I've yet to see councilors weigh in collectively on a particular project, although, yes, it would be interesting to see which ones show up at the BRA/ZBA hearings.
You could give them a more "Classic Boston" look, ie. a little bit more brick. Remember we are the oldest major city in the US and I personally think the classic brick/colonial look you see in neighborhoods such as Beacon Hill, Charlestown, and Back Bay looks much better than the futuristic apartments you see in Fort Port/The Waterfront where about 90% of the building is windows.
Bricks are expensive and masonry in general is costly and difficult to work with. It lacks the versatility and strength and low cost of more modern building materials. Also people tend to like lots of big windows. But if you look at the depiction of these buildings they do seem to be using some fake masonry cladding. Is that not good enough?
How many of those condos can we count on you buying? Until you become part of the economic game, the market rules: Investors invest/design/build, and buyers buy.
I wonder how many people complained about how all of the brownstones in Beacon Hill, the Back Bay, or the South End "look like every other" brownstone, or the triple deckers across Dorchester, Southie, and on all the way to Mattapan and Roslindale.
There aren't many brownstones in the South End, lots of brick bowfronts, the architectural critics and those with money rejected as boring and repetative, but certainly not the Back Bay since most of those homes were built to order. Either way those were much more attractive and better built than these condo blocks today.
If there's one thing that's truly an historic and unchanging part of Boston, it's people griping about what their neighbors - and everyone else - do with their own property.
Ha. What the commenter above is referring to is that sitting City Councilor at Large Annissa Essaibi George's husband is the developer looking to build.
I'm not disagreeing with you there, I'm just starting to think Southie's slowly turning into a neighborhood comprised of either upper-middle/upper-class residents and lower-class residents. The middle-class is rapidly disintegrating and I'm not so sure the neighborhood would benefit from having only rich people and poor people and barely a middle-class.
Ever look at the BHA affordable housing requirements?
They're not affordable.
A unit might be marked all the way down to say 300K, but you need to make under 55K to qualify which means you would need to pay at least %90 of your pay towards the mortgage and taxes and condo fee.
Until we see sub-100K units again [without income restrictions] there is no such thing as affordable housing.
If you make $55k, you're probably taking home $3100-$3200/month after taxes. Your mortgage would be about $1,100/month on a $300k unit. Taxes would be about $400/month. Condo fee say $150-200/month. That's 52% of your monthly income after tax, or 36% of your pretax income. Higher than the recommended 28% of pretax income, but not 90% of anything.
That monthly mortgage payment is pretty low for a $300K mortgage. I would add at least a few hundred there. And one still needs to cover a lot of utilities as condo fees typically cover just water/sewage. And buy food and transit.
And that leaves you with pretty much nothing left.
For sanity's sake, a modest amount of disposable income for entertaining oneself is a must. And you need to be able to save. In fact when one owns a condo you had better save, because [granted not as likely in a brand new unit, but still] surprise special assessments and tax hikes are quite normal.
If you're living hand to mouth its not really working out right.
Point well-taken about the cost of real estate but some of estimates and calculations are off.
For example (check details with your real estate agent for actuals):
725 Harrison Ave 401, resale of an affordable housing unit
Price is $264,511.86, 1068-square feet, one-bed, one-bath
Condo fee is $464 / mo (incl. H/HW) and estimated annual property taxes are $1,283.42 (owner-occupied, residential exemption)
This is 39.48% of gross income, which is within generally-acceptable guidelines for people taking out mortgage loans, and less than many people spend on rent.
That's a bit steep for most people to handle - all debt shouldn't be more than 36% of gross income, at least according to some of the mortgage brokers I talk to.
A different example, one for a higher-priced home (from the MLS listing; check w/your agent):
700 Harrison Ave 216, resale of an affordable housing unit
Price is $358,994, 758-square feet, one-bed, one-bath
Condo fee is $269 / mo and estimated annual property taxes are $1,551.82 (owner-occupied, residential exemption)
Monthly housing expense:
3% down (MassHousing loan): $10,769.82
Remaining amount: $348,224.18
$1,687.67, mortgage loan
$269 condo fee
$129.33 property tax
$2,086 total per month
For this unit, per DND: maximum annual income levels for household size are:
Just about 1/3 of gross income, which is within generally-acceptable guidelines for people taking out mortgage loans, and less than many people spend on rent.
Sadly, three too many - three BRA bigshit nieces and nephews who are always magically the lucky ones when it comes to affordable housing lotteries will get to enjoy their artificially cheap condos while everyone else will end up paying $50,000 more for theirs.
Once again a completely boring unoriginal cheap condo block. Cookie cutter bland and no doubt cheaply designed with engineered building materials. And more people and cars to clog our streets without any infrastructure improvements.
The BRA will call this a small project (yet again), how many small projects does it take to make a large neighborhood altering project?
Often, neighborhoods will complain if a new building doesn't fit in with the existing buildings. If you read the description, it talks about how it matches different architectural elements on different sides of the project.
Comments
I wonder if the City Council
will support this project?
I see what you did there
I've yet to see councilors weigh in collectively on a particular project, although, yes, it would be interesting to see which ones show up at the BRA/ZBA hearings.
Not just any condos
But condos that look like every other condo in the city.
How many different ways
Can one design condos? Build them upside down? Sideways? Please enlighten me, what other new ideas do you have?
Colonial
You could give them a more "Classic Boston" look, ie. a little bit more brick. Remember we are the oldest major city in the US and I personally think the classic brick/colonial look you see in neighborhoods such as Beacon Hill, Charlestown, and Back Bay looks much better than the futuristic apartments you see in Fort Port/The Waterfront where about 90% of the building is windows.
Old Stuff Is Old
Bricks are expensive and masonry in general is costly and difficult to work with. It lacks the versatility and strength and low cost of more modern building materials. Also people tend to like lots of big windows. But if you look at the depiction of these buildings they do seem to be using some fake masonry cladding. Is that not good enough?
Which Classic Boston?
These look quite consistent with buildings in areas that were developed in the latter half of the 19th century.
"I personally think..."
I appreciate your honesty.
How many of those condos can we count on you buying? Until you become part of the economic game, the market rules: Investors invest/design/build, and buyers buy.
Written from the wildly appreciating Macallen.
I wonder how many people
I wonder how many people complained about how all of the brownstones in Beacon Hill, the Back Bay, or the South End "look like every other" brownstone, or the triple deckers across Dorchester, Southie, and on all the way to Mattapan and Roslindale.
Duh!
Brownstones are classy. These are piece of shit looking dumps that will be the same piece of shit look g dumps in 130 years.
Go to North Quincy or Woburn and Stoneham
Take a look at those shitty 60's and 70's garden style condos with names like Colonial Drive.
That is how people are going to view these new condos in 25 years. Never mind 130 years.
Try 40-50 years
This isn't 1990.
Whats your point?
?
Brownstones?
There aren't many brownstones in the South End, lots of brick bowfronts, the architectural critics and those with money rejected as boring and repetative, but certainly not the Back Bay since most of those homes were built to order. Either way those were much more attractive and better built than these condo blocks today.
If there's one thing that's
If there's one thing that's truly an historic and unchanging part of Boston, it's people griping about what their neighbors - and everyone else - do with their own property.
They may look
Like every condo in the City but one thing it has that other condos don't will b the stench of Loco Tacos wafting through all that luxury.
Why so resentful that people need space to live
These are brick and probably higher quality than most condos going up around southie.
Connections
Ha. What the commenter above is referring to is that sitting City Councilor at Large Annissa Essaibi George's husband is the developer looking to build.
Excuse me while I clear my throat..
Sir that is an outrage, an outrage I say. I demand a retraction, (throat clear again).
Looks like it was just perched too
https://www.cityofboston.gov/assessing/search/?pid=0601153000
Per the link the Church still owned the land untill as recent as 12/23/2015.
Do we
Need some new churches to fill the void?
Nope
The fewer churches the better. The magic man in the sky will find you, even if you aren't going to church.
We need housing. We don't
We need housing. We don't need freeloading organizations that don't pay property taxes.
Only 3??
Only three affordable units?? See this is exactly what is wrong with the developers in Southie.
3 out of 24 is a lot
Would you like all 24? Affordable house creates artificial inflation in the pricing of the housing stock. It screws over the middle class.
Not disagreeing
I'm not disagreeing with you there, I'm just starting to think Southie's slowly turning into a neighborhood comprised of either upper-middle/upper-class residents and lower-class residents. The middle-class is rapidly disintegrating and I'm not so sure the neighborhood would benefit from having only rich people and poor people and barely a middle-class.
Really? And the city allowing
Really? And the city allowing variances to cut up homes into condos to increase buyers profit isn't artificially elevating prices?
How does allowing developers
How does allowing developers to build more of what people want to buy elevate prices?
3 out of 24 sounds right. My
3 out of 24 sounds right. My building has 26 units and there were 4 affordable units.
Affordable Housing Is Not Affordable
Ever look at the BHA affordable housing requirements?
They're not affordable.
A unit might be marked all the way down to say 300K, but you need to make under 55K to qualify which means you would need to pay at least %90 of your pay towards the mortgage and taxes and condo fee.
Until we see sub-100K units again [without income restrictions] there is no such thing as affordable housing.
huh?
If you make $55k, you're probably taking home $3100-$3200/month after taxes. Your mortgage would be about $1,100/month on a $300k unit. Taxes would be about $400/month. Condo fee say $150-200/month. That's 52% of your monthly income after tax, or 36% of your pretax income. Higher than the recommended 28% of pretax income, but not 90% of anything.
Re-Calculate
That monthly mortgage payment is pretty low for a $300K mortgage. I would add at least a few hundred there. And one still needs to cover a lot of utilities as condo fees typically cover just water/sewage. And buy food and transit.
And that leaves you with pretty much nothing left.
For sanity's sake, a modest amount of disposable income for entertaining oneself is a must. And you need to be able to save. In fact when one owns a condo you had better save, because [granted not as likely in a brand new unit, but still] surprise special assessments and tax hikes are quite normal.
If you're living hand to mouth its not really working out right.
Rates are at 3.5-3.85%, so
Rates are at 3.5-3.85%, so 1100 on a 300k mortgage is about right.
Not really
Point well-taken about the cost of real estate but some of estimates and calculations are off.
For example (check details with your real estate agent for actuals):
725 Harrison Ave 401, resale of an affordable housing unit
Price is $264,511.86, 1068-square feet, one-bed, one-bath
Condo fee is $464 / mo (incl. H/HW) and estimated annual property taxes are $1,283.42 (owner-occupied, residential exemption)
Monthly housing expense:
3% (MassHousing loan): $7,935.36
Remaining amount: $256,576.50
$1,243.50 mortgage loan
$464 condo fee
$ 106.95 property tax
$1,814.45 total per month
For this unit, per DND: maximum income levels for household size are:
1 HH $55,150
2 HH $63,050
3 HH $70,900
Annual income, 1 person $55,150
Annual housing expense (pre-tax benefit) $21,773
This is 39.48% of gross income, which is within generally-acceptable guidelines for people taking out mortgage loans, and less than many people spend on rent.
That's a bit steep for most people to handle - all debt shouldn't be more than 36% of gross income, at least according to some of the mortgage brokers I talk to.
-------------------------------------------------------
A different example, one for a higher-priced home (from the MLS listing; check w/your agent):
700 Harrison Ave 216, resale of an affordable housing unit
Price is $358,994, 758-square feet, one-bed, one-bath
Condo fee is $269 / mo and estimated annual property taxes are $1,551.82 (owner-occupied, residential exemption)
Monthly housing expense:
3% down (MassHousing loan): $10,769.82
Remaining amount: $348,224.18
$1,687.67, mortgage loan
$269 condo fee
$129.33 property tax
$2,086 total per month
For this unit, per DND: maximum annual income levels for household size are:
1 $75,850
2 $86,700
3 $97,500
4 $108,350
5 $117,000
6 $125,700 per year.
Annual income, 1 person $75,850
Annual housing expense (pre-tax benefit) $25,032
Just about 1/3 of gross income, which is within generally-acceptable guidelines for people taking out mortgage loans, and less than many people spend on rent.
Yes
Sadly, three too many - three BRA bigshit nieces and nephews who are always magically the lucky ones when it comes to affordable housing lotteries will get to enjoy their artificially cheap condos while everyone else will end up paying $50,000 more for theirs.
Unoriginal
Once again a completely boring unoriginal cheap condo block. Cookie cutter bland and no doubt cheaply designed with engineered building materials. And more people and cars to clog our streets without any infrastructure improvements.
The BRA will call this a small project (yet again), how many small projects does it take to make a large neighborhood altering project?
damned if you do
Often, neighborhoods will complain if a new building doesn't fit in with the existing buildings. If you read the description, it talks about how it matches different architectural elements on different sides of the project.