Working at a Boston-based family real estate company, I’m fortunate to call some of these businesses our tenants. But this past weekend it became clear that squirreling away gift cards and ordering take out would not be enough.
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With Governor Baker’s order last night for MA (and other similar orders across the country) we have more clarity re: the days ahead as related to regulations surrounding places of public accommodation & public gatherings.
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We believe it is necessary that we, as a real estate community, immediately grasp the gravity of the threat to the retail and service businesses in our projects and neighborhoods and act swiftly to accommodate as best we can, understand, and respond to inevitable requests of relief from tenants.
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We will do our best to be clear and honest, which means, at times, sharing the news we are getting in real-time that is not yet apparent to most of you.
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