Evan Horowitz, executive director of cSPA, says that even though struggling Boston commercial property owners have valuable properties, “they’re not profitable.”
This article cites data on declining confidence in higher education that Evan Horowitz shared during a panel discussion on the economic impact of higher education in Massachusetts.
This article references collaborative research from cSPA that showed a downward trend in Boston commercial property values could mean a city revenue shortfall of $1.2 billion to $1.5 billion over the next five years.
Evan Horowitz is quoted on Boston's tax structure, “it doesn’t work now because it will give you rates that would cause a political firestorm.” A collaborative report with the Boston Policy Institute on Boston commercial property values is also referenced
A recent cSPA study shows a revenue shortfall in Boston of more than a billion dollars over the next five years as commercial property taxpayers pursue abatements or abandon their holdings.