odurandina
Senior Member
- Joined
- Dec 1, 2015
- Messages
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I can't see why anyone thought this was going anywhere. It was Belkin.
It was Henry.
I can't see why anyone thought this was going anywhere. It was Belkin.
It was Henry.
It was Henry.
Scape recently filed plans with the city for its first building, a 15-story, 553-bed complex on Boylston Street near Fenway Park. On Friday, it closed on the $39 million purchase of the Trans National Building next to the Massachusetts Turnpike and across from the Fens parkland, according to county deed records. And on the opposite side of Fenway Park from the first two, Scape has an agreement with Boston Children’s Hospital to acquire a 1.1-acre parking lot off of Beacon Street, according to people in the real estate industry with knowledge of the deal.
No!!!, IT's Belkin. He has never pulled off any of his pipe dreams.
Have nimby’s been slumbering?
Have nimby’s been slumbering?
The pitchforks were kept in the barn when blocks of new residential went up earlier this decade, but now, egad, these future hordes of sybaritic, drunken students living off campus will drive down property values. Aux armes, citoyens!! To the barricades!!
Banker and Tradesman tweet (which is cryptic and any useful information is locked behind B&T's corporately-priced paywall) suggests this parcel has sold to Scape (the student housing people behind last week's Boylston project) and that presumably this proposal is fully dead.
Confirmation: https://www.bldup.com/posts/scape-acquires-fenway-property-for-39-million
Affordable unit prices are set based on city-wide data, so the median HH of a 1 income household is $79,350. More here: http://www.bostonplans.org/housing/income,-asset,-and-price-limitsMedian household income for Fenway-Kenmore is $41k, so units built for those making 80-120% of median income will have to be very reasonably priced to meet this stipulation, no? Even at the high end, I fail to see how a household earning $49k/yr could afford anything above the smallest of studios.