The Greater Boston Real Estate Board supports a comprehensive government affairs program designed to foster a political and legal environment in which members can operate their business successfully. Thousands of bills are filed at the State House during each legislative session-many impacting the real estate industry. GBREB reviews each bill for its potential impact on our members, actively tracking and testifying on all of them. Advocacy extends to the regulatory arena, making sure that government imposed mandates and regulations are rational and cost effective. GBREB keeps members up to date on all of the issues affecting them and encourages active member involvement in the political process.
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Hall Talk: Conversation and Q & A with Officials From Boston City Hall
October 6 | Wilmer Hale Conference Center | 60 State Street Boston
September 10th, 2014 Reminder:
Boston Energy Scoring Reporting deadline 9/15 for commercial buildings over 50,000 sq. ft. No fines during the 1st year will be levied under an amendment to the law by Mayor Walsh.
August 8, 2014
Governor Deval Patrick signed into law a bill governing the terms of private construction contracts over $3 million.Chapter 276 of the Acts of 2014 regulates how and when retainage can be released by an owner. Retainage is a portion of the contract withheld until work is complete to insure that a contractor/subcontractor correctly completes a project. The new law caps retainage at 5%. Prior to the bill’s passage retainage was a matter of private contract negotiations.
GBREB along with several other organizations including NAIOP and AIA Massachusetts opposed to the bill out of concern it would interfere with private contract rights and increase the cost of construction. GBREB also raised concerns about lenders and programs that currently require 10% retainage including many affordable housing programs. Despite these concerns the bill was swiftly adopted by the Senate and House on a voice vote during the last two weeks of session.
Members only: Click here for a legal advisory on the new law.
SJC Decisions Limits Local Fire Department Rules | May 4, 2012
New Medical Marijuana Law May Create New Obligations For Property Owners and Managers...read more
The Political Edge
With election season in full swing, policymaking has turned to politics as legislators return to the district to campaign...read more...
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