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 time to start building condos again in Boston was actually a few years ago, as far as market timing is concerned. Can you imagine if someone had gone against the grain and actually developed a slew of condos a few years ago and they were just coming on the market right now? But we’re [...]

The BBJ has a good article asking why Simon Properties decided to go with more apartments, rather than condos, in its recent revision of the Copley Place Tower plan. From the BBJ’s Tom Grillo: Simon’s decision left some brokers scratching their heads. Agents say many urban buyers want all the bells and whistles: concierge service, [...]

The sales at the new 45 Province Street condo tower were painfully slow at first and there are still 25 unsold units at the site. But sales are indeed picking up at 45 Province, reflecting an overall improving economy and market for Boston in general.

From the Mass. Association of Realtors: “The Boston City Council is considering a new ordinance that will act like a new tax on condominiums, require reporting of utility and water bills to your condo association, and impose fines on condo associations which fail to conduct energy audits and report results to city hall regulators.” No [...]

From the WSJ blog: http://blogs.wsj.com/developments/2012/11/09/nar-economist-home-prices-to-rise-15-in-3-years/   Hat tip: Richard

The Bruins’ Milan Lucic has scored with the recent $2.6 million purchase of a Union Wharf townhouse. From the BBJ: “The 2,307-square-foot brick and beam home features a private balcony overlooking the water, a media room with fireplace, a master suite with skylights, a bath with double vanities and double closets, as well as a [...]

Kiplinger’s Personal Finance has released its list of the best cities for young adults, professionals, families, second acts (empty-nesters) and retirees. Not surprising to any of us who already live here, Boston ranked high, at #3 (only Madison, WI and Austin, TX were ranked higher). Kiplinger’s analyzed each US major city to determine which satisfied [...]