Mayor Martin J. Walsh is backing a proposal — which must be approved by the Legislature — that would create 152 new liquor licenses in Boston over the next three years. State law currently limits Boston to 745 liquor licenses.
The proposed new licenses would be nontransferable, meaning a restaurant would have to return its license to the city instead of selling it on the open market if it goes out of business. But the new licenses will also cost far less than the six-figure prices existing licenses go for on the open market, which opponents fear will lead to devaluation of current licenses.. . . more