Established in 1957, Boston Redevelopment Authority is administered by the Boston City Council and Massachusetts Legislature. The authority offers a range of real estate-related services that includes the buying, selling and leasing of properties. It encourages the construction and redevelopment of commercial and residential properties. The authority also issues revenue bonds and notes, as well as provides several financing and technical assistance programs for businesses. Its board s development authorities include the power to acquire property through eminent domain and grant tax concessions. Boston Redevelopment Authority provides job training and placement services. In addition, the authority owns and operates various industrial parks and is located in Boston.