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casinobolton t1_j9pkwd1 wrote

Just what we need - more unaffordable housing 👏

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heyhelloyuyu t1_j9pohfx wrote

Glad at least it’s of decent size and density! Should hopefully help price correct and pull some high earners out of other more affordable apts….

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Frederick_Foz t1_j9qds86 wrote

I don’t understand why people are upset at this? It’s a step to affordable housing. I’ve seen so many people complain about the lack of multi family homes but when something like this happens they also complain. Like what?

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-cochise t1_j9qpp9m wrote

Replying to Quirky_Butterfly_946 (#1,944,124)

77 apartments right in the heart of downtown is good. The 90 across from Market Basket are good. The 250 going up on the other corner will be good. Vacancy is like sub 1%, dude, of course new units will be pricey, but it’s a lot better than building nothing.

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thrunabulax t1_j9qthl5 wrote

face it, downtown machester could use a little shot of revitalization

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danmac1152 t1_j9r5zc9 wrote

Replying to Frederick_Foz (#1,947,129)

This isn’t my outlook at all but people are probably mad because it’s in Manchester. Seems to be an idea in this state that people who live in cities like Manchester, Nashua or Portsmouth are scum and building affordable housing will attract more scum. These same people would also most likely laud an affordable housing plan in a smaller or rural town.

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tghost474 t1_j9rgbfg wrote

I yeah and? big businesses and developments get a lot of tax breaks. The government will just recover it through other means if that’s what you’re concerned about.

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Curious_Buffalo_1206 t1_j9rpkb8 wrote

Replying to Frederick_Foz (#1,947,129)

NIMBYs gonna NIMBY. I’m pretty sure it’s not the same people. You have one group that wants more dense housing. There’s another group who wants everyone under 40 who isn’t an engineer to live in a tent, own nothing, and be happy. No hypocrisy. Just two groups who will never see eye to eye until the day they die.

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Curious_Buffalo_1206 t1_j9rpq5v wrote

My only complaint here is that they didn’t make it one story taller. No matter how tall it is, they should add one more story.

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Fenwick19 t1_j9s3kjx wrote

Too many apartment projects to count now in and around downtown Manchester, going to look like a much different place about 5 years from now

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gweased_pig t1_j9syylm wrote

Stop bitching, developer gets 3 years of tax breaks, and the City gets massively higher taxes in perpetuity after that. Smart investment.

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ArbitraryOrder t1_j9t24br wrote

OH MY GOD, JUST DO A LAND VALUE TAX, AND WE COULD STOOP WITH THIS NONSENSE ABOUT WHICH PEOPLE DESERVE PROPERTU TAX BREAKS

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libertymenu t1_j9tj1u5 wrote

Anyone that things this will result in "affordable housing" should read more about economics. There is zero long-term data that corroborates this theory. There is a TON of data that says this is rich people using their connections and power to keep more money in their pocket, increase the value of their property, and stifle competition.

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libertymenu t1_j9tjc96 wrote

Replying to gweased_pig (#1,960,312)

Development has its own reward (profit). The city gets NOTHING additional by this deal. The people however, have to suffer a manipulated market. Distortions that make further development unhinged from the needs in the market. Economics 101.

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libertymenu t1_j9tjoyo wrote

Replying to libertymenu (#1,963,268)

Development is great. Government manipulating the market actually stifles further development. Now instead of just looking at market demand, the developers will be shopping each city for sweetheart deals. End zoning, end government involvement with the market, and watch us flourish.

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Lords_of_Lands t1_j9tnr0z wrote

The building will have upward pointing lights? Can we at least pretend to care about light pollution?

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Rusty-Pipe-Wrench t1_j9ugstp wrote

sweet so the landlords that are ass fucking us are getting a break. its always out of state developers too.

1