Recent content by John0101

Have anybody seen the building details yet? (i.e. traffic impact, shadows, noise impact, building time-frame, etc.) I bet the developers released the pie in the sky plans so they can create hype for the lot, specially with all the development around the area, so they can try to sell off the lot...

Anybody know if this is still a go? I drove by and noticed that this is still a work in progress.

Was in the area this afternoon and the site was empty and quiet.

Walked by at around 1pm to get some lunch, and there were no workers on the site.

Why would they reduce the height if the units were condos? I'm trying to figure out the economics... The project was reduce by: ~100,000 sqft ~$80,000,000 construction cost ~66 units The math works out to roughly $800/sqft for 66 1515sqft units, add in lets say $100/sqft for interest on loans...

I drove by the construction site today, at around 8pm, and the site was so busy, looks like they were pouring concrete.

@stoweker Thanks for the market color.

Thanks for the thoughts / insights. How do you think the underwriting landscape would look if there was an exodus from CBDs but if we return to the low interest rate & search for yield environment? More senior debt on capital stack? Increase use of mezzanine? See move of stabilized core+ and...

Thanks for your thoughts. So far Boston's knowledge industry seems to be holding up (i.e. the pharma, tech, and fin services companies), so why do you think absorption for the new developments (NEMA, waterside, etc.) will be so lackluster without major job losses / corporate exodus from seaport...

https://www.bldup.com/projects/60-cross-street-east-somerville-young-construction Does anybody know what happened to 60 Crossing Street, right next to the Stop and Shop and across from Assembly Row? Construction pretty much stopped for a few weeks or so.

Great video! Your voice was made for media. Keep up the good work!

Re: Millennium Tower (Filene's) | 426 Washington Street | Downtown KentXie, amazing pics!

^ yea the floors are vinyl. They scratch easy and are replaced easily. The last place I was at had engineered hardwood and scratched pretty easily as well.

Just wanted to provide some updates on the building as a resident. The overall quality of construction doesn't seem great. - The parking garage, p3, experienced leaking and they had to closed down an entire section - The apartment below mine experienced constant water leakage - The elevators...

^ good info cca How do you think this wood construction will impact the resale of these assets on the secondary market? Should these trade at a lower $/sqft due to higher risk and larger deferred maintenance cost?