Tom Acitelli | Boston Curbed
Paul McMorrow, Boston Globe op-ed columnist and CommonWealth magazine associate editor: Developers are looking outside the urban core. They’re taking advantage of the Orange Line in JP and the Red Line in Dorchester and the Fairmount Line and trying to do some big, interesting housing developments geared at regular working people. And just as importantly, the neighborhood groups—with a big push from Marty Walsh—are starting to get on board.
Lara Gordon, a broker in Cambridge and Somerville: Maybe not best, but the biggest trends seem to be (1) tall, tall and taller buildings; (2) “transit-oriented” development (read: no or very little parking); and (3) lots of amenities and concierge services. In my opinion, the best trend is the migration back to urban centers and city living.
John A. Keith, a Boston broker: The number of high-end apartment units coming online was, of course, a big story. Very positive development and one that will be repeated during each of the next several years. I’m not worried about the “over-supply” since it should be a temporary thing—as leases turn over, more renters will move from where they live now to the new buildings, and new arrivals will prefer the new buildings to the alternatives: five-story walk-ups in crumbling buildings in Back Bay, the South End and Beacon Hill. If rents have to come down from the published rates in order to appeal to renters, isn’t that a good thing? And, they’ll “come down” in the sense they’ll offer free months of rent, but in the end, they’ll still be charging more than what we’ve seen before. Read more