stick n move
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Definitely a nice little tower here.
wow for new build this thing is selling cheap on a PSF basis, which i guess makes sense tucked away a little bit. being across the street from the private army at the front of the strip clubs probably makes this the safest pocket in downtown too.
Strangely, parking lots are still treated somewhat like a public good and regressive laws are in place to maintain subsidy status for a lucky few. Even when developers offer dump trucks full of 20s, certain parking lot owners still won't sell because of their predictable quasi-subsidized cashflow. Aside from fiscal obstinance or laziness, the only reason I can think of why some parking lots haven't been developed is because they're covering up literal skeletons! But this seems like a subject for another thread.Also, the carrying cost for this parcel--which as a surface parking lot, recall--would've been ludicrously low, for eons. It looks like the taxes were around $30k a year for a long time, based on the assessed value having hovered at $1.2 million for a while. And when you're a surface parking lot, what other expenses do you incur, other than the labor for ensuring the attendant shack is staffed? Utilities ain't much for that kind of use!
The location - if you don't mind the specific street it's on - is also phenomenal. 300 feet to the Common, a minute walk to Boylston and Chinatown stations. I see the appeal!
The latter.Do you pronounce the street as "La Gra-hange" or La Grain-ge? The street was a grungy place for a long time but has been somewhat cleaned up and more traffic from residential does appear to make it a little safer. Bonus-there are bouncers at the Washington side for most of the night so... some built in security??
The latter. Rhymes with range.
The location - if you don't mind the specific street it's on - is also phenomenal. 300 feet to the Common, a minute walk to Boylston and Chinatown stations. I see the appeal!
If you walk by, you'll see it gets a shocking amount of light tooThe buildings on the backside of this are only around 6 floors high and theres a direct sight line to the common and downtown. The west side is blocked mostly but the upper 5/6 floors have a sightline towards back bay. The front has a building across the street but the right corner has a view of the south end and the left side has a view down stuart st. Not too bad.