jdrinboston
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- Joined
- Oct 10, 2011
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Re: Residences at Kensington
On a related/unrelated note...there was a posting on Universal Hub yesterday linking to a story in the Boston Business Journal discussing the recent spate of luxury apartment construction downtown. Among those wondering if the city was building too much, too quickly was one of the big shots from Avalon Bay.
http://www.universalhub.com/2013/people-building-luxury-apartments-boston-fret-they
It's interesting to see some of the pessimism amongst the commentators below.
I chimed in later in the post, basically outlining my understanding of the rental vacancy downtown being extremely low. I would be interested in hearing others thoughts on this and whether or not we might start to see a construction slow down once these projects under construction come online.
On a related/unrelated note...there was a posting on Universal Hub yesterday linking to a story in the Boston Business Journal discussing the recent spate of luxury apartment construction downtown. Among those wondering if the city was building too much, too quickly was one of the big shots from Avalon Bay.
http://www.universalhub.com/2013/people-building-luxury-apartments-boston-fret-they
It's interesting to see some of the pessimism amongst the commentators below.
I chimed in later in the post, basically outlining my understanding of the rental vacancy downtown being extremely low. I would be interested in hearing others thoughts on this and whether or not we might start to see a construction slow down once these projects under construction come online.