Policymakers in Boston could be facing a catch-22 while pursuing a pair of popular but potentially contradictory goals: encouraging developers to build more residential condominiums while requiring a higher percentage of income-restricted units.
The developer behind a project planned for Boston’s most southerly neighborhood is asking city officials for permission to convert the project from a mix of condominiums and rental units to fully rental units.
A developer that specializes in adaptive reuse projects has acquired the Eastern Bakers Restaurant Supply property on the outskirts of Boston’s North End for $10.5 million.
