There is a real estate story unfolding in downtown Boston right now that most buyers — even sophisticated, high-net-worth buyers who follow this market closely — don't fully understand yet. And that gap between what's happening and what people know about it is, frankly, one of the more compelling buying opportunities we've seen in this city in years.
Over 1,500 luxury residential units are currently in various stages of permitting, construction, and delivery across downtown Boston — not in the Seaport, not in Back Bay, not in the South End, but in the Financial District, Downtown Crossing, and the surrounding streets that were, until recently, the exclusive domain of office workers, law firms, and financial institutions. These units are being carved out of the bones of Boston's old commercial stock: the glass-and-steel office towers that sat underutilized through the pandemic years and never fully recovered their pre-2020 occupancy levels.