The city had a rare opportunity to build a new neighborhood for all Bostonians. Instead it built the Seaport.
A brand new Boston, even whiter than the old.
Imagine a fresh start — a chance for Boston to build a new urban neighborhood of the future, untouched by the bigotry of the past.
And what happened? One of the city’s whitest neighborhoods was born.
How white? This white: Lenders have issued only three residential mortgages to black buyers in the Seaport’s main census tracts, out of 660 in the past decade. The population is 3 percent black and 89 percent white with a median household income of nearly $133,000, the highest of any Boston ZIP code, according to recent US census estimates.
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Another explanation for the Seaport’s lack of diversity is economic. Condominium and apartment prices are sky high. Blame expensive land, high labor costs, new construction, often breathtaking city and water views, and the proximity to Logan International Airport, which imposes strict limitsblocking construction of taller buildings in the Seaport that could pack in more units.