For the first time in a generation, the suburbs are hot and the downtown Boston condo market is not, with unsold units piling up and the median sale price dropping. Is it simple caution caused by economic upheaval, or something more?
Living in vibrant bustling cities affords many of us a 24/7 lifestyle filled with entertainment, sports, dining and shopping. City living also means traffic, public transportation and people just enjoying an active lifestyle.
In a time of quarantine, downtowners become envious of those with backyards and uncrowded streets. And so, people ask, will the “new normal” include forsaking cities like Boston to move back to the ‘burbs?
The stakes are high for developers who are wrestling with how to make high-density urban living attractive to potential buyers and tenants, amid lingering questions about the length of the pandemic and its effects on the housing market.
For the most part, underlying confidence in the Boston-area housing market remains strong, area real estate agents say.
Making predictions can be a lot of fun. And as we head into the first week of 2020, what better time to look ahead?
Construction of a long-delayed luxury condo project at 55 India St. in Boston could begin next spring following the Greenway-facing development site’s acquisition this week by Boston Residential Group.
Developers of two new condo projects in South End and Jamaica Plain have announced prices and begun presales in preparation for their completion in 2020.
While developers of new office towers are betting on no recession, or a very shallow one, apartment and condo builders are clearly looking at the future a bit more warily. Both sides can’t be right here.
A financially risky partnership to build an $800-million condo tower above the Massachusetts Turnpike collapsed because of a Boston developer’s “gross mismanagement” and “brinksmanship,” construction giant Suffolk claims in a lawsuit.
Back Bay’s latest luxury tower began construction – or, rather, demolition – yesterday, with a ceremony at 40 Trinity Place in Boston, the current site of the former Boston Common Hotel and Conference Center.
Resilient designs and skyline views are attracting the first wave of residents to the 478-unit Clippership Wharf condominium and apartment complex in East Boston.
A waterfront sales center at 250 Northern Ave. is showing off the available finishes and vistas at the future St. Regis Residences, Boston condominium tower which is scheduled to open in 2021 in the Seaport District.
Presales and leasing for 368 apartments and 55 condos will begin in January at Bulfinch Crossing’s 46-story residential tower.
