Brookline Brownstone Sold for Residential Conversion
A longtime Brookline office building marketed for a potential residential conversion was acquired by a local developer for $6.2 million.
New Boston Office Conversions Include 101 Apartments
Office buildings in Downtown Crossing and the Financial District would be converted into 101 apartments under the two most recent proposals under Boston’s office-to-residential conversion program.
Downtown Boston’s Crisis Demands Collaboration
Sometimes crisis creates opportunity: a chance for the real estate industry and both city and state political leadership to come together and create a new and better economic engine room for Massachusetts.
Poised to Ride Out the CRE Cycle
Callahan Construction Managers has kept busy at a wide range of notable local development projects, but under Patrick Callahan’s leadership it’s expanded its reach from New Jersey to Maine as the larger commercial real estate industry suffers.
Owner Seeks More Height for South End Apartment Conversion
At 91 units, the proposed conversion of 95 Berkeley St. in the South End will be the second-biggest to date.
Boston Looks to ‘Skyline’ for Help
Changes designed to attract more developers and commercial tenants to downtown Boston and avoid a looming fiscal chasm tied to declining office occupancy are moving closer to the finish line.
Related Beal Picked to Develop Roxbury, Marine Park Projects
Developer Related Beal received approval to move forward with projects on city-owned properties in South Boston and Roxbury that could include more than 400 housing units and nearly 320,000 square feet of lab space.
Another Option for Vacant Office Buildings
New hotel construction has slowed to a crawl in Boston since COVID but a new source of room supply is emerging in conversions spurred by the city’s struggling office market.
Developer Proposes 51 Apartments in Office Conversions
Vacant office buildings in South End and the Bulfinch Triangle are joining the queue of planned housing conversions taking advantage of Boston’s offer of tax breaks.
Bulfinch Triangle Offices Sold for Potential Residential Conversion
The new owner of a Bulfinch Triangle office building is considering options including a residential conversion after acquiring it for a 63 percent discount from its previous sale in 2018.
Rockland Trust Finances Downtown Office Conversion
A Boston developer will use $5.1 million in financing from Rockland Trust to convert a Financial District office building into 15 apartments.
Latest Developer Submits Housing Plan for Downtown Crossing Offices
A vacant office building steps from Boston Common would be converted into 22 apartments under the latest proposal submitted in the city’s new office-to-residential conversion pilot program.
Developer Submits Plans for Downtown Office Conversion
A Financial District office building is the first property to seek approval under Boston’s new residential conversion program offering property tax breaks to developers.
Biden Administration Announces Office-to-Residential Incentives
The Biden administration is launching a multi-agency effort to encourage states and cities to convert more empty office buildings into housing units, with billions of federal dollars available to help spur such transitions.
Boston Office Vacancies Crept Higher in Q2
As Boston prepares to offer incentives for office-to-residential conversions, a new report confirmed still-rising vacancies in the city’s office stock.
Wu Offers Big Tax Breaks for Housing Conversions
Owners of downtown Boston office buildings will get a chance to receive tax breaks for residential conversions, provided that the projects meet the city’s affordability and clean energy goals.
Office-to-Apartments Swap Proposed in West Roxbury
Owners of a West Roxbury office building released details on their planned redevelopment of the VFW Parkway property as a 55-unit apartment complex.
Boston Office Landlord: Public Help Necessary for Conversions
A major Boston office landlord is firmly slamming the lid on the idea that residential conversions of its assets in the city’s downtown are possible right now.
Seize the Moment for Office-to-Residential Conversions
With the discount end of the office market shuddering, it’s time for Boston Mayor Michelle Wu and Gov. Charlie Baker to be as aggressive as possible in encouraging office-to-housing conversions downtown.
Decision Time for Boston’s Office Landlords
As remote and hybrid work entrench themselves, Boston’s class B office market looks like potentially fertile ground for conversion into thousands of new housing units.
