7 Responses to “South Boston Developer Now Seeks Renters” »»

1. Funny
   Comment by Funny | 03/23/09 at 10:06 am

   Baaahahahaa, FOR BROADWAY?!

   Sorry, but you can get nice remodeled studio on A&B street for $1000 tops in this market. Rents are also headed south it seems.

   There’s also the issue that the new construction across from Broadway T stop is supposed to be done by mid summer, and it appears they’re shifting to rentals too.

   Good luck indeed. If they need to charge that kind of money to be profitable in that location with what they built, they undershot by about 20 years.

2. Nick
   Comment by Nick | 03/23/09 at 10:16 am

   I wouldn’t be too happy if I lived there — influx of renters!

3. Tico
   Comment by Tico | 03/23/09 at 10:18 am

   John, dont these rents include all utilities along with internet, cable, parking, concierge, gym, pool and bbq area? If so this isn’t that bad of a deal.

4. JohnF
   Comment by JohnF | 03/23/09 at 11:58 am

   Tico, Your correct. I guess with that said its not that bad of a deal.

5. condobuyer
   Comment by condobuyer | 03/23/09 at 1:10 pm

   John,

   I actually think the rents are high unless you believe that South Boston and Beacon Hill/West End command similar rents. You can rent a 1100-1200 sq ft brand new apt in Beacon Hill/West End for $3500 with a concierge, fitness, etc. Most bldngs everywhere still charge for electric while gas and water is included.

6. Glenn Scott Ryan
   Comment by Glenn Scott Ryan | 03/23/09 at 1:15 pm

   I agree with Condobuyer, those rents are high for South Boston. There is a building in Charlestown that tried charging basically the same rents for their rental units, which would be fine if they were in downtown Boston, not Charlestown.

7. Funny
   Comment by Funny | 03/24/09 at 9:39 am

   to get back to it, you’re still paying a premium even with internet, cable, parking, gym/pool and bbq area(roof deck/patio).

   If you can deal without the concierge, you can rent much cheaper without forgoing the living conditions.

   Were talking $1600-1700 from apartments around that area including bills vs the $2200 all included.

   It’s a no brainer, especially since there’s nothing nice about that places location besides a 20 min walk to south station and right next to the MBTA.

   Is Dunks and Six House really that important to someone willing to pay $2200 for a studio? Especially when you money gets you much further just a block away?

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