The article in the Bulletin does not paint the full picture.

I think that the USPS’s significant on-going financial problems, which force them to cut costs, may be a key reason why they are not prepared to open a Post Office in Eden Properties’ building on Harvard Ave. in Allston.

AI OVERVIEW

The U.S. Postal Service is no longer expected to run out of money in 2027, but its long-term finances remain under severe pressure.

Financial Status and Projections:

Delayed Cash Crisis: Postmaster General David Steiner confirmed to Congress that a potential cash crunch is delayed until sometime between 2031 and 2034.

Short-Term Relief: The agency delayed its immediate crisis by temporarily pausing employer payments to worker retirement and pension funds and freezing non-essential spending.

Ongoing Losses: The self-funded agency continues to log steep net losses—such as $2 billion in the second quarter and $9 billion the previous fiscal year—due to a long-term drop in first-class mail volume.

I recall that Noah Maslan, the developer, admitted during the approval process for his project that the space he was planning to make available for a Post Office would not be able to accommodate a full-service Post Office. So the USPS decision makers may have decided that the cost of leasing the space that would only offer limited service was not prudent economically from their perspective.

Reporting just the developer’s and the union’s interpretation of the events tells only half of the story.

Eva Webster

Brighton

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