As foot traffic downtown plateaus in the wake of the pandemic, owners of empty storefronts are thinking about ways to reinvent their space. By Diti Kohli Globe Staff,Updated April 30, 2023 Since February, Lee Morgan and Patrick Brewster have been serving canapés and cucumber sandwiches in a meticulously decorated storefront on Tremont Street. The Silver […]
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03Mar
Boston’s residential neighborhoods are thriving, while downtown struggles
Boston Commercial Real EstateBy 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 […]
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24Jan
Why ‘how downtown Boston is recovering’ depends on which downtown you’re talking about
Boston Commercial Real EstateBack Bay, the Seaport, and the Financial District are taking divergent tracks as the pandemic eases, depending largely on how reliant they are on office workers. By Janelle Nanos and Catherine Carlock Boston Globe Staff Since the start of the pandemic, there have been lots of questions about the future of downtown Boston. But three […]
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