Friday, April 12, 2013

Cambridge lures tech tenants with cheap rent, short leases | NYC ...

With the initiatives put forth by the Bloomberg administration, New York City has flourished into one of the country?s leading hubs for startups and technology firms. Now, Cambridge, Mass., is taking it a step further by approving Massachusetts Institute of Technology?s $1 billion development plan on the condition that the university offers 10 percent of affordable rental space to small tenants, such as new entrepreneurs and startups, the Wall Street Journal reported. MIT is one [more]

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Source: http://tighz.wordpress.com/2013/04/11/cambridge-lures-tech-tenants-with-cheap-rent-short-leases/

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