Boulevard on the Greenway Update 07/13/16

New Boston Ventures acquires air rights for Boulevard on the Greenway construction


Last Monday, July 11th, 2016, developer New Boston Ventures acquired air rights for construction of Boulevard on the Greenway for $594,000 from the Boston Redevelopment Authority (BRA) as recorded in the Suffolk County Registry of Deeds. The Boston Business Journal reports that the air rights acquisition was necessary as a number of the units at Boulevard on the Greenway’s edges will extend into public right-of-way, namely the surrounding streets. According to BRA spokesperson Nick Martin, air rights takings are rather frequent for buildings with overhangs that extend into city property, and “a larger taking than you might normally see” was required for Boulevard on the Greenway. Boulevard on the Greenway will be a 12-story mixed-use building featuring 36 residential units, including 31 luxury condominiums and five artist lofts, and approximately 3,550 square feet of ground-floor retail.


The following is the deed for New Boston Ventures’ air rights acquisition at 110 Broad Street, the future site of Boulevard on the Greenway:



More information about Boulevard on the Greenway is posted below.

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