MA Legislature Considers Tenant Option to Purchase Act (TOPA) Proposals

As described in a recent Commonwealth Beacon article, the MA General Court is considering Tenant Opportunity to Purchase (TOPA) policies in its economic development bills (S3228/H5576). The Senate version would allow up to 5 cities/towns to launch a five-year TOPA pilot. The House version would implement a statewide local option. GBREB has led a coalition…

The Greater Boston Real Estate Board (GBREB)joined other industry stakeholders in an amicus brief requesting Supreme Court review in Walls v. Prince George’s County and Tedford’s Tenancy, LLC v. City of New York. These cases address ripeness of property owners’ regulatory takings claims involving permitting and rent control, respectively. Both cases center on the legal doctrine of ripeness and…