clock menu more-arrow no yes

Filed under:

Building Cambridge Housing; Parking as Boston Premium

New, 4 comments

CAMBRIDGE—Turns out the city may not need as much new housing as previously thought to keep things from getting even more absurdly expensive: "On paper, anyway, Cambridge needs to put up between 3,100 and 6,200 more units of housing during the years that started in 2010 and end in 2030, according to Holly St. Clair, director of data services for the Metropolitan Area Planning Council." [Day]
__
BOSTON—Parking in this city: It drives everything. "For a Jamaica Plain home worth $300,000 to $400,000, parking can add about $20,000 to the list price, according to Deegan. 'If it was garage parking, it would be more valuable than if it was just a parking spot in a driveway,' she said. Many Dorchester homes have off-street parking — most of it outdoors, according to Realtor Craig Galvin, of the Galvin Group, who estimates it can add $25,000-plus to the cost of a property." [Herald]

Central Square

Central Square, , MA 02139