GE MAY BRING good things to life, but they’ll be bringing a lot less to Boston than the company promised to great fanfare just three years ago. The company announced on Thursday that it will sell the Fort Point property where it planned to build out its corporate headquarters and pay back $87 million in […]
GE
Posted inThe Download
GE dims its Boston presence
GE may bring good things to life, but they’ll be bringing a lot less to Boston than the company promised to great fanfare just three years ago. The company announced on Thursday that it will sell the Fort Point property where it planned to build out its corporate headquarters and pay back $87 million in […]
Posted inThe Download
GEe, what will Amazon do?
Just as GE is set to move into Boston, word comes that the multinational conglomerate that city and state officials wooed here with a multi-million dollar package of tax breaks and incentives will look nothing like the corporate anchor that was envisioned to launch the Seaport into the future. Everything coming from GE CEO John […]
Posted inThe Download
GE coming because of our brains, not brilliant pols
With all the excitement and high-fiving among state and city and leaders starting to wind down, now comes the annoying reality check on the General Electric news that ruins all the fun. It turns out Charlie Baker and Marty Walsh don’t walk on water. Their bipartisan rowing in the same direction was surely helpful (there […]
Posted inEconomy, The Download
Come to Boston for the sights, stay for the tax credits
Boston and the entire state is puffing out its collective chest just a little bit more this morning with the announcement that General Electric is moving its worldwide headquarters to the Seaport District this summer. And all it took was money. Lots and lots of money. Potentially as much as $145 million in tax credits, grants, and infrastructure […]