks are you eligible for, and how much will the tax credit benefit you – and what’s the difference between a tax credit & tax deduction?
Builder lowers sales forecast – The nation’s largest builder, Toll Brothers, lowers forecast for 2006. (The lower expectations still include an increase in average sales price and number of sales, however.)
Tom, bring home the bacon: Hub leaders wish for jobs, growth, convention hotels – local business leaders give some suggestions to the newly re-elected Mayor. Paul Guzzi, from the local chamber of commerce contradicts common sense by praising the Mayor for his housing initiatives over the past 12 years. One local business person makes me choke by suggesting that Boston should bid for an Olympics. No, really. And, no, not a Special Olympics.
From The Wall Street Journal:
Hot And Not So Hot Markets For US Condo Owners – this is the same story I quoted yesterday, but missed this part of the story:
"The median price for a condominium surpassed that of a single-family home for the first time last year. And it appears that this year will be the 10th consecutive record-making year in terms of rising U.S. condo prices and the number of condo sales, with median condo price tags still above those for single-family homes…"