Waterside Place 1A | 505 Congress Street | Seaport

Re: Waterside Place

Why aren't there any more pictures of this beautiful building?
 
Re: Waterside Place

*fart*

Did someone say something?
 
Re: Waterside Place

Wow. It's like they were going to cover it in glass, thought they'd conserve some cash, but decided to just put in a small strip of glass to save face.
 
Re: Waterside Place

OMG... the glass is beautiful. The building would have been amazing if they had just wrapped it in that glass.
 
Re: Waterside Place

I mean, they even kept the window pattern the same as the precast configuration. The VE-ing is so rank and it's like the glass strip is in there just for mockery.
 
Re: Waterside Place

With the Manulife/John Hancock beauty next door, it should have been wrapped in glass! Now, next to Beauty, the ugliness of the Beast is even more glaring in spite of the fact that the glass on the Beast abuts Beauty! Give me a glass curtain wall anyday!
 
Re: Waterside Place

timsox6 said:
Today:
Click to expand...

Looks as though they stole the "visor" from Saftie's Marina Bay Sands in Singapore

picture.php


The right place for the Visor is on the ICA so that when RedBull arrives with the Cliff Diving -- they don't need to install a divingboard

swimday.jpg
 
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Re: Waterside Place

If only that glass covered the whole thing this would have been nice.
 
Re: Waterside Place

Totally. This thing would at least be visually interesting (as a giant mirror) if it were all glass.

It's really irredeemably atrocious as is.

Much appreciated (as always) for the photos, kz.
 
Re: Waterside Place

I'll go as far as to say that I am only offended now by one side of this building. The side with glass actually looks OK. Hopefully there is a building going up very soon on the west parcel to completely block that white side.
 
Re: Waterside Place

Must have been the lighting in the area yesterday, but it didn't look white at all. Never have I wished something else in this area was beige, but it looks so much better.

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Not good, just better.
 
Re: Waterside Place | 505 Congress Street | Seaport

Oct 21, 2013, 1:55pm EDT Updated: Oct 22, 2013, 8:16am EDT
Apartment rates plummet in Boston's Seaport as new supply hits the market

Competition from new apartments in the Seaport District like Waterside Place are keeping a lid on rents.
Thomas Grillo
Real Estate Editor-
Boston Business Journal

Apartment rents in Boston’s Seaport District fell by nearly 9 percent in the third quarter as competition from a pair of new towers is putting downward pressure on prices, according to a new report from CoStar Group.

Researchers say the dip in rents stems from leasing that is underway for nearly 450 apartments in two Seaport apartment buildings, including the Drew Co.’s 236-unit Waterside Place and 315 on A, another Seaport property featuring 202 units being built by Gerding Edlen.

“The threat of the newer buildings coming to the Seaport was enough that landlords wanted to have lower rents there to maintain their tenant base,” said Mark Hickey, a real estate economist at CoStar.

After scorching rent hikes in recent years that saw year-over-year increases as high as 12 percent, growth fell to a more modest 1.9 percent in the third quarter, according to CoStar Group. In Seaport, average rents fell to $1,952 in the third quarter, down from $2,136 for the same period in 2012.

In the West End, Beacon Hill, North End and Charlestown — neighborhoods that are grouped together in the report — average rents slipped to $2,133 in the third quarter, down from $2,256 a year ago. Back Bay and South End rents dropped slightly to $2,539 in the third quarter from $2,599 last year. Rents were flat in the Fenway at about $2,113.

“It’s clear that landlords pushed rents as much as they could, but tenants are maxed out and rent growth is now similar to people’s growth in incomes,” Hickey said.

The city’s highest rent levels were in Chinatown and the Financial District, where the average rent was $2,961.

“The high rents there are due to the fact the almost all the buildings in those two submarkets are new — less than 20 years old — and landlords are charging a premium because of it,” Hickey said.

Boston's apartment vacancy rate has remained between 2 percent and 3 percent since 2011, according to CoStar.
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If they only allowed builders to build in the past. Rents would be alot cheaper.

http://www.bizjournals.com/boston/r...ment-rent-growth-cooling-in-hub.html?page=all
 
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