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 [...]
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Archive for the 'Boston apartments' category
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 [...]
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 [...]
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 [...]
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.
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, [...]
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 [...]
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 [...]
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 [...]
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. [...]