I agree that this building appears to have been completed in 2021, and it looks like it popped up recently because of a Notice of Project Alteration that was just filed with the BPDA (below). Apparently the owner is trying to pivot from condos to rentals, including the affordable units. Not sure I've seen something like this so late in the game. I find it hard to believe that not a single new construction condo could be sold in this part of Allston...were they priced at some absurd level that fell victim to interest rates? The first sentence in the filing below raises more questions than it answers...
bpda.app.box.com
Proposed Alteration
Babak Veyssi has developed several mixed-use projects in Allston-Brighton and has earned
a reputation in the community and beyond for honesty and integrity. In fact, despite the pandemic
and the historic rise in construction costs, Mr. Veyssi still constructed the Project, which provides
desperately needed housing (including 4 IDP units). However, due to the increased costs of
construction, and other changes in the market, Mr. Veyssi has had to maintain ownership of all of
the units in the condominium. Accordingly, he now proposes to change the units from ownership
to rental units. No other aspects of the Project are proposed to be altered.
Throughout the approval process, Mr. Veyssi repeatedly advised the community and the
BPDA that while he intended to sell the units he may have to rent them if market conditions
changed, which unfortunately they have dramatically in the past six years