DOCSLIB.ORG

Boston Condo and Rental Market Report Year End 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Boston Condo and Rental Market Report Year End 2018 Boston Condo and Rental Market Report Year End 2018 2/1/2019 Introduction Although 2018 was considered a banner year with over Buyers are moving around, following the value. Specific 4000 closings and record high prices, it is also being neighborhoods mean less as Boston develops the infill recognized as the beginning of the “adjustment cycle.” After between them, resulting in a blending and overlapping that years of record – breaking absorption and year over year skews some of the specificity prevalent in years past. The double digit appreciation, the market has hit the pause key ingredients of public transportation, ease of walkability button. and an established sense of place are more motivating than a defined neighborhood boundary. The last quarter of 2018 witnessed a shift in the market from an over heated Sellers’ market to a more balanced Amenities and parking are at the forefront of decision- demand model. The high-end new construction market making. Bostonians still love their cars and although has provided sufficient supply such that those buyers have we have witnessed some constriction on that demand, several choices.. and are taking their time making them. selling any new construction with 2 bedrooms requires With over 1500 units at over $1450 per foot either on a parking space for optimum pricing. Amenities are alive the market or coming on the market within the next 12 and well, now expecting elevated concierge services, months, the supply within that silo is several years’ worth of curated programming and sufficient outdoor spaces such inventory. Fortunately, Boston’s appetite for the high-end that their “vertical neighborhoods” can be self-sustaining. of the market is still relatively robust, over 400 units sold in Balancing all these playgrounds is a challenge in concert 2018 with a $2 million plus price tag. with HOA fees, which need to straddle $1.00 per foot to be acceptable to the median of the market. However, that 35 per month absorption metric has slowed to 10 during the past quarter. The impact of economic Boston will continue to appreciate, albeit more cautiously instability, rising interest rates last fall, national political and certainly not at the same level that we have concerns and the world-wide unsettled nature of political experienced during the past 7 years. But our local economy power struggles has eroded consumer confidence. Few is top-tier, nationwide. We have a user-friendly business can deal with spending millions under these circumstances. development arena and a local administration who wants The constricting Asian market has further reduced the to build housing. Investors from throughout the globe buyer pool. These uber luxury projects will sell, albeit at a still consider Boston a great investment. And although it much slower pace. appears we are facing a general over supply within certain price points, the truth is – it takes 3 years to complete a The market under 1 million, however, is alive and well. Any large residential building in Boston, providing the ability to urban project with absolute prices under 1 million dollars amortize the absorption of these large projects within a is still experiencing robust absorption but moderate reasonable timeframe. Boston will continue to support one appreciation. The stable interest rate scenario is assisting of the top real estate markets in the nation. The 2019 that balance. This bodes well for a moderately priced resale message however, is moderation and some patience… in market too. both price and pace going forward. Development Pipeline (Planning, Under Construction or Recently Completed) • Represents over 21,000 Map Legend The Graphic (171) 610 Rutherford Ave (22) units of inventory either 425 Border Street (16) Condominiums The Harvey (177) recently delivered, 135 Bremen (94) 1699 Mass Ave (20) Condo w/ Hotel Component Coppersmith Village (15/56) 319-327 Chelsea(38) in planning, or under 301-303 Border St (64) Condo w/ Rental Component Cambridge Crossing (2,400) construction Ropewalk (97) Condo w/Office Component 140 Prospect St (5) 75-85 Liverpool (22) 151 Liverpool (36) Apartments Maverick Shipyard(23) • The distribution is as Slip 45 (114/284) The Mark (107) Conversion follows: 18% condominium Slip 65 (80/284) 114 Orleans (23) Unknown Use 125 Sumner (30/22) 31 Orleans (14) units, 46% apartment Volpe MIT (1,400) Hub50 House units, 36% unknown use (440) Market Central (308) Garden Garage (469) Saybrook (29) Everett St Radius (132) Barry’s Corner (325) Residences (19) 24-26 Hichborn St (20) Bulfinch Crossing (55/368) 287 Maverick St (37) Proto (280) Lantera Boston Landing (295) The Archer (67) 25 Atlantic Ave (6) 1550 Soldier's Field Rd (249) 30 Penniman Road (46) 66 Beacon St (15) 1 Bromfield St (119/300) Boulevard on the 392-398 Cambridge (32) Greenway (36) 44 North Beacon Street (16/38) Winthrop Sq. (200/300) Allston Square (245/108) 31 N Beacon (20) St Regis Tower (150) 40 Rugg Rd (265) Motor Mart Garage (125/131) Canvas (94) 37-43 N Beacon St (9/72) 212 Stuart (131) 1000 Boylston (108) Pier 4 (106) 89 Brighton Ave (129) Fenway Center I (550) Echelon (447/285) Allston Yards (1,050) Packard Crossing (114) 47-55 LaGrange (176) Trans National Group Tower (325) NEMA (414) 386-388 Market St (17) South End Gateway (600) 7Ink By Ollie (250) Viola Back Bay (85) Parcel K (304) 455 Harvard St (17) The Coolidge (320) Raffles Residences (139) 87-93 W Broadway (65) 72 Burbank St (32) One Dalton (180) Washington St Plaza (270) 112 Shawmut (170) 1299 Beacon (74) Power Plant (1,344) The Henry (20) 410 W Broadway (24) 5 Washington St (108) Quinzani (101/172) 60 Kilmarnock St (195/238) 420 W Broadway (42) 81 Chestnut Hill Ave (14) SOBO Place (50) 209 Harvard St (43) 120 W 4th St (9) 46 Wareham St (18) 27 H St (11) Flats on Marion (4) The Ceinture (54) The Chandlery (114) 1470 Tremont St (30) Longwood II 410 W Broadway (24) 158 Winthrop Rd (5) Residences(115) The Smith South End (650) 232 Old Colony Ave (24) 20 Boylston St (16) Mission Hill Flats (40) Washington Village (656) 256 Dorchester St (32) 29 Gorham Ave (2) 33-39 Ward St (14) 9-11 Burney St (25) 603 Dorchester Ave (24) 400 Dorchester St (35) Annualized Urban Core Condominium Sales, UAG & Listings by Year • Condominiums are Price PSF classified into luxury $2,400 16% categories based on neighborhood, finishes, $2,300 amenities, and pricing $2,200 8% $2,100 -6% • Ultra Luxury are the 12% highest end buildings, $2,000 followed by Luxury and $1,900 then Mid Luxury buildings 19% $1,800 19% • Since 2013, sales prices $1,700 for Luxury and Mid Luxury $1,600 9% -13% have steadily risen, while Ultra Luxury Ultra Luxury has rise $1,500 15% -10% Luxury significantly $1,400 Mid Luxury 1% • Currently UAG for Ultra $1,300 14% -2% Non Luxury Luxury appears to have $1,200 depreciated, this is 13% 18% $1,100 based on 21 units under -10% 6% $1,000 -3% agreement, of which 17 7% 7% 1% are from one building (Pier $900 16% 9% 4) averaging $2,041 PSF, 6% $800 1% 8% with prices starting as low 9% $700 as $1,500 per square foot 9% • Please note, UAG and $600 Listings are only based $500 on public information via 2013 2014 2015 2016 2017 2018 UAG Listings LINK/MLS, and buildings Year (2013 through 2018) like 1 Dalton are not included The above highlights historical and recent condominium sales, units under agreement and listings (through December 31, 2018) for specific Urban Core neighborhoods including Allston, Back Bay, Beacon Hill, Brighton, Charlestown, East Boston, Fenway, the Financial District, Chinatown, Midtown, North End, The Seaport, South Boston, South End, Waterfront, and the West End. Urban Core Annualized Condominium Sales and UAG (By Size & Price Per Square Foot) • The majority of Non, Mid, 3% Non Lux / .4% Mid Lux / 6% Lux / 33% Ultra Lux Sale/UAG PPSF and Luxury units fall under $2,900 10% 1,600 SF $2,800 10% Non Lux / 5% Mid Lux / 23% Lux / 34% Ultra Lux $2,700 • 23% and 34% of units in $2,600 Luxury and Ultra Luxury $2,500 7% are between 1,600 and 87% Non Lux / 94% Mid Lux / 70% Lux / 33% Ultra Lux $2,400 2,400 square feet $2,300 7% $2,200 3% 10% 7% • The majority of sales/ $2,100 12% 2% 7% UAG (over 83%) are 2 $2,000 16% 9% 9% bedrooms or smaller $1,900 10% $1,800 Non Luxury • Only 28% of Luxury and $1,700 2% 3% 5% 2% $1,600 Mid Luxury 3% Ultra Luxury units 2% $1,500 15% 6% Luxury are below 1000 SF in 18% $1,400 12% 0.4% Ultra Luxury comparison to the over 13% 1% $1,300 3% 10% 0.4% 50% occupied by both Mid $1,200 14% and Non Luxury buildings % of $1,100 2% Sales/UAG 14% 13% 2% $1,000 12% 2% 1% for various 26% 23% 3%2% • For both Ultra Luxury and 5% 4% luxury $900 21% 6% 0.2% categories 20% 15% 10% 1% Non Luxury Units, price $800 $700 per square foot increases $600 as unit size increases $500 Square Foot Range The above highlights annualized condominium sales and under agreement (through December 31, 2018) for the specific urban core neighborhoods previously listed. Data is based on publicly available information. 2018 Urban Core Sales Variance Per Quarter (Above and Below $1 Million) • The average variance between selling price and original price is Avg Variance significantly greater for Price Range #Sold/UAG Avg Selling (Sold-Org Avg % closings over $1 million /Quarter /List Avg SF Price Avg PPSF Price) Variance Avg DOM (-3.3%) than for closings Closings Less than $1 Million under $1 million (-0.4%) Quarter 1 165 885 $684,939 $831 ($13,527) -1.2% 45 • Sales variance between selling and original Quarter 2 374 827 $706,331 $914 $7,844 1.5% 26 price for buildings over $1 million was roughly
Load more

Recommended publications
  • Harvard Plans Its Sizable Allston Future
    Forging a Connection with immigrants and literacy PAGE6 ~ Community Newspaper Company Ill www.allstonbrightontab.com FRIDAY, OCTOBER 24, 2003 Vol. 8, No. 12 Iii 52 Pages Ill 3 Sections 75¢ New fashions Harvard plans its sizable Allston future By Jill Casey STAFF WRITER "I for one don't want his week Harvard Uni­ versity released its broad Allston to be just T vision for the next phase student housing and of development in Allston. The long-awaited statement did not nothing more. I want offer too many specifics, but did the academic uses and give indication that they hope to transfer many of its integral aca­ bio-tech and medical demic programs across the research. I think the Charles River to Allston. 'This is a critical time in Har­ life sciences are the vard's history, as it is for all high­ future for much of er education .... At such a time, the properties Harvard has acquired Allston Landing." in Allston afford us a historic op­ portunity to innovate, to grow City Councilor and to build our long-term acade­ Jeny McDennott mic strength, while also con­ tributing to the vitality of our im­ With more than 200 acres of portant home communities," said property holdings that they have Harvard University President PHOTO ev ZAAA TZANEV acquired in Allston since the Last week, many people ventured from watchln# the Red Sox at home t o watching the Models from Maggie Inc. show the latest Lawrence Summers in an open fashions at Saks 5th Avenue at Tonic - the Mel L,ounge In Brighton.
    [Show full text]
  • Boston Office Market Report
    BOSTON OFFICE MARKET REPORT SECOND QUARTER 2018 NO SIGNS OF SUMMER SLOWDOWN Greater Boston's market showed no signs of weakening during the second quarter by recording strong growth from numerous industry types. The market continued receiving inbound demand as well as converting organic growth into significant expansion. Most notably, Amazon's commitment to nearly 430,000 square feet at Parcel L4 in the Seaport reflects inbound demand while Wayfair's torrid expansion into roughly 395,000 SF in the Back Bay at 222 Berkeley and 500 Boylston Street exemplifies organic growth. The region's demographics and economy have remained solid which has supported and promoted Boston's recent expansion. Firmly rooted in education, technology and life sciences, Boston's diverse economic base has submitted strong job growth through increased recruitment and skilled labor retention from the area’s leading universities and institutions. Looking forward, expect durable market conditions and a diversified economy to guide the region's commercial real estate market to a strong performance over the next several years. 3.5% 3.8% # $2.6B 2ND MAY MAY MA QUARTERLY NATIONALLY IN MASSACHUSETTS NATIONAL VC FUNDING (Q1) QUARTERLY (Q1) UNEMPLOYMENT UNEMPLOYMENT VC FUNDING CLASS A MARKET ASKING RATE VS. DIRECT VACANCY TRENDS $64.00 16.0% $61.00 14.0% $58.00 12.0% GLOBAL DESTINATION $55.00 10.0% World leader in medical innovation and $52.00 8.0% technological advancement $49.00 6.0% TOWER SALES RIPPLE $46.00 4.0% EFFECT Will recent Class A Tower sales push $43.00 2.0% rental rates even higher? $40.00 0.0% 201720162015201420132012201120102009200820072006 YTD2018 TECHNOLOGY & Average Asking Rate Direct Vacancy (%) INNOVATION HUB Fortune 500 leaders and 1,900 homegrown startups CLASS B BUILD TO SUIT AND ASKING RATE VS.
    [Show full text]
  • Residences on Morrissey Boulevard, 25 Morrissey Boulevard, Dorchester
    NOTICE OF INTENT (NOI) TEMPORARY CONSTRUCTION DEWATERING RESIDENCES AT MORRISSEY BOULEVARD 25 MORRISSEY BOULEVARD DORCHESTER, MASSACHUSETTS by Haley & Aldrich, Inc. Boston, Massachusetts on behalf of Qianlong Criterion Ventures LLC Waltham, Massachusetts for US Environmental Protection Agency Boston, Massachusetts File No. 40414-042 July 2014 Haley & Aldrich, Inc. 465 Medford St. Suite 2200 Boston, MA 02129 Tel: 617.886.7400 Fax: 617.886.7600 HaleyAldrich.com 22 July 2014 File No. 40414-042 US Environmental Protection Agency 5 Post Office Square, Suite 100 Mail Code OEP06-4 Boston, Massachusetts 02109-3912 Attention: Ms. Shelly Puleo Subject: Notice of Intent (NOI) Temporary Construction Dewatering 25 Morrissey Boulevard Dorchester, Massachusetts Dear Ms. Puleo: On behalf of our client, Qianlong Criterion Ventures LLC (Qianlong Criterion), and in accordance with the National Pollutant Discharge Elimination System (NPDES) Remediation General Permit (RGP) in Massachusetts, MAG910000, this letter submits a Notice of Intent (NOI) and the applicable documentation as required by the US Environmental Protection Agency (EPA) for temporary construction site dewatering under the RGP. Temporary dewatering is planned in support of the construction of the proposed Residences at Morrissey Boulevard in Dorchester, Massachusetts, as shown on Figure 1, Project Locus. We anticipate construction dewatering will be conducted, as necessary, during below grade excavation and planned construction. The site is bounded to the north by the JFK/UMass MBTA red line station, to the east by William T. Morrissey Boulevard, to the south by paved parking associated with Shaw’s Supermarket, beyond which lies the Shaw’s Supermarket, and to the west by MBTA railroad tracks and the elevated I-93 (Southeast Expressway).
    [Show full text]
  • 109 Causeway Street ®
    BOSTON, MA 109 Causeway Street ® West End/North Station Retail Space for Lease ±1,600 SF • Available immediately • Prime corner location in the heart of the West End/North Station market, one of Boston’s fastest growing neighborhoods • Situated immediately across the street from TD Garden, home of the Boston Bruins and Celtics; North Station, one of the three busiest commuter hubs in Boston; and Boston Properties’ Hub on Causeway development • Heavy pedestrian traffic in front of site from daily commuters, neighborhood residents, and visitors for events at TD Garden Ben Ravelson Robin Estus 617.239.3646 617.239.3604 [email protected] [email protected] ATLANTICRETAIL.COM ATLANTA | BOSTON | CHARLOTTE | LOS ANGELES | PITTSBURGH | WEST PALM BEACH © ATLANTIC RETAIL 2020 The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. LOVEJOY WHARF (157 LUXURY CONDOS) 93 HEADQUARTERS NORTH STATION 6,248 RIDERS/DAY (GREEN & ORANGE LINE) 20,000+ DAILY INBOUND RIDERS ON COMMUTER RAIL AVALON NORTH STATION 500 LUXURY APARTMENTS THE BEVERLY (239 RESIDENTIAL UNITS) COURTYARD MARRIOTT Friend Street (220 KEYS) Causeway Street 500,000 SF OFFICE SITE (UNDER CONSTRUCTION) 256 KEYS HEADQUARTERS NORTH STATION LIQUORS 440 RESIDENTIAL UNITS (UNDER CONSTRUCTION) BOSTON, MA Ben Ravelson Robin Estus 617.239.3646 617.239.3604 109 Causeway Street [email protected] [email protected] SITE AERIAL ATLANTICRETAIL.COM © ATLANTIC RETAIL 2020 DN OFFICE 5' - 6" " 9 114 - ' 6 44 SF PT.304 " 9 - ' 8 STAIR DN 107 15' - 3" 120 SF KITCHEN 112 309 SF PT.302U.O.N NORTH STATION LIQUORS LUGGAGE BAR 106 115 22 SF 74 SF 7' - 7" COUNT 2 FTE STAIR 108 ELEVATOR LOBBY 14' - 5" 78 SF 9' - 10" 104 2 A " " 33 SF 5 2 A903 - - ' ' 8 7 2 PT.301U.O.N CORR.
    [Show full text]
  • Text Amendment Application No. 479 Cannabis Establishments Boston Planning and Development Agency
    Text Amendment Application No. 479 Cannabis Establishments Boston Planning and Development Agency TEXT AMENDMENT NO. 432 THE COMMONWEALTH OF MASSACHUSETTS CITY OF BOSTON IN ZONING COMMISSION The Zoning Commission of the City of Boston, acting under Chapter 665 of the Acts of 1956, as amended, after due report, notice and hearing does hereby amend the text of the Boston Zoning Code, as established under Chapter 665 of the Acts of 1956, as amended, as follows: 1. By striking the definition "Medical Marijuana Treatment Center" from Articles 2 and 2A of the Code, and inserting in place thereof the following: "Cannabis Establishment," an entity, licensed and registered with the Commonwealth of Massachusetts that acquires, cultivates, possesses (including development of related products as edible marijuana infused products (MIP), tinctures, aerosols, oils, or ointments), transfers, transports, sells, distributes, dispenses, or administers cannabis, products containing cannabis, including, but not limited to an adult use cannabis establishment, a medical use cannabis establishment, a marijuana retailer, a marijuana product manufacturer or a marijuana cultivator. Cannabis Establishments shall include any Marijuana Establislunent or Medical Marijuana Treatment Center licensed pursuant to 935 CMR 500, 105 CMR 725.100, or any successor regulation. 2. By amending Article 8 (Regulation of Uses) as follows: a. In Section 8-7, Table A, Use Regulations, delete existing Use Item #39B "Medical Marijuana Treatment Center" and insert the following use item: SRHLBMIWMER 39B Cannabis Establishment F* F* F* C* C* C* C* C* C* C* 1 *Cannabis Establishment-provided that any cannabis establishment shall be sited at least one half mile or 2,640 feet from another existing cannabis establishment and at least 500 feet from a pre-existing public or private school providing education in kindergarten or any of grades 1 through 12.
    [Show full text]
  • Rules for the Second Annual Flash Fiction Writing Contest, Boston in 100 Words
    RULES FOR THE SECOND ANNUAL FLASH FICTION WRITING CONTEST, BOSTON IN 100 WORDS 1. Contest participation is open to anyone living, working, or going to school in the city of Boston, which includes the following neighborhoods: Allston, Back Bay, Bay Village, Beacon Hill, Brighton, Charlestown, Chinatown, Dorchester, Downtown, East Boston, Fenway, Harbor Islands, Hyde Park, Jamaica Plain, Leather District, Longwood Medical Area, Mattapan, Mission Hill, North End, Roslindale, Roxbury, South Boston, South Boston Waterfront, South End, West End, West Roxbury. Participants must submit a valid mailing address in one of these neighborhoods where they can be reached. 2. Participation is also open to anyone living in the following towns: Arlington, Cambridge, Belmont, Brookline, Chelsea, Everett, Malden, Medford, Newton, Somerville, Revere, Watertown, Winthrop. Participants must submit a valid mailing address in one of these towns where they can be reached. 3. Stories must be about life in the city of Boston. 4. Stories must be originally written by the author for the purpose of this contest, they cannot be previously published, and they cannot be more than 100 words; the title of the story does not count as part of the 100 words. 5. Participants can submit up to five stories each. Stories can be submitted through the contest website and in accordance with the instructions listed there. 6. Stories can also be submitted by mail to: Boston in 100 Words 40 Elson Rd. Waltham, MA 02451. If submitting by mail, please submit stories in a sealed envelope with a pseudonym in place of your real name. Inside the sealed envelope, each story should include a title and your pseudonym; also include a separate document with the following information: pseudonym, title of story (or stories if submitting more than one), first and last name, date of birth, mailing address, phone number, and email.
    [Show full text]
  • Boston, Massachusetts South Bay South Bay Boston, Massachusetts Strategies for the South Bay Planning Study Area
    Boston, Massachusetts South Bay South Bay Boston, Massachusetts Strategies for the South Bay Planning Study Area December 10–13, 2012 A Governors Advisory Panel Report About the Urban Land Institute THE MISSION OF THE URBAN LAND INSTITUTE n Sustaining a diverse global network of local practice is to provide leadership in the responsible use of land and advisory efforts that address current and future and in creating and sustaining thriving communities challenges. worldwide. ULI is committed to Established in 1936, the Institute today has nearly n Bringing together leaders from across the fields of 30,000 members worldwide, representing the entire real estate and land use policy to exchange best spectrum of the land use and develop ment disciplines. practices and serve community needs; Professionals represented include developers, builders, property own ers, investors, architects, public officials, n Fostering collaboration within and beyond ULI’s mem- plan­­ners, real estate brokers, appraisers, attorneys, bership through mentoring, dialogue, and problem engineers, financiers, academicians, students, and solving; librarians. n Exploring issues of urbanization, conservation, ULI relies heavily on the experience of its members. It is regeneration, land use, capital formation, and sus- through member involvement and information resources tainable development; that ULI has been able to set standards of excellence n Advancing land use policies and design practices in ­­de velopment prac­­tice. The Institute has long been that respect the uniqueness of both built and natural recognized as one of the world’s most respected and environments; widely quoted sources of objective information on urban planning, growth, and development. n Sharing knowledge through education, applied re- search, publishing, and electronic media; and © 2013 by the Urban Land Institute 1025 Thomas Jefferson Street, NW Suite 500 West Washington, DC 20007-5201 Cover photo: South Bay Interchange, 2006.
    [Show full text]
  • 398 Neponset Ave, Dorchester, MA
    Dorchester Reporter “The News and Values Around the Neighborhood” Volume 29 Issue 3 Thursday, January 19, 2012 50¢ Menino pledges: Students to get schools ‘closer to their homes’ By Gintautas Dumcius not know each other; news eDitor children might not play Mayor Thomas Menino together. They can’t on Tuesday renewed a carpool, or study for the pledge to adopt a “radi- same tests. We won’t cally different” student have the schools our kids assignment plan for deserve until we build the city’s schools. In his school communities that nineteenth State of the serve them well.” City address, he also In a year, Menino said, called for the expansion a plan will be in place of neighborhood crime that allows for “children Pope John Paul II Catholic Academy students Katie Nolan and Eric Watts cut the ceremonial ribbon on watch groups and the attending schools closer a new wing of the school’s Neponset campus during a ceremony last Thursday evening. The students creation of an advisory to their homes,” adding “I are surrounded by teachers, l-r, Sr. Jean Plausky, CSJ, Rose O’Hare, Patricia Kelley, and Eileen Frain. board that would focus know I have talked about The renovation project ended in December and added several new classrooms and a lab to the Neponset on the casino issue. changing the student Ave. campus. Story, page 3. Photo courtesy Pope John Paul II Catholic Academy “Pick any street. A assignment plan before. dozen children probably We have made many attend a dozen differ- improvements over the State plans to replace Red Line ent schools,” Menino years.
    [Show full text]
  • Boston Real Estate's Field of Dreams Your Email Here GO Wednesday, April 3, 2013, by Tom Acitelli
    City BOSTON TOP STORIES Search Curbed Boston DEBUTS PRICECHOPPER CONSTRUCTION WATCH Meet 740 Tremont, the South One of Boston's Biggest Dining Sausage Parcel Back on the End's Old New Hope Church Rooms Really Wants Guests Grill! 399 Congress as Apartments BATES BY THE NUMBERS SIGN UP FOR OUR NEWSLETTER Boston Real Estate's Field of Dreams Your email here GO Wednesday, April 3, 2013, by Tom Acitelli Here is the latest installment of Bates By the Numbers, a weekly feature by Boston REAL ESTATE LISTINGS broker David Bates that drills down into the Hub's housing market to uncover those trends you would not otherwise see. This week, he gets an idea from baseball's Opening Day. (Last week, he deep-dove into the region's ultra- luxury market and came up with mind-blowing stats.) 160-164 CANAL STREET 205 PORTLAND STREET CURBED'S GUIDE TO 239 CAUSEWAY BUYING AND RENTING 98 NORTH WASHINGTON Curbed University delivers STREET insider tips and non-boring advice on how to buy or rent a house or apartment. BATES BY THE NUMBERS BULFINCH TRIANGLE Curbed’s Guide to Buying in Boston Big Questions—and Answers!—on Buying FENWAY TRIANGLE Here’s the Lowdown on Mortgages MILLENNIUM PLACE Look Out for Listings Red Flags MILLENNIUM TOWER Closing the Deal NORTHPOINT Curbed’s Guide to Renting in Boston Curbed’s Guide to Neighborhoods in Boston PARCEL 15 COMMENTS PIER 4 Like 4 [Photo by Jonathan Berk] PORTSIDE AT PIER ONE FOLLOW CURBED BOSTON If I was going to field a Boston real estate team this spring, I would probably have Bruce Percelay of the Mount Vernon Company hit in the lead-off SEAPORT DISTRICT position.
    [Show full text]
  • 350 Boylston Street
    Project Notification Form 350 BOYLSTON STREET Submitted to: BOSTON REDEVELOPMENT AUTHORITY City Hall Square, 9th Floor Boston, MA 02201 Submitted by: THE DRUKER COMPANY, LTD. 50 Federal Street Boston, MA 02110 December 18, 2007 Project Notification Form 350 Boylston Street Submitted to: BOSTON REDEVELOPMENT AUTHORITY One City Hall Square Boston, MA 02201 Submitted by: THE DRUKER COMPANY, LTD. Prepared by: In Association with: EPSILON ASSOCIATES, INC. Pelli Clarke Pelli Architects 3 Clock Tower Place CBT Architects, Inc. Suite 250 Goulston & Storrs, P.C. Maynard, MA 01754 Vanasse Hangen Brustlin, Inc. Haley & Aldrich, Inc. Nitsch Engineering, Inc. Weidlinger Associates, Inc. Cosentini Associates, Inc. Moriarty & Associates December 18, 2007 TABLE OF CONTENTS PAGE 1.0 SUMMARY 1-1 1.1 Project Identification 1-1 1.2 Project Summary 1-3 1.2.1 Project Site 1-3 1.2.2 Proposed Development 1-3 1.2.3 Design Objectives 1-3 1.2.4 Public Review 1-7 1.2.5 Public Benefits 1-7 1.3 Consistency with Zoning 1-8 1.4 Legal Information 1-9 1.4.1 Legal Judgments Adverse to the Proposed Project 1-9 1.4.2 History of Tax Arrears on Property 1-9 1.4.3 Evidence of Site Control/Nature of Public Easements 1-9 1.5 Public Agencies 1-9 2.0 PROJECT DESCRIPTION 2-1 2.1 Existing Site 2-1 2.2 Proposed Development Program 2-1 2.2.1 Building Program 2-1 2.2.2 Approximate Dimensions 2-1 2.3 Determination of Alternative Considered / Project History 2-2 2.4 Schedule 2-2 3.0 ASSESSMENT OF DEVELOPMENT REVIEW COMPONENTS 3-1 3.1 Transportation 3-1 3.1.1 Introduction 3-1 3.2 Environmental Protection 3-4 3.2.1 Wind 3-4 3.2.2 Shadow 3-4 3.2.3 Daylight 3-5 3.2.4 Solar Glare 3-5 3.2.5 Air Quality 3-5 3.2.6 Stormwater/Water Quality 3-5 3.2.7 Flood Hazard Zones/Wetlands 3-6 3.2.8 Geotechnical/Groundwater 3-6 3.2.8.1 Existing Site Conditions 3-6 3.2.8.2 Subsurface Soil and Bedrock Conditions 3-6 3.2.8.3 Groundwater 3-7 3.2.8.4 Proposed Foundation Construction 3-8 2099/PNF/350 Boylston Street Page i Table of Contents Epsilon Associates, Inc.
    [Show full text]
  • Boston New Construction & Proposed Multifamily Projects 3Q17
    Boston New Construction & Proposed Multifamily Projects 3Q17 ID PROPERTY UNITS 220 145 Thorndike Street 150 1 Elevation 492 221 Mercier 50 2 Balsam Place 192 222 Pleasant Street 100 4 Cirrus 398 223 113 Boston Post Road 60 6 Village at Clark Brook, The 144 224 Weston Quarry 345 11 Westerly, The 280 225 1205 Worcester 164 231 12 Paddock Estates at Boxborough 244 226 Concord Street & Kendall Street 196 17 Island Creek Village Phase III 120 227 Fabric Place Redevelopment 200 6 18 Veridian, The 95 228 Mount Wayte Plaza 240 19 Residences at Colcord Pond, The 91 229 70 Sprague Street 521 230 20 Counting House Lofts 71 75 230 Tri City Road & High Street 144 21 Residences at Joan's Farm, The 96 231 Apple Ridge 102 232 Pleasant Street 256 118 22 Edge Merrimack River 156 233 Bridge Street Waterfront Phase II - IV 522 25 Webster Village 76 234 Lexington Manor 97 26 Wallace Farm 240 235 Wayfarer Property 133 27 Modera Hopkinton 280 Orient Heights Redevelopment Phases Total Lease-Up 2,979 243 II - IV 253 56 31 Nova Residences of Quincy 171 244 Commons at Weiss Farm, The 264 35 Washington Mills Phase II 198 18 245 Ledges at Woburn 168 43 Avalon at the Hingham Shipyard 246 341 2nd Avenue 195 41 Phase II 190 43 River’s Edge Phase III 56 250 Devine School Redevelopment 92 19 251 230 Beal Street 300 235 46 Residences at Riverfront Landing 228 252 Bartlett Fields 234 123 26 47 Tremont at Third Avenue, The 115 253 Lodge at Andover 248 Phase II 120 51 Residences at Great Pond, The 234 254 39 Grant Street 79 52 Landing 53 172 255 Modera Marshfield 270 124 53
    [Show full text]
  • Census Data: Roslindale Saw Population Decline - Roslindale - Your Town - Boston.Com
    Census data: Roslindale saw population decline - Roslindale - Your Town - Boston.com YOUR TOWN (MORE TOWNS / MORE BOSTON NEIGHBORHOODS) Preferences | Log out Roslindale 48° traffic transit home news events discussions search < Back to front page Text size – + Connect to Your Town Roslindale on Facebook Like You like Your Town Roslindale. · Admin Page · Insights · Error ROSLINDALE Confirm You and 87 others like this 87 likes Sign Up to see Census data: Roslindale saw ADVERTISEMENT population decline Posted by Matt Rocheleau April 6, 2011 11:00 AM E-mail | Print | Comments (1) By Matt Rocheleau, Town Correspondent Roslindale experienced the highest rate of population decline among Boston’s neighborhoods over the past decade, according to Census data recently released by the city. Between 2000-2010, Roslindale lost 1,671 NEIGHBORHOOD residents, or 5.5 percent, leaving the NUMBERS neighborhood with 28,680 residents, according to figures the Boston Redevelopment Authority Select a neighborhood below from compiled from US Census data. Roslindale was the dropdown to see a breakdown one of four city neighborhoods that saw an of Census statistics. ROSLINDALE REAL ESTATE overall drop in population. Select a neighborhood Roslindale’s white population fell by 3,229 119 11 20 0 RELATED STORIES residents, or 19.4 percent from a decade ago. Homes Rentals Open houses New listings for sale available this week this week Allston population spiked 14 In 2000, whites made up 54.8 percent of the percent over past decade neighborhood. Last year, it was 46.7 percent. African Americans now outnumber whites in Hyde Park Meanwhile, the Hispanic/Latino group SPECIAL ADVERTISING DIRECTORY Back Bay population rose less than one percent from 2000 increased by 1,107 residents, or 17.6 percent; CAMP GUIDE » Beacon Hill population rose 3.5 and the black/African American population percent from 2000 grew by 815 residents, or 15.1 percent.
    [Show full text]