Economy hotel could replace small Downtown Crossing parking lot
The owner of the parking lot at 17 West St. in Downtown Crossing has filed plans to build a 15-story, 94-room hotel on the less than 1/10th acre parcel.
In his filing with the BPDA, lot owner Paul Roif says he would also build a raised pedestrian crossing at West and Washington streets to protect pedestrians by forcing drivers turning onto West to slow down.
Raised crossings at the start of a block also help provide a visual queue for vehicles that are enteringa slow speed street and to expect pedestrian activity.
Roiff says the hotel would provide "much economy hotel space" for downtown.
The hotel, located near stops on three of the T's four subway lines, would have no parking but would have racks for 12 bicycles - split between employees and visitors. The hotel would not have a restaurant.
Roiff hopes to begin two years of construction in the summer or fall of 2024.
17-23 West St. filings and meeting schedule.
View from Tremont Street:
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to see our historic parking lots disappearing.
George Wahington and Ben
George Wahington and Ben Franklin parked there.
Times Square 1980s vibe
Times Square 1980s vibe
Except it has a door.
Hey! That's a historic parking lot! How dare we propose something to house people and not cars? (I guess housing housing would be fine, but if the market for new hotels is there, then, great?)
2022 parking rates: $36/day
(earlier streetviews too blurry)
Also … we don't tax parking, so whoever has owned this has charged a lot for parking and the city hasn't seen a penny of it. Most cities have anywhere from 15 to 50% parking taxes!
We do charge property tax, so
We do charge property tax, so the owner has been paying that tiger
Oh my heavens
Yes, that's true. They pay $24.98 per $1000 of valuation, and that parcel, since it's unimproved, is assessed for $699,000. That generates $17,000 in property tax per year, give or take.
If they can park 20 cars there per day for $35 per car 250 days per year, and for $25 per car on weekends it brings in about a quarter million dollars per year, so they pay about 7% of revenue in property tax.
Basically every other city gets more, and has property tax, too.
San Francisco 25%
NYC 18.375% (10.375% for residential parking)
I suspect the comment about taxes on an empty lot...
Was cynically done so you would spend even more time googling.
The city gets property tax.
The city gets property tax.
The city doesn't get money from a lot of transactions that go on within its borders, and parking is just a small piece of that. We don't tax most intangible services, just the purchase of physical goods. And that money goes to the state and MBTA, with the exception of a fraction of the hotel and restaurant taxes which goes to the city.
The City received the princely sum of $8,779.54
for the 2023 Fiscal Year ending June 30. That means the poor owner paid about two weeks of gross income in real estate taxes. At least with a relatively affordable hotel, the next time the anarchists descend on Boston to burn and pillage, they might have a place to stay.
not the only untaxed transaction in Boston
How much money does the city make from residential rents being paid? Toothpaste being sold at CVS? The hundreds of millions of dollars that hedge funds and fancy law firms bleed from the people who provide actual value to society?
94 hotel rooms on a 2789 sqft
94 hotel rooms on a 2789 sqft lot and a floor area ratio of 8.0? This city can use some affordable hotel options and Downtown Crossing is the right place for it; bring it on!
Death to airbnb! More hotels
Affordable permanent housing for people who need it:
Affordable permanent housing for people who really need it would be a much better option than a hotel. Boston's got plenty of hotels, and not enough affordable housing for those who need it.
No Drugs, Free Puppet Shows,
Ice Cream Socials, etc.
Yes this and lots of affordable housing would be nice.
I know how to get in touch with the owner of the lot of you want me too. Bring your cash, your development team, your tradesman, and material. Make an offer and get your project built.
Go get ‘em!!!!
Speaking of clamming up
How's the campaign to send Mr. Costello to Beacon Hill going?
On the bright side
If the hotel fails badly, since we have plenty of hotels, it will be much much easier for a new owner to convert it to housing than the people trying to figure out what to do with empty office buildings.
There are hotels in Boston but it's very difficult to get anywhere affordable to stay short term. Which we do actually want to provide. Lack of affordability for visitors is what drove AirBnB success which really, directly does make a difference in the amount of housing available. If this hotel opens and drives even one Airbnb owner out of business I'll be happy.
When Magoo was touring Japan Magoo slumbered in one of those super duper economy hotels where it is basically like a beehive and all slumberers have their own little cocoon. Which reminds my of that movie with the Quaker Oats man. It always annoyed Magoo the way the Quaker Oats man would pronounce diabetes on those life insurance commercials. While slumbering in the super duper economy hotel in Japan Magoo could hear the toots and snores or other slumberers. Magoo.
Thoughts and Prayers
Thoughts and prayers for all the cars that lived there and will have to search for new homes.
Isn't this where the books are also sild?
He'll no, we won't go
Not the Brattle Books outdoor space.
Up the street a bit.
The bookstores outdoor space
The bookstores outdoor space would probably be 3-7 West Street given the weird numbering on West Street.
What rate counts as economy for downtown Boston?
Anything less than. $500
Anything less than. $500/night