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NESN broadcasters have become household names in New England. But the network’s Worcester-born former president and CEO Sean McGrail has quietly been key to the network’s success, according to two of the region’s most powerful sports executives.
Alan Seiffert has been named president and CEO of the Worcester Center for Performing Arts, the nonprofit behind The Hanover Theatre & Conservatory for the Performing Arts in Worcester.
As Worcester’s only public university that grants bachelor’s and master’s degrees, we know how life changing a four-year degree can be, writes Worcester State University President Barry Maloney.
There are major changes as well as new laws that now affect business owners that they never had in the past.
This is the second part in a two-part advice series on businesses’ relationship to water. Part one appeared originally in the Nov. 25 edition.
Mergers and acquisitions can be a mixed bag of emotions and strategies depending on which side you are on.
Commercial property owners in Worcester pay a higher tax rate than those in any other Central Massachusetts city or town. The rate of $30.04 per $1,000 of assessed property value is the only one in the region higher than $30. Worcester’s commercial tax rate is even higher than Boston’s $25.27 rate.
Most general media coverage of nonprofits, particularly human services nonprofits, tends to focus on their missions, the need for their services, and the community good they achieve. This type of coverage is important, as it raises a nonprofit’s profile. However, through the business-focused lens of WBJ’s coverage, we are more concerned with how they accomplish their missions.
Massachusetts is in the midst of a tax amnesty running from Nov. 1 to Dec. 30. Tax amnesties don’t come around often and don’t last long.
Employees at Milford Regional Physician Group, bankHometown, and Vision Advertising are moving up in their careers.
Between 2013 and 2022, the median gross rent in Worcester increased from $1,015 to $1,312 per month, according to data included in an October presentation produced by the City of Worcester as part of its efforts to produce a housing production plan. The same presentation noted new housing developments in Worcester have an average per-unit asking rent of $2,310 per month.
Studio rent prices at The Revington, a 228-unit mixed-use apartment building near Polar Park opened in 2023, start around $2,000, with two-bedroom apartments ranging from $3,282 to $3,469, according to listings on Apartments.com. A few blocks away on Green Street, studios at The Cove, a 173-unit development opened in October, also start at around $2,000, with two-bedroom units going for between $3,975 to $4,465.
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SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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