'Tis no secret that East Boston's real estate is changing forever. Case in point: Portside at East Pier, a waterfront project long in coming and now here. The 176-unit first phase is currently leasing—and offering up to three months of free rent on select apartments with 15- to 18-month leases. It's part of a larger trend now in Boston as the Luxury Glutpocalypse looms and landlords look to unload apartments post-haste.
Portside at East Pier includes studio, 1-BR and 2-BR apartments with studios renting for $1,910 a month (it's not clear what the 1-BRs and 2-BRs are going for). Studios start at 566 square feet; 1-BRs at 730 square feet; and 2-BRs at around 1,000 square feet; none get much bigger than their starting sizes.
The development, which will eventually be part of a larger project with nearly 500 residential units, is actively playing up Eastie's changing aura in its marketing: "Relax," says the website. "You've found your haven. It's every bit as luxurious as the high-rises across the harbor, but with even more spectacular views, and provides a bit more room in the budget to enjoy brand new discoveries." Budget. Room. Eastie.
· Website: Portside at East Pier [Roseland]
· East Boston: Low Supply, High Demand, Brooklyn Bound [Curbed Boston]
· Where to Rent in Greater Boston Right This Second [Curbed Boston]
· What to Watch This Fall in Greater Boston Real Estate [Curbed Boston]
· Eastie's Portside at Pier One Gets Under Way [Curbed Boston]