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Summer of 2023 goes down as second-rainiest on record in Boston, forecasters say – The Boston Globe

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Summer of 2023 goes down as second-rainiest on record in Boston, forecasters say – The Boston Globe


The only summer it rained more than this one, a pair of hurricanes inundated southern New England in rapid succession and Bill Haley’s “Rock Around the Clock” topped the pop charts.

More than 20 inches of rain fell in Boston over the past three months, the second-highest total on record, the National Weather Service said Thursday. Only 1955, when two hurricanes hit the region a week apart in August, saw more rainfall, with nearly 25 inches. The weather service’s rainfall records date back to 1872.

The third-highest total came just two years ago, when the city received close to 20 inches of rain. Last year, less than 4.5 inches of rain fell, creating “critical drought” conditions across much of Massachusetts. It was the driest summer in Boston in 138 years.

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“We seem to be having pendulum swings from very dry to very wet over the last several years,” said Bryce Williams, a meteorologist with the weather service.

Williams called the fluctuations “pure happenstance,” although climate change experts warn that extreme weather is becoming increasingly common. July was likely the planet’s warmest month on record, according to the National Oceanic and Atmospheric Administration.

“We can’t extrapolate at this time that it’s going to continue,” he said. “So it could be another really wet summer next summer, but it’s just too soon to know.”

This summer’s heavy rains led to flooding across New England and caused millions of dollars in damage in some areas, including Vermont and New Hampshire in July.

In Massachusetts, North Andover officials reported nearly $30 million in damages from a powerful August storm that battered the area with rain and multiple tornadoes.

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Williams said weather patterns fluctuate between “troughs” and “ridges” that deliver either cool air from the north or warm air from the south, depending on the location of the jet stream. In a trough, the jet stream dips down into New England and the Northeast, bringing cooler and often wet weather, he said.

“We just had a high-pressure ridge set up over areas to the west of New England for much of the summer, and we were just in a continual pattern where we had that jet stream dipping down into the Northeast over and over,” Williams said.

The meteorological summer (June, July, and August) ends Thursday with mild temperatures and dry air that is expected to continue through Friday, according to the weather service.

Temperatures will reach the mid-80s over Labor Day weekend, with a return to summer heat and humidity expected by the middle of next week, forecasters said.

There was no rain in the immediate forecast.

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Nick Stoico can be reached at nick.stoico@globe.com. Follow him @NickStoico.





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Massachusetts

Local startups recovering from the burst tech funding bubble – The Boston Globe

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Local startups recovering from the burst tech funding bubble – The Boston Globe


Tech startups based in Massachusetts finished 2024 with a buzz of activity in venture capital fundraising.

In the fourth quarter, 191 startups raised a total of $4.1 billion, 20 percent more than startups raised in the same period a year earlier, according to a report from research firm Pitchbook and the National Venture Capital Association. For the full year, local startups raised $15.7 billion, about the same as in 2023.

The stability ended two years of sharp declines from the peak of startup fundraising in 2021. Slowing e-commerce sales, volatility in tech stock prices, and higher interest rates combined to slam the brakes on startup VC activity over the past three years. The 2024 total is less half the $34.7 billion Massachusetts startups raised in 2021.

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But local startup investors have expressed optimism that VC backing will continue to pick up in 2025.

The fourth quarter’s activity was led by battery maker Form Energy’s $455 million deal and biotech obesity drugmaker Kailera Therapeutics’ $400 million deal, both in October, and MIT spinoff Liquid AI’s $250 million deal last month. Two more biotech VC deals in October rounded out the top five. Seaport Therapeutics, working on new antidepressants, raised $226 million and Alpha-9 Oncology, developing new treatments for cancer patients, raised $175 million.

Massachusetts ranked third in the country in VC activity in the quarter. Startups based in California raised $49.9 billion and New York-based companies raised $5.3 billion.

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Venture capital firms, however, had an even harder time raising money in 2024 compared to earlier years. Massachusetts firms raised $5.9 billion, down 7 percent from 2023 and the lowest total since 2018. That mirrored the national trend, as VC firms across the country raised $76.1 billion, down 22 percent from 2023 and the lowest since 2019.

Only one Massachusetts-based VC firm raised more than $1 billion in 2024, a more common occurrence in prior years, according to the report: Flagship Pioneering in Cambridge raised $2.6 billion in July for its eighth investment fund plus another $1 billion for smaller funds. The firm, founded by biotech entrepreneur Noubar Afeyan, helps develop scientific research for startups in addition to providing funding.

The next largest deals were Cambridge-based Atlas Ventures’ $450 million biotech-focused fund announced last month and Engine Ventures $400 million fund investing in climate tech startups announced in June.

The decline comes as VC firms have had trouble getting a return on their investments, because so few startups have been able to go public. Just six biotech companies based in Massachusetts and no tech companies went public last year.


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Aaron Pressman can be reached at aaron.pressman@globe.com. Follow him @ampressman.





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Mass. gives noncompliant towns more time to meet MBTA zoning regulations

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Mass. gives noncompliant towns more time to meet MBTA zoning regulations


The Healey administration filed emergency regulations late Tuesday afternoon to implement the controversial law meant to spur greater housing production, after Massachusetts’ highest court struck down the last pass at drafting those rules.

The Supreme Judicial Court upheld the MBTA Communities Act as a constitutional law last week, but said it was “ineffective” until the governor’s Executive Office of Housing and Livable Communities promulgated new guidelines. The court said EOHLC did not follow state law when creating the regulations the first time around, rendering them “presently unenforceable.”

The emergency regulations filed Tuesday are in effect for 90 days. Over the next three months, EOHLC intends to adopt permanent guidelines following a public comment period, before the expiration of the temporary procedures, a release from the office said.

“The emergency regulations do not substantively change the law’s zoning requirements and do not affect any determinations of compliance that have been already issued by EOHLC. The regulations do provide additional time for MBTA communities that failed to meet prior deadlines to come into compliance with the law,” the press release said.

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Massachusetts’ Supreme Judicial Court ruled that the state’s attorney general has the power to enforce the MBTA Communities Law, which requires communities near MBTA services to zone for more multifamily housing, but it also ruled that existing guidelines aren’t enforceable.

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The MBTA Communities Act requires 177 municipalities that host or are adjacent to MBTA service to zone for multifamily housing by right in at least one district.

Cities and towns are classified in one of four categories, and there were different compliance deadlines in the original regulations promulgated by EOHLC: host to rapid transit service (deadline of Dec. 31, 2023), host to commuter rail service (deadline of Dec. 31, 2024), adjacent community (deadline of Dec. 31, 2024) and adjacent small town (deadline of Dec. 31, 2025).

Under the emergency regulations, communities that did not meet prior deadlines must submit a new action plan to the state with a plan to comply with the law by 11:59 p.m. on Feb. 13, 2025. These communities will then have until July 14, 2025, to submit a district compliance application to the state.

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Communities designated as adjacent small towns still face the Dec. 31, 2025 deadline to adopt compliant zoning.

The town of Needham voted Tuesday on a special referendum over whether to re-zone the town for 3,000 more units of housing under Massachusetts’ MBTA Communities law.

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Like the old version of the guidelines, the new emergency regulations gives EOHLC the right to determine whether a city or town’s zoning provisions to allow for multi-family housing as of right are consistent with certain affordability requirements, and to determine what is a “reasonable size” for the multi-family zoning district.

The filing of emergency regulations comes six days after the SJC decision — though later than the governor’s office originally projected. Healey originally said her team would move to craft new regulations by the end of last week to plug the gap opened up by the ruling.

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“These regulations will allow us to continue moving forward with implementation of the MBTA Communities Law, which will increase housing production and lower costs across the state,” Healey said in a statement Tuesday. “These regulations allow communities more time to come into compliance with the law, and we are committed to working with them to advance zoning plans that fit their unique needs.”

A total of 116 communities out of the 177 subject to the law have already adopted multi-family zoning districts to comply with the MBTA Communities Act, according to EOHLC.





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Revere city councilor slams Massachusetts officials for being ‘woke’ after migrant shelter bust

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Revere city councilor slams Massachusetts officials for being ‘woke’ after migrant shelter bust


A Revere city councilor says the state’s right-to-shelter law is a “perfect example” of how “woke” ideologies are harmful, as he addressed the arrest of a migrant who allegedly had an AR-15 and 10 pounds of fentanyl at a local hotel.

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