The proposed tower is just the latest project to hit Downtown Crossing, which fell on hard times a few years ago with the loss of Filene’s Basement and other long-time retailers, but is now on the rebound with a surge in luxury apartment and condo A Boston-based real estate investment lenders regain confidence in high-end apartment projects. In May, Vornado Realty Trust said about a third of the 118 units at 220 Central Park South, a 900-foot luxury tower it is building, are in contract after BOSTON--Boston’s South End is cited nationwide as a textbook example of gentrification, and the city’s Chinatown neighborhood is struggling for its very Chinese-ness as luxury towers proliferate affordable apartment in one of the six JP Scattered A Boston law requiring developers to make room for moderate-income residents in new condominium and apartment buildings “does virtually programs can “harness this new growth in luxury housing to build in some affordability for the broad middle EASTHAMPTON — Those who have seen the transformation of the former Parsons Street School from schoolhouse to luxury apartment building say the 113 five to ten times the price” in New York or Boston, Perrier said. The Easthampton penthouse comes She’s somewhat less pleased with the new luxury apartment building at 100 Pier 4 As she tries to coax public benefits from private entities in that gritty town, Boston will be her model. Li remembers the skepticism when she first pitched public .
Three years ago, Cardinal Sean O’Malley designated the Holy Trinity Church in the South End for secular purposes – in official church language, “for profane but not sordid use.” That decree triggered a $7 million sale of the building to Luxury, luxury, luxury. That's the mantra in a city that affords club suites, and massage rooms. Boston's population increased 3.1%, to more than 636,000, in 2010 to 2012. But clearly not all of those people can be wealthy. Depending on who you ask Boston is one of several cities that requires some developers to set aside affordable apartments, and the Massachusetts city has handed out those units — some in new luxury high-rises — via a lottery. As it stands, Boston requires that 13 percent of BOSTON – Seaport Square master developers are moving ahead with the latest installment of the new Seaport District neighborhood, encompassing three 22-story towers with almost 900,000 square feet of luxury residential space and 125,000 square feet of retail. .
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