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The 6th annual Winter Walk is a campaign raising awareness and funds to help end homelessness in Boston. We hope that you will join us on Sunday, February 13th, 2022, for a 2-mile walk whether in-person at Copley Plaza at 9 a.m. or in your own neighborhood. If you cannot participate as a walker, please consider donating. 100% of the funds we raise will benefit our Charitable Partner, Bridge Over Troubled Waters. Help us reach our goal of $5,000!

Join the BOMA Boston Team

If you choose to walk in-person at Copley Plaza, please let us know so we can arrange a meet up.

For questions, please contact Sharon Cheng.

Join Us at the Winter Walk!
GBREB NEWS

New Report: Rent Control Would Cut Housing Supply, Lower Values & Tax Revenue in Boston, Across Massachusetts

A new analysis shows rent control proposals would drastically reduce the supply of apartments, property values and tax revenue in Boston and throughout Massachusetts if the Legislature rescinds the voter-approved ban on the policy.

The new NAA reports analyze the impact if a 3% annual cap on apartment rents is implemented in Boston or across the state, as proposed in current legislation. Among the key findings:
● New apartment supply will drop by more than 700 units per year;
●  Apartment property values will drop by more than $260 million; and
●  Property tax revenue to the City of Boston will drop by more than $2 million annually.

Across Massachusetts, the negative outcomes increase exponentially:
● Impacts 40%, or more than 18,000 units of foregone new housing stock and existing units potentially lost due to infeasible repairs and upgrades of existing stock;
● Apartment property values drop by more than $820 million; and
Property tax revenue to cities and towns will drop by more than $7 million annually.

The reports further notes that, in Boston, apartments and their residents contribute more than $54 billion to the regional economy annually, and support more than 228,000 jobs. Throughout the state, apartments and their residents contribute more than $60 billion to the Massachusetts economy each year, and support more than 268,000 jobs. But if a 3% annual cap on apartment rents is implemented, both the economic strength and massive workforce created by the apartment industry would come under serious threat.

IMPACTS OF RENT CONTROL: MASSACHUSETTS
IMPACTS OF RENT CONTROL: BOSTON

New Rent Control Report

Happy New Year! Read about upcoming BOMA Boston events, news, and educational opportunities!

Read the January eNews.

January 2022 eNews

Did you miss our December Newsletter? Read about upcoming BOMA Boston events, news, and educational opportunities!

 Read the December BOMA E-News.

December 2021 E-News

BOMA Boston 2022 Membership
Renew Today!

Dear BOMA Boston Members,

We want to thank you for your active participation and continued support of BOMA Boston! 2021 has continued to be a good year, despite the many challenges of the COVID-19 pandemic. BOMA Boston hosted 3 timely webinars, 2 roundtables and developed a Preparedness Task Force that has been meeting throughout the year to discuss high level issues that impacts the CRE Industry. We were happy to gather with our members again for in-person events with the sold-out Annual Fishing and Golf Tournaments and most recently at the BOMA International Conference in October!
Please check your spam email if you did not receive a renewal invoice from us last week.

Highlights of 2021 include:
- Our first ever Step into Spring Walk benefitting BOMA’s charitable partner Bridge Over Troubled Waters - we raised $18,000!
- We hosted the 2021 BOMA Fishing Tournament and Golf Tournament, two socially distanced opportunities for our members to reunite and celebrate summer.
- Welcomed BOMA International to Boston for the International Conference in October – the first time in over 25 years! Members volunteered and participated as tour guides, speakers, and hosts – BOMA Boston also brought home their first International TOBY award since 1996!
- With the help of the Preparedness Task Force, we kept our members informed of timely issues.
- We hosted terrific educational programs including BOMI Designation programs, webinars and a few in-person roundtables.
- We gave our members the chance to network and collaborate in-person and virtually at committee meetings in a hybrid format.
- A robust and engaged TOBY Awards cycle, with the in-person dinner planned for November 18th at the Omni Boston Hotel at the Seaport.

We hope you will renew your BOMA Boston membership for what promises to be a great 2022!
Annual membership dues are increasing beginning February 1, 2022. Renew before January 31st to keep your 2021 rate.

Here's how you can renew:
Renew Online by logging into your online BOMA Boston account. By renewing online, a receipt will automatically be sent to you. If you don't know your username and password, please email Kayla, [email protected] or Allison, [email protected]
Fill out the completed invoice and send your payment to Kayla, [email protected] or Allison, [email protected]
Call Kayla, (207) 423-5236 or Allison, (603) 204- 1211 to renew over the phone.
Send your payment information via snail mail to BOMA Boston (Attn: Allison Silva), Three Center Plaza, Mezzanine Suite, Boston, MA 02108.
*Please note the deadline for renewals is January 31st, 2022.
 

Renew your BOMA 2022 Membership!

Congratulations to the 2021 BOMA Boston TOBY & Industry Award Winners!

Click here to view the TOBY & Industry Awards video.
Click here to view photos from the evening.

















See you at next year's TOBY & Industry Awards! 



Announcing the 2021 TOBY and Industry Award Winners!
 

Events

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Event
2022 BOMI Design, Ops & Maintenance Of Building Systems 1
Feb 01, 2022 - Mar 03, 2022
Live Virtual Course
BOMA Ski Trip
Feb 11, 2022
Loon Mountain
60 Loon Mountain Road
Lincoln
2022 BOMA Foundations of Real Estate Management
Mar 04, 2022 - Apr 01, 2022
Hybrid: Zoom Or BOMA Boston
Three Center Plaza
Mezzanine Suite
Boston, MA

Calendar

Event
2022 BOMI Design, Ops & Maintenance Of Building Systems 1
Live Virtual Course
 
BOMA Ski Trip
Loon Mountain
8:00am
 
2022 BOMA Foundations of Real Estate Management
Hybrid: Zoom Or BOMA Boston
 
Why BOMA Boston?  Hear from BOMA Members!