Submitted by 3720-To-One t3_zyf1mp in boston
Comments
aray25 t1_j26pv07 wrote
Better than a bank.
mpjjpm t1_j26qig3 wrote
Absolutely. Only 5 units, and I’m sure they will be $1M+, but I’ll take whatever housing we can get.
some1saveusnow t1_j27v30k wrote
Damnnn we’re on a fast track to be SF
WilyDreamer t1_j2a9le8 wrote
I believe Boston is currently tied with SF as highest median rent for the country.
Edit. Tied with SF for the #2 slot, NYC being #1.
dvdquikrewinder t1_j29ephc wrote
I'm not sure there's actual benefit in creating more expensive housing though when affordable housing for people in general is the real problem
mpjjpm t1_j29kefu wrote
Among many other things, the severe housing shortage is driving prices up. There is a market for $1M condos, especially is an already expensive neighborhood like Coolidge Corner. These condos mean the older condos of similar size will drop in price (or at least stop increasing so dramatically).
This type of development is perfect for that spot - small scale infill sized to the available lot. Hard for NIMBYS to oppose it.
dvdquikrewinder t1_j29n53d wrote
I'll defer to your understanding, just seems surprising that adding more luxury housing would help. You're saying there's not enough supply for it?
mpjjpm t1_j29rxl4 wrote
I’m saying the housing shortage is so bad in the area that any new housing is good. People who can afford luxury housing will buy it, and leaves an existing non-luxury building available for someone else. Luxury infill development in neighborhoods that are already established as expensive places to live will help reduce gentrification in other parts of town. If we’re going to build new luxury condos, it’s much better to have them in Coolidge Corner than in Brighton.
dvdquikrewinder t1_j29t2nh wrote
Okay I get your logic, makes sense. Thx
Omphaloskeptique t1_j25qvzi wrote
That’s a nice lot.
TrainFan t1_j26i66v wrote
"Luxury apartment for lease, $4,600/month."
LawrenceSan t1_j262uwh wrote
>That’s a nice lot.
That's a lot? It looks like a swimming pool for rats.
Omphaloskeptique t1_j265b1h wrote
Solid foundation.
Sayoria t1_j26vzzk wrote
How long has it been closed? I remember seeing this months back and was like "I should check them out one day".
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This is a shame.
ForwardBound t1_j26w900 wrote
I stood on that very floor several times--great karaoke spot.
Psirocking t1_j2964hu wrote
But they can’t demolish that eyesore on Pleasant Street 🙄
3720-To-One OP t1_j29i4dz wrote
Brookline NIMBYs gonna NIMBY 🤷♂️
bostexa t1_j29ymy8 wrote
Is the hotel+condos project not moving forward?
mpjjpm t1_j29xmor wrote
You mean the one wrapped in black mesh? It’s coming down eventually, along with the parking deck behind it. To be replaced with condos and a hotel. The most recent records I’ve seen are from April 2022, but they’re at the stage of nit-picking color selection for the building facades.
bostexa t1_j29yhrp wrote
Oh the one near Beacon St that is supposed to turn into a hotel and apartments? Yeah, it's taking a while
Buffyoh t1_j262y5v wrote
What was it before Osaka? Was this the corner building near Zaftig's Deli?
3720-To-One OP t1_j265azb wrote
It’s right next to Otto
cintyhinty t1_j2707n3 wrote
It’s been Osaka for a long time
TwistingEarth t1_j2c87u6 wrote
It was a kabbalah center.
PUsmntLISIC t1_j293s4h wrote
Didn’t Jamie Nelson drown in there?
Pointlesswonder802 t1_j29gknq wrote
Underrated comment
Mattressexual t1_j296n3k wrote
Walked by it in the morning and they were just starting. By the afternoon it was all gone.
Financial_Cancel1577 t1_j2a4qv4 wrote
Alien abduction Whole building. Straight up into the sky.
mpjjpm t1_j26k0l6 wrote
It was demolished in early November. Soon to be condos.