The practice has become increasingly common as prospective purchasers, frustrated by the state’s red hot real estate market, are doing whatever they can to put in the winning bid.
maine businesses
Posted inBusiness, Maine
Maine Med reaches $150 million goal for Portland hospital expansion
Still, the hospital is extending its goal by an additional $20 million for ‘further investments made necessary by the challenges of the COVID-19 pandemic.’
advertisement
Posted inBusiness, Maine
Debate begins early over raising Portland’s minimum wage to $18
Voters will likely be asked in November if they want to increase the city’s minimum wage, which at $13 an hour is already above the statewide minimum and on its way to $15 in 2024.
Posted inBusiness, Maine
Maine home sales activity is slowing down, but it’s not a buyer’s market yet
May was largely a continuation of existing trends, with home sales down 12% and prices up 15% from a year ago.
Posted inBusiness, Maine
New England fuel dealers plot their future in a rapidly electrifying world
As more mandates and incentives are rolled out to fight climate change, a strategy emerges to cast doubt on electrification while talking up renewable liquid fuels.
Posted inBusiness, Maine
Request for offshore wind power contract raises Maine ratepayer concerns
The proposed contract’s likely impact on Maine electricity customers is being shielded from public view, for now.
Posted inBusiness, Maine
Maine’s landmark recycling reform law will take years to implement
It could take 4 years for the state to craft detailed regulations that make big corporations shoulder the local cost of disposing of hard-to-recycle packaging they produce.
Posted inBusiness, Maine
Delayed Portland bike-share program could finally start rolling in July
The company that was hired to operate a 200-bicycle rental network said it is scrambling to implement the long-awaited program this summer.
Posted inBusiness, Maine
New unions in Portland make racial justice a top priority
Young, progressive workers say they want enforceable contracts that reflect management’s pledges of support for diversity, equity and inclusion.
Posted inBusiness, Maine
No shell, big shock: Maine lobster rolls fetch record prices this season
Lobster lovers can expect to pay in excess of $40 for a single roll at some of the state’s most popular summer eateries. The average price is closer to $30.