Well, with just 65 units, does it really matter? Upside: Cuts down on over-supply!
From Banker & Tradesman:
Boston Properties Looking To Convert Russia Wharf Residential Units To Rentals
By Paul McMorrow
Boston Properties is preparing to convert the 65 remaining condominium units in its $550 million, mixed-use Russia Wharf development in Boston to rental apartments, sources have indicated to Banker & Tradesman.
The project is now known as “Atlantic Wharf”. Wellington Management is anchor tenant in the building, expected to be completed sometime in 2011.
Related posts:
- Russia Wharf / Atlantic Wharf hits (minor) roadblock
- Newburyport woodworking firm claims union interference at Russia Wharf
- Fenway condo development to go rental – after buyers closed
- A (partial) list of all Boston development projects proposed, approved, canceled or left for dead
- South End mixed-use project defaults on loans
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