By Diti Kohli Globe Staff

The revival of resident neighborhoods also has to do with economics.

A storefront that goes for $90 per square foot downtown could lease for around $40 in the urban edge areas, said Whitney Gallivan of Boston Real Estate Advisors.

Rent “in the neighborhoods could be a quarter of what it is in Newbury or the Seaport,” she said. “You’re getting the charm and the foot traffic because people are home more, but for a lot less money.”

Read full article on Boston Globe

Tags: , , , , ,