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Here’s How Much Of Their Income Mass. Residents Have To Fork Over For Their Mortgage, By City

Here’s How Much Of Their Income Mass. Residents Have To Fork Over For Their Mortgage, By City

Kaitlyn Locke/WGBH News Housing costs are spiking in the Greater Boston area — but not equally in every city and town. If you get the feeling that housing costs are skyrocketing in Greater Boston, it is not your imagination. The median house price in Massachusetts jumped 41% between the post-financial crash low of 2009, when the median price was $331,417, to today, when it’s $467,333. But here’s what’s really surprising: The median house price in Greater Boston is even higher than the median home price in the New York metropolitan area, and has been since 2013. It’s not the […]

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Real Estate

Here’s what you need to know about Boston-area development this week

Here’s what you need to know about Boston-area development this week

Welcome to Critical Mass., a weekly roundup of the most notable development news in the Boston area. This week’s includes new life sciences projects, a reimagined landmark in Fenway, and a new tower for Chinatown. Rendering via US2 The Somerville Planning Board has approved a a 175,000-sqauare-foot lab building at Somerville Avenue and Prospect Street. It’s a major part of the eventual 2.4 million-square-foot buildout of a 15.7-acre footprint in the Union Square area. Speaking of life sciences-slash-lab buildings, Manhattan-based developer Tishman Speyer is co-launching a venture to build real estate for drugmakers. And the venture’s first project will […]

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Real Estate

Renting in Boston: What will $2,100 get you?

Renting in Boston: What will $2,100 get you?

Curious just how far your dollar goes in Boston? We’ve rounded up the latest rental offerings via rental sites Zumper and Apartment Guide to get a sense of what to expect when it comes to scoring housing in Boston if you’re on a budget of $2,100/month. Read on for the listings. (Note: prices and availability are subject to change.) Hoodline offers data-driven analysis of local happenings and trends across cities. Links included in this article may earn Hoodline a commission on clicks and transactions. 126 Border St. (East Boston) Listed at $2,001/month, this 426-square-foot studio apartment is located at […]

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Real Estate

Boston’s median one-bedroom rent up nearly 6 percent annually in July, report says

Boston’s median one-bedroom rent up nearly 6 percent annually in July, report says

Shutterstock The median rent for a Boston one-bedroom was up 5.6 percent in July, to $2,450 a month, compared with the same time last year. The city’s median two-bedroom rent was up 3.3 percent over the same period. That is according to a new analysis of median rents in 16 Boston-area cities and towns from real estate research and listings site Zumper. The analysis tracked vacant and available apartments on Zumper’s database as of the start of July. Like other recent reports , it shows an especially expensive regional core. Cambridge is the most expensive municipality among the 16 […]

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Real Estate

Boston group plans 24-story senior living tower in Center City

Boston group plans 24-story senior living tower in Center City

Photo courtesy Benchmark A 24-story luxury tower is coming to Center City, catering exclusively to the “baby boomer” community. Preliminary plans for the tower, which will go up at 12th and Sansom, were released last week by developers Benchmark Wellness Management. The Boston-based group, which is collaborating with Brickstone on the project, aims to develop residential buildings for people over 62-years-old, according to a statement from the group. This is their first project. The building will have 220 luxury apartments ranging from 800 to 1,400 square feet. Building amenities focus on a “wellness lifestyle” with a spa, salon, barbershop, […]

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Real Estate

Charlestown’s 6 must-visit sites

Charlestown’s 6 must-visit sites

Shutterstock Europeans began settling Charlestown nearly four centuries ago and it was an independent municipality until 1874 , when Boston gobbled it. It is therefore one of that city’s more historic neighborhoods, with a past steeped in revolution. Here are its six must-visit sites. Shutterstock The monument and its surrounding park commemorate the first major battle of the Revolutionary War on June 17, 1775. It was technically a British win, though the steadfastness of American soldiers signaled a longer conflict to come. The 221-foot obelisk—with a statue of American commander William Prescott in front—dates from 1842 and its interior […]

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Real Estate

12 must-see open houses in Greater Boston this weekend (June 29-30)

12 must-see open houses in Greater Boston this weekend (June 29-30)

47 Triton Way in Mashpee has 5 bedrooms, 5 full baths, 1 half bath, and is listed for $1,195,000. If remodeling your current home isn’t in your plans, there are plenty of homes for sale in Greater Boston you can check out this weekend. From a renovated Malden single-family for $445,000 to a waterfront property in Barnstable for $1,550,000, there’s a wide variety of open houses scheduled. Check them out: Under $500,000 1209 Pleasant St., Canton Previous 1 of 10 Next via MLS $459,000 2 bedrooms, 1 full bath 1,256 square feet 0.62-acre lot Open house: Saturday, June 29, […]

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Real Estate

Boston to get first Citizen M hotel

Boston to get first Citizen M hotel

Boston Skyline at night Dutch hotel chain Citizen M will bring its first “affordable smart luxury hotel” to Boston later this summer. Curbed Boston reports that the group will open its third US hotel in Boston on August 5. The 272-room hotel will be located above the city’s North Station train depot and adjacent to TD Garden, home of the Boston Bruins and Boston Celtics. The property will feature several public areas, including a book-filled “living room” with 24-hour food service and an outdoor terrace. Guests can check in via self-service kiosks and control lights, shades, and other in-room […]

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Real Estate

The Best Ways To Uncover Boston’s Artsy Side

The Best Ways To Uncover Boston’s Artsy Side

Matt Teuten Boston might come across as your conservative older sibling, but that’s just because you haven’t gotten to know it yet. Sure, there are its obvious charms — history, architecture, and seafood — but if it’s the authentic and adventurous you seek, it’s time to dig deeper. Beneath Boston’s Brahmin exterior you’ll find a creative, forward-looking metropolis full of art, music, and immersive experiences (plus secret shows in hotel lobbies, but more on that later). Turns out, the still waters of the Charles River still run pretty deep. The mansion-turned-museum is its own singular attraction, but if limited […]

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Real Estate

Roadwork is ramping up in and around Boston. Here are 8 projects to look out for.

Roadwork is ramping up in and around Boston. Here are 8 projects to look out for.

–Aram Boghosian for The Boston Globe, File Summer months come with beach days, barbecues, and some not-so-welcome things like roadwork. For commuters who just breathed a sigh of relief with the conclusion of winter weather and driving in it, there’s now a variety of road projects to contend with. That being said, much of the work for what are thought to be the most disruptive projects won’t be going on during peak hours. Here’s a list of those projects, and when work on them is happening, according to the Massachusetts Department of Transportation: Rehabilitation of the Tobin Bridge and […]

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