As the world began grappling with the COVID-19 pandemic, many began to wonder what the economic fallout would be as businesses around the nation closed in an attempt to stop the spread of the virus. As large and small sectors of the economy ground to a halt, the likelihood of another economic recession became more and more imminent. While there’s little doubt that we are currently experiencing a recession, we still do not know what the future holds for a recovery or what the lasting economic impact will be.
Read MoreWithout a doubt, many of our fellow developers have already read about and rejoiced over the recent ruling from the Massachusetts Supreme Judicial Court (SJC) that essentially prevents neighbors of development projects from suing land-use decisions unless they can prove harm. But we want to again revisit why this is so important, not just for developers, but for everyone participating in the real estate market in Massachusetts.
Read More