Real Estate
City Mulls Choice Between Affordable Condos or Rentals to Replace Eyesore
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Egleston Square residents were given a choice on Wednesday for an empty city-owned six family house at 52 Montebello Road: Affordable home ownership for six first-time homebuyers by a team "who really knows ownership"; or a $1.3 million "gift" as part of the development of 3200 Washington Street for six permanently affordable rental units by another team who will "take no profit." John Feuerbach, senior development officer for the Department of Neighborhood Development, opened the meeting by saying "we are looking at 52 Montebello Road separately" from the 3200 Washington St. project. There were three main criteria he said were heard at the first community meeting last December:
100 percent affordability
Long-term affordability
Thoughtful landscaping of the adjacent wooded slope
Feuerbach said there were two eligible applicants who would "present for 15 minutes each tonight." He said that there would be a two-week comment period closing on July 15 after which the Department of Neighborhood Development would make its choice in one or two months. First Pitch: Affordable Homeownership Units
Kevin Maguire of Oxbow Partners, 75 Arlington St.
