Housing in Boston, as in many major U.S. cities, has become increasingly expensive and has made it challenging for middle-class workers to afford to live near their jobs. The affordable housing crisis dominated the discussion at Bisnow’s Multifamily Annual Conference New England, held last week at the Westin Copley Place, where city leaders and developers proposed a series […]
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Boston Developers, Officials See More Supply As A Remedy For The Affordable Housing Crisis
New DevelopmentsA prime acre in Weston’s downtown area is hitting the market. The First Church of Christ, Scientist, is selling its acre property at 439 Boston Post Road as it consolidates operations with other nearby Christian Science churches. Boston Realty Advisors is marketing the Weston property as a redevelopment opportunity. The area is zoned for offices […]
Read MoreVacancies are low and the construction pipeline is deep this summer in Boston. Business demand focused on urban Boston continues to fuel a prolonged positive cycle. There was 1.5M SF of net tenant commitments in Q2, launching a combined 3.6M SF of office and lab construction for tenants like Amazon, MassMutual, Sanofi and State Street. […]
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