Saturday, January 24, 2026

GoLocal and Mott & Chace Partnership

The folks at Mott & Chace Sotheby’s International are offering three condominiums this week.

Whether one is looking for coastal living or urban living, there is an option.

And, if you need to know the price of your home, CLICK HERE.

GET THE LATEST BREAKING NEWS HERE — SIGN UP FOR GOLOCAL FREE DAILY EBLAST

Enjoy the tour.

1 Tower Drive #302 | Portsmouth | $699,000

Listed by Kylie McCollough

Experience refined coastal elegance in this fully renovated two-bedroom, two-bath residence, ideally situated within a prestigious gated waterfront community. Privately accessed by your own elevator, the home offers an exceptional level of privacy, comfort, and elevated design rarely found in condominium living. The open-concept living space is both inviting and sophisticated, anchored by a gas fireplace and seamlessly flowing into a chef’s kitchen appointed with marble countertops, high-end appliances, generous prep space, and a built-in wine refrigerator, perfectly suited for effortless entertaining and everyday luxury. Partial water views from the dining area create a tranquil backdrop, while a private balcony provides the ideal setting to unwind after a day on the water. The expansive primary suite serves as a serene retreat, featuring a spa-inspired bath with soaking tub, glass-enclosed walk-in shower, quartz countertops, and refined designer finishes throughout. Located just steps from a saltwater marina and adjacent to the members-only Aquidneck Club renowned for its world-class golf, dining, and lifestyle amenities, this residence is perfectly positioned for those seeking an active yet refined coastal lifestyle. With expansive rooms, elegant interiors, and resort-style surroundings, this exceptional home offers a rare opportunity to own a one-of-a-kind coastal retreat in one of Rhode Island’s most desirable enclaves.

14 East Pointe Court | South Kingstown | $989,000

Listed by John Blair

The Pointe at East Matunuck is a private, gated waterfront community surrounded by protected conservation land. This stylish standalone condominium, currently furnished to sleep six, offers significant rental income when used as a vacation rental, with water views in every direction and natural sunlight throughout the open concept living space. A modern kitchen with cathedral ceilings and a center island flows seamlessly into the dining and living area. Glass doors lead to a wraparound Trex deck, perfect for outdoor entertaining. The upper level features the primary bedroom, full bath, and laundry. The lower level offers flexible living or recreation space, a half bath, and access to a covered stone patio with private outdoor shower—an ideal spot to freshen up after a day at nearby East Matunuck Beach. Additional features include an integral one-car garage for beach and paddle gear, additional reserved parking spaces, guest parking, and access to the ocean inlet for paddle boards and kayaks. Minutes to the coastal Village of Jerusalem, local marinas, and coastal dining. Located just 85 miles from Boston and an easy commute from New York City, this is coastal Rhode Island living at its finest.

100 Exchange Street #1307 | Providence | $699,000

Listed by Jennifer Boland

Discover city living at its best in this beautifully appointed corner two-bedroom, two-bathroom condo in the heart of downtown Providence, offering stunning views of College Hill. Surrounded by windows, the home is filled with tons of natural light and features a bright, open layout with comfortable living and dining areas, highlighted by an amazing 10-foot kitchen island with seating—perfect for entertaining and casual gatherings. The primary bedroom includes a custom built-in closet, while the second bedroom offers excellent flexibility and could easily serve as a spacious home office or guest room. Two full baths, an in-unit washer and dryer, an extra storage space, and one deeded indoor parking spot add unmatched convenience. Building amenities include a 24-hour concierge, fitness center, and a rooftop terrace with an indoor club room. With the train station just steps away and Providence’s top restaurants, shops, arts, and waterfront attractions nearby, this condo combines comfort, style, and vibrant city living.

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On Thursday, a group of progressive lawmakers joined the Working Families Party in announcing a set of four bills, branded the “Fair Share for Rhode Island Package,” that would go beyond McKee’s proposal to generate $650 million in annual revenue by boosting taxes on the wealthy.

Representative Brandon C. Potter, a Cranston Democrat, called McKee’s proposal “a strong step forward,” but said, “It simply does not do enough to meet the needs of working people in Rhode Island right now.”

Potter emphasized that President Trump’s “One, Big, Beautiful Bill Act” would provide about $1 trillion in federal tax cuts for the richest 1 percent over the next decade while slashing health benefits and food assistance for lower-income Rhode Islanders.

“We need to meet this moment,” Potter said. “In a state controlled by Democrats, we have the opportunity to demonstrate what it means to fight for working people and deliver on our values in the way that this moment calls for.”

The “Fair Share for Rhode Island Package” includes:

● A 1 percent tax “wealth tax” on a Rhode Island tax filers who have worldwide financial assets of more than $25 million. That would generate a projected $300 million per year.

Potter and Senator Tiara T. Mack, a Providence Democrat, are sponsoring that legislation, which would apply to financial intangible assets such as stocks, bonds, options, and annuities, and not to the value of houses or other real estate property, or nonfinancial intangible assets such as patents or brand recognition.

Mack said the tax would affect 1/14th of the state’s richest 1 percent. “And because wealth is so concentrated amongst this very small percentage, this small tax on the richest Rhode Islanders will raise $3 billion over the next 10 years,” she said.

● A 3 percent surtax on taxable income of more than $640,000. That would generate a projected $200 million a year.

Representative Karen Alzate, a Pawtucket Democrat, said this is the seventh year that she and Senator Melissa A. Murray, a Woonsocket Democrat, have sponsored the legislation, and in light of Trump administration cuts, she said it’s more crucial than ever.

Alzate said the Massachusetts millionaires tax has provided that state with billions in revenue to improve health care and schools and lure big business such as Hasbro, which is moving its headquarters from Pawtucket to Boston. ”There is no mass exodus,“ she said. ”Just stronger communities.”

● A 4 percent “wealth proceeds tax” that would generate a projected $144.4 million per year.

Representative Teresa A. Tanzi, a South Kingstown Democrat, and Senator Meghan E. Kallman, a Pawtucket Democrat, are sponsoring the legislation, which aims to equalize the tax treatment of earned and unearned income by taxing “passive income” such as capital gains, dividends, interest and annuities, along with certain kinds of rents, royalties and business income. It would not tax income derived from active participation in a business or a retirement income such as Social Security, pensions, 401(k)s and IRAs.

● A digital ads tax that would generate an undetermined amount of revenue.

Kallman and Representative Terri Cortvriend, a Portsmouth Democrat, are sponsoring legislation that would tax the revenue of major tech companies, such as Meta and X, that make money from digital advertising. Only businesses with $1 million in annual gross revenue from digital ad services in Rhode Island would be required to file the new digital advertising tax return.

Last year, McKee proposed a 10 percent tax on digital advertising revenues in the state, which would only apply to media companies with more than $1 billion in global revenues.

Apple, Meta, TikTok, and Microsoft hired local lobbyists in Rhode Island to try to kill the proposal, and it was not included in the budget passed by the General Assembly. House Speaker K. Joseph Shekarchi, a Warwick Democrat, said the proposal was too speculative, noting only Maryland had tried such a tax and it was facing lawsuits.

The four tax proposals are facing strong opposition from business groups.

Laurie White, president of the Greater Providence Chamber of Commerce, criticized the proposals, saying increases in the personal income tax would hurt many small businesses.

Most of the state’s small businesses are organized as pass-through entities, meaning their business profits are taxed under the personal income tax, not a separate corporate tax, White said. Potter disputed the extent of the impact of a tax on income of more than $640,000.

But White said, “For thousands of small businesses, it is a direct tax on their operating income, and it ultimately affects employees through fewer opportunities and slower growth.”

White said the Working Families Party is supporting higher taxes while placing less emphasis “on ensuring accountability and measurable results from government.” For example, Rhode Island spends more per pupil on education than most states, and the outcomes are “mixed,” she said.

“Higher taxes alone do not necessarily lead to better public services,” White said. “We support the principle of reform before revenue and believe that Rhode Islanders deserve better accountability and quality government services for their tax dollars.”

She said state general revenue spending for fiscal year 2026 will reach $5.81 billion, marking an 11 percent increase in two years and outpacing inflation. “When spending grows at that rate, no narrowly targeted tax hike can meaningfully address the underlying problem,” she said.

White said the proposed digital advertising tax would hurt small businesses that use digital ads to grow their businesses, and raise prices for consumers. “It is also unclear whether or not it is constitutional,” she said.

On Friday, spokesmen for House and Senate leaders responded to the four tax proposals, saying, “When the legislation is introduced, it will undergo the usual thorough and public committee review process for consideration on its merits.”

Edward Fitzpatrick can be reached at edward.fitzpatrick@globe.com. Follow him @FitzProv.

Just two applications were submitted for the Woonsocket, Cumberland, Smithfield area

• 12 of the 19 worker cooperative applications were in the Providence-North Providence-Central Falls-Johnston-Lincoln area
• Only 20 licenses will be issued because too few applied in the northern portion of the state
• The retail applications were centered on the zone that combined Pawtucket and East Providence with Aquidneck Island

PROVIDENCE – A total of 98 entities submitted applications for Rhode Island’s 24 cannabis dispensary licenses, with the northern part of the state only seeing two applications.

The Cannabis Control Commission announced the retail license applications during its meeting on Jan. 16.

Applications opened in mid-September and closed on Dec. 29, 2025. The applications will be vetted before being assigned via a lottery system, but a date for applicants to get zoning approval for their retail establishments has been pushed out to March 2, while some cities and towns, such as Pawtucket, are changing their zoning rules after the application period closed.

While Rhode Island passed a law allowing for the opening of retail dispensaries in 2022, the licenses have yet to be issued, although dispensaries that sold medical marijuana have been selling recreational marijuana as well.