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Real Estate
Boston’s rental market has tipped ever-so-slightly in renters’ favor, partially owing to out-of-state migration, a cooling biotech industry, and tighter student visa restrictions, according to a recent Bloomberg report.
On the one hand, vacancies are the highest they’ve been since the COVID-19 pandemic, and the average rent in Boston has dipped for the first time since 2021, Bloomberg reported.
On the other, the city’s average asking rent still clocked in at $3,043 in October, and reporting from The Boston Globe indicates that rents in Boston’s urban core have risen sharply between 2022 and 2025, despite the recent slowing.
Still, decreasing demand has left landlords dangling price cuts and other concessions in a bid to lure tenants.
Over in Cambridge, according to Bloomberg, a three-bedroom unit near the Massachusetts Institute of Technology has been sitting vacant for more than five months — even with a price cut from about $4,200 a month to $3,550. Landlords elsewhere are going into bargaining mode: new tenants at Luka on the Common in the Theater District can get one month free and a $500 gift card, while renters who sign a 17-month lease at The Indie in Allston can get up to three months free.
Desperately needed additions to the region’s housing supply have helped ease demand; Boston’s metro area added 8,600 units over the past year, about 20% higher than its 10-year average, Bloomberg reported, citing RealPage Chief Economist Carl Whitaker.
But according to the news outlet, it’s “economic jitters” driving down rents — not an oversupply of new developments.
The recent reversal follows years of growth fueled by the region’s biotech industry, now beset by plunging valuations, layoffs, and cuts to federal research funding. Separately, as Bloomberg noted, immigration raids and student visa restrictions have taken their toll on international student enrollment, leaving some of Boston’s college-heavy neighborhoods emptier than usual.
“I’ve been doing real estate and technology for 30 years. I’ve never seen anything like this,” Demetrios Salpoglou, CEO of Boston Pads, told Boston.com in August. “It’s very acute. It’s not impacting all neighborhoods … it’s really proximity to a lot of universities that have a heavy reliance on foreign money or foreign enrollment.”
Adding to the uncertainty, Massachusetts was one of just two states that saw negative employment growth for the 12 months ending in August, according to Bloomberg. And while it remains unclear how long tenants will have the upper hand, there’s a push underway for a 2026 ballot question that would tie annual rent growth to cost of living increases, with a 5% annual cap.
In the meantime, according to Bloomberg, landlords and agents are hoping to see leasing activity bounce back in the new year.
“Everyone’s anxiously waiting to see what happens in the spring,” Damian Szary, an executive at the real estate firm Redgate, told the news outlet.
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Applause and music echoed through the Hall of Flags at the Massachusetts State House Friday as lawmakers and community leaders gathered for the Black Excellence on the Hill and the Latino Excellence Awards.
The ceremony celebrates Black and brown residents committed to advancing economic equity.
“We’re honoring Black excellence,” said state Rep. Chris Worrell. “When we look at today, this is what it should look like. This is our house. Black people built this house, literally and figuratively.”
Honorees ranged from attorneys to former professional athletes. Nicole M. Bluefort of the Law Offices of Nicole Bluefort said she plans to use her platform to uplift others.
“I will use my advocacy skills as an attorney to move people forward,” she said.
Former NBA player Wayne Seldan Jr. talked about his journey from McDonald’s All American to a full scholarship at Kansas and a professional career.
“You always want to keep striving for continued betterment and for stuff to grow,” he said. “I don’t think there should be mountaintops. I think we should always be striving to keep building.”
The keynote address was delivered by Michelle Brown, mother of Jaylen Brown, who spoke about raising two children as a single mother and the importance of faith, discipline and education.
“There are no shortcuts. There are no guarantees,” she said. “There was faith, there was discipline, and there was a deep belief that education created mobility.”
Speakers emphasized that mobility is strengthened when communities work together for a common good. Bluefort highlighted the importance of mentorship and shared opportunity, while state Rep. Sally Kerans encouraged attendees to stand together across racial lines.
“In this moment, stand with others. Speak up. Don’t be afraid to say ‘That’s not normal.’ Be allies. Be supportive,” Kerans said.
Organizers said the ceremony was not only about recognition, but also about sustaining progress — encouraging leaders and residents alike to continue building toward a more equitable future.
Health
Massachusetts health officials have confirmed the state’s first two measles cases of the year, a school-aged child and a Greater Boston adult.
The Department of Public Health announced the cases Friday, marking the first report of measles in Massachusetts since 2024.
According to health officials, the adult who was diagnosed returned home recently from abroad and had an “uncertain vaccination history.” While infectious, the person visited several locations where others were likely exposed to the virus, and health officials said they are working to identify and notify anyone affected
The child, meanwhile, is a Massachusetts resident who was exposed to the virus and diagnosed with measles out-of-state, where they remain during the infectious period. Health officials said the child does not appear to have exposed anyone in Massachusetts to measles.
The two Massachusetts cases come as the U.S. battles a large national measles outbreak, which has seen 1,136 confirmed cases nationwide so far in 2026, according to the Centers for Disease Control and Prevention.
“Our first two measles cases in 2026 demonstrate the impact that the measles outbreaks, nationally and internationally, can have here at home,” Massachusetts Public Health Commissioner Robbie Goldstein said Friday. “Fortunately, thanks to high vaccination rates, the risk to most Massachusetts residents remains low.”
Measles is a highly contagious disease that spreads through the air when an infected person sneezes, coughs, or talks. The virus can linger in the air for up to two hours and may even spread through tissues or cups used by someone who has it, according to the DPH.
Early symptoms occur 10 days to two weeks after exposure and may resemble a cold or cough, usually with a fever, health officials warned. A rash develops two to four days after the initial symptoms, appearing first on the head and shifting downward.
According to the DPH, complications occur in about 30% of infected measles patients, ranging from immune suppression to pneumonia, diarrhea, and encephalitis — a potentially life-threatening inflammation of the brain.
“Measles is the most contagious respiratory virus and can cause life-threatening illness,” Goldstein said. “These cases are a reminder of the need for health care providers and local health departments to remain vigilant for cases so that appropriate public health measures can be rapidly employed to prevent spread in the state. This is also a reminder that getting vaccinated is the best way for people to protect themselves from this disease.”
According to the DPH, people who have had measles, or who have been vaccinated against measles, are considered immune. State health officials offer the following guidance for the Measles-Mumps-Rubella (MMR) vaccine:
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The Boston Red Sox were expected to have a busy offseason to build on their short 2025 playoff appearance, their first in four seasons. Boston delivered, albeit not in the way many reporters and fans expected — Alex Bregman left and no one was traded from the outfield surplus.
Roster construction questions have loomed over the Red Sox since last season. They were emphasized by Masataka Yoshida’s return from surgery rehab and Roman Anthony’s arrival to the big leagues. Boston has four-six outfielders, depending where it envisions Yoshida and Kristian Campbell playing, and a designated hitter spot it likes to keep flexible — moving an outfielder makes the most sense to solve this quandary.
The best case-scenario for addressing the packed outfield would be to find a trade suitor for Yoshida, which has proven difficult-to-impossible over his first three seasons with the Red Sox. Red Sox insiders Chris Cotillo and Sean McAdam of MassLive think Boston may have to make an extremely difficult decision to free up Yoshida’s roster spot.
“You wonder, at what point does this become a — not Patrick Sandoval situation — but a Pablo Sandoval, where you rip the Band-Aid off and just release,” McAdam theorized on the “Fenway Rundown” podcast (subscription required).
Pablo Sandoval is infamous among Red Sox fans. He signed a five-year, $90 million deal before the 2015 season and he only lasted two and a half years before the Red Sox cut him loose. His tenure was marked by career lows at the plate, injuries and a perceived lack of effort that soured things quickly with Boston. Yoshida hasn’t lived up to the expectations the Red Sox had when they signed him, but he’s no Sandoval.
McAdam postulated that the Red Sox may be waiting until there is less money remaining on Yoshida’s contract before they potentially release him. Like Sandoval, Yoshida signed a five-year, $90 million deal before the 2023 season, which has only just reached its halfway point. The Red Sox still owe him over $36 million, and by releasing him, they’d be forced to eat that money.
The amount of money remaining on Yoshida’s contract is just one obstacle that may be preventing the Red Sox from finding a trade partner to move him elsewhere. Yoshida has never played more than 140 games in a MLB season with 303 total over his three-year tenure, mostly because he’s dealt with so many injuries since moving stateside.
Maybe the Red Sox could attach a top prospect to him and eat some of his contract money to entice another team into a trade, like they already did with Jordan Hicks this winter. But that would require sacrificing a quality prospect and it would cost more money, just to move a good hitter who tries hard at his job.
There’s no easy way to fit Yoshida onto Boston’s roster, but the decision to salary dump or release him will be just as hard. Yoshida hasn’t been a bad player for the Red Sox and he doesn’t deserve the Sandoval treatment, but his trade value may only decrease if he spends another year with minimal playing time. Alex Cora and Craig Breslow have a real dilemma on their hands with this roster.
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