According to a new report by the CoStar Group, competition from a handful of luxury properties for rent in downtown Boston is putting downward pressure on prices.
Leasing underway at The Kensington in Downtown Crossing, AvalonExeter in the Back Bay, The Victor at North Station, and 315 on A and Waterside Place in the Seaport District --totaling more than 1000 units-- are creating the competitive rental environment helping to push prices down.
Read more from the Boston Business Journal.
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