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Something I noticed happening around Boston metro starting with the pandemic is there is a lot more new builds than additions and remodels. The remodel we trie
by foobarian 4y ago
Something I noticed happening around Boston metro starting with the pandemic is there is a lot more new builds than additions and remodels. The remodel we tried to do ended up significantly delayed due to labor and other shortages, and shopping around was very difficult. It made me wonder whether the developers prefer the hassle-free experience of unoccupied or new builds where you don't have constant headaches of finding old out-of-code shit, having to design custom workarounds, back and forth with the owners, keep the existing structure protected from elements, etc. I can imagine if the work is very asynchronous it would add hidden costs as well due to inefficiency.
- greenonions 4y agoAlso capital efficiency. If you have limited labor anyway, why bother with lower margin additions and remodels?
- ghaff 4y agoSmall remodels are tougher in general especially if you still need a bunch of different trades. I've been putting off investigating for a kitchen update. Probably need to start that ball rolling.
- kitten_mittens_ 4y agoAt least in the city proper, I think I only see two-three new towers of housing Downtown. There looks like there's a retrofit of an office building by Post Office square, but I'm not sure if that's housing or not. http://www.bostonplans.org/projects/development-projects?sortby=filed&sortdirection=DESC&mapview=1&type=dev http://www.bostonplans.org/projects/development-projects?sor...
- thehappypm 4y agoWhat town? My town has a healthy mix.