As part of Boston’s response to the COVID-19 pandemic, Mayor Walsh extended the fiscal year 2020 residential and personal exemption applications deadline. This year’s deadline is Tuesday, June 1, 2020. The City has a number of tax relief programs for those homeowners who occupy the property as their principal residence. This year, the residential exemption Read More…
Tag: Taxes
Boston City Council Wants Fair Share from PILOT Organizations
During the regular city council meeting, the Boston city councilors discussed institutions and organizations that do not pay property taxes and how to get a fair share of financial contributions from them. Councilors Annissa Essaibi George and Lydia Edwards sponsored the motion, requesting a working session on the topic. Boston has a PILOT (payment in Read More…
City Councilors File Petition for 6% Real Estate Transfer Tax to Combat Housing Speculation
From the Offices of Boston City Councilors Lydia Edwards and Kim Janey: Councilors Lydia Edwards and Kim Janey have proposed a Home Rule Petition to combat housing speculation and establish an investor and commercial property transfer fee. The proposed bill would enhance the city’s housing toolkit by generating millions of dollars for affordable housing and Read More…
Boston Property Taxes Rise in 2019 With Surging Real Estate Values
Rising real estate values are once again driving significantly higher City of Boston property taxes for fiscal 2019. Area homeowners are seeing a consistent mid-to-high single digit assessment increase from the city’s mailing of its recent property tax bills due on February 1st. The median home value in the North End is $717,800, according to Read More…
City of Boston Accepting 2018 Property Tax Prepayments
In light of the recently passed Federal Tax Bill, the City of Boston is accepting prepayments before year-end for 2018 third quarter property taxes, normally due February 1st. Starting in 2018, taxpayers will no longer be allowed to deduct state and local property and income taxes over $10,000 from their federal income taxes. Given the Read More…
Monday’s Brief: Celtics Game 7, Raising Taxes, 2-Day Intinerary
Things to know for Monday Events for Monday, May 15th: 8:00 PM The Boston Celtics will play Game 7 of the NBA Conference Semifinals against Washington Wizards at the TD Garden (series is tied 3-3). 10:30am Story Time with the Boston Ballet at West End Library. Hear stories about a famous ballet or a dancer. Each story time is supplemented Read More…
Mayor’s Column: Helping Boston’s Homeowners (Residential Property Tax Cut)
By Mayor Martin J. Walsh When I ran for Mayor, I knew I wanted to make Boston a city where every resident can afford to live, work and raise a family. Since I’ve been elected, Boston has grown — fast. Our population is expanding rapidly and we’re expected to reach over 700,000 residents by 2030. Read More…
Converse and City of Boston Announce Lovejoy Wharf Redevelopment for Sneaker Company’s Headquarters
Readers of NorthEndWaterfront.com have been keeping up with the Lovejoy Wharf mixed-use development where Converse, a subsidiary of Nike, will make their new headquarters. Today, the City of Boston held a press event to make it official and provide some additional details. The redevelopment will include a $15 million investment by the developer for public Read More…
Another Year, Another Real Estate Property Tax Increase From the City of Boston
For Fiscal Year 2012, the residential property tax rate will increase about 2% over last year (to $13.04 per thousand dollars of valuation from $12.79 in FY11, $11.88 in FY10 and $10.87 in FY09). Commercial property owners will also see a rate increase of 3% (from $31.04 in FY11 to $31.92 per thousand dollars of Read More…