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Archive for the 'Boston apartments' category


Boston’s glut of new luxury apartments may bring down rents – and banks with them

The numbers are somewhat staggering: 9,800 new apartments are slated to come on line in Boston in coming years – 887 units did so last year, 1,600 will come on line this year, and the rest will follow soon after. It’s all very welcome. The city – and state – desperately needs new housing. But [...]



The BRA is approving lots of housing projects in Menino’s waning days

As the days of the Menino administration come to a close, the BBJ reports that the Boston Redevelopment Authority has approved projects that include hundreds of new housing units in Boston. Eight hundred of them (800) would be at the redeveloped Government Center Garage. But that’s a 10-year project. Of more immediate interest is the [...]



Government Center Garage project OK’d — without condos

The proposed Government Center Garage redevelopment was approved by the city yesterday. The good news: It will have 800 housing units by the end of all the 10 years of construction. The sort of bad news: The units will be mostly, if not entirely, apartments, not condos. At least that’s the way we read the [...]



More than 300 apartments planned for Canal Street

Trinity Financial has apparently won the rights to develop a 310-unit apartment complex on state land near TD Garden. There also might be a supermarket in the new complex on the ground floor, though we’ll believe it when we see it. It was a long and brutal process to get this project under way, dating [...]



More developers are switching from apartments to condos

Responding to the red-hot market for condos, more developers are considering changing their plans from building new apartments to building new condos, the BBJ reports. The market forces are finally working, though it will take a while for all of these units to be built and be readied for sale.



‘A large, sometimes raucous turnout by landlords at City Hall’

The day before the city’s big preliminary election, the City Council apparently heard an earful yesterday from landlords upset with Boston’s new apartment-registration ordinance and its annual tax on units. At least one mayoral candidate, Charles Yancey, to his credit, seems to get it: “I believed it would 
benefit tenants,” City Councilor Charles C. Yancey, [...]



Hub landlords to storm City Hall! – with a new update

It’s going to be bigger than the Boston Tea Party. Bigger than the storming of the Bastille. Hub landlords, already in open revolt over the new apartment-registration ordinance and its absurd fees, are now planning a protest this Monday at City Hall. We can just envision it now: The mayor and city councilors cowering in [...]



Believe it or not, there are still apartment rentals available for Sept. 1

The competition for apartments is tough these days in Boston. But believe it or not, there are still some available for rent as of September 1. Here’s the numbers of available rentals for September 1st, based on MLS data: Back Bay – 143 rental avail Beacon Hill – 49 South End – 28 South Boston [...]



BRA backs off its anti-micro housing stand

That was fast. After insisting it had major doubts about expanding the number of so-called “micro-housing units” in the city (i.e. tiny apartments for young professionals, or so the theory goes), the city has suddenly retreated from that policy, amid some criticism that it was holding back construction of desperately needed new housing. The BRA’s [...]



BRA approves 1,100 new housing units for Boston

There wouldn’t be a housing shortage in Massachusetts if the suburbs allowed new housing construction at the same pace as Boston. Yesterday, the BRA approved four new projects in four neighborhoods, for a combined total of 1,100 units. That’s in addition to the 5,300 housing units currently under construction in the city. It’s pretty amazing. [...]



Let's talk Boston real estate. The most recent real estate comments

  • Tyler Mills, Lenders go into overdrive to clear out backlog of delinquent mortgages: Instead of forcing out the...
  • warren currier, ‘Boston’s faux housing boom’: Scott, Do you own any units in Boston? Supply /...
  • Nishant, Major Developers: Affordable homes can only be built outside downtown Boston: Yes, this is correct that...
  • warren currier, Done deal: Dr. Dre buys Tom and Gisele’s mansion for $40M: The property is located in LosAngeles,...
  • JS, Despite predictions, inventory of homes for sale continues to fall in Mass.: One thing that could be holding...
  • dcmhomebuyers, For 74 Beacon Street, it was the kitchen, stupid: Nice house. I think front section to location of...
  • Johnd478, Five signs you’re a ‘renter for life’: I just couldnt depart your site prior to...
  • Dionis Padron, Downtown condo prices now averaging near $1 million each: great article but prices for standalone...
  • John Ford, Charles Ponzi’s old Lexington home for sale at $3.3M: That’s a great idea. Anyone have an idea how...
  • Rich, Charles Ponzi’s old Lexington home for sale at $3.3M: Speaking of Mr. Ponzi, he ran his Ponzi scheme out of an...
  • amparo bracero, Big changes in store for Tremont Street?: I will love to comunicated my self with aida I was one of...
  • warren currier, Low mortgage rates may partly explain low inventory: The banks are making it very hard to get a loan....
  • Kiki, ‘Our biggest impediment’: Inventory: A quick maybe unrelated question. What’s a typical or...
  • JS, Hey, let’s tear down most of downtown Boston for the Olympics: I agree, and I resent the commission describing us...
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, ‘Our biggest impediment’: Inventory: good blog
  • Phoenix property management, Blog: As you may have noticed I am having problems with the comment section of the blog....
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. i like it so much.
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. I like it
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, California dreamin’ on such a winter’s day …: Good post...
  • Borris C., ‘Friendly competition’ keeps Seaport rents as high as possible: Sounds like good old-fashioned collusion...

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