One of Boston’s first attempts at urban renewal was in 1952 in the 24 acres of land now known as “Ink Block”. The neighborhood had about 320 buildings and 1,000 residents on streets named after New York towns (Troy, Rochester, Genesee); in fact, Albany Street has survived. The area became industrialized, including the new home of the “Boston Herald Traveler” newspaper offices & printing facility; Traveler Street remains today.
Interesting stats from the PAST month: (sublease & direct – in all cases temp space excluded) from Mass Ave to the Seaport, South End to North Station.
- 84 spaces hit the market as available in the subject area equating to ~706,000 SF, mostly due to: 155403 SF @ 100 Summer; 44007 @ 53 State; 54047 SF @ 121 Seaport; 39564 SF @ 501 Boylston; 30916 @ 1 Lincoln;
- 48 spaces cameoff the market equating to ~392,000 SF, mostly due to 31229 SF @ 101 Fed; 50890 SF @ 99 High; 35000 @ 501 Boylston;
- Total Availability (direct & sublease) ticked up again to ~20,400,000 SF.