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Average Boston rent down for first time in years — but still over $3K

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Average Boston rent down for first time in years — but still over K


Real Estate

Vacancies are the highest they’ve been since the COVID-19 pandemic, but the city’s average asking rent still clocked in at $3,043 in October, according to Bloomberg.

A sign advertising for Marc Roos Realty in the Fenway. Nathan Klima/The Boston Globe, File

Boston’s rental market has tipped ever-so-slightly in renters’ favor, partially owing to out-of-state migration, a cooling biotech industry, and tighter student visa restrictions, according to a recent Bloomberg report. 

On the one hand, vacancies are the highest they’ve been since the COVID-19 pandemic, and the average rent in Boston has dipped for the first time since 2021, Bloomberg reported. 

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On the other, the city’s average asking rent still clocked in at $3,043 in October, and reporting from The Boston Globe indicates that rents in Boston’s urban core have risen sharply between 2022 and 2025, despite the recent slowing.

Still, decreasing demand has left landlords dangling price cuts and other concessions in a bid to lure tenants.

Over in Cambridge, according to Bloomberg, a three-bedroom unit near the Massachusetts Institute of Technology has been sitting vacant for more than five months — even with a price cut from about $4,200 a month to $3,550. Landlords elsewhere are going into bargaining mode: new tenants at Luka on the Common in the Theater District can get one month free and a $500 gift card, while renters who sign a 17-month lease at The Indie in Allston can get up to three months free. 

Desperately needed additions to the region’s housing supply have helped ease demand; Boston’s metro area added 8,600 units over the past year, about 20% higher than its 10-year average, Bloomberg reported, citing RealPage Chief Economist Carl Whitaker.

But according to the news outlet, it’s “economic jitters” driving down rents — not an oversupply of new developments.

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The recent reversal follows years of growth fueled by the region’s biotech industry, now beset by plunging valuations, layoffs, and cuts to federal research funding. Separately, as Bloomberg noted, immigration raids and student visa restrictions have taken their toll on international student enrollment, leaving some of Boston’s college-heavy neighborhoods emptier than usual. 

“I’ve been doing real estate and technology for 30 years. I’ve never seen anything like this,” Demetrios Salpoglou, CEO of Boston Pads, told Boston.com in August. “It’s very acute. It’s not impacting all neighborhoods … it’s really proximity to a lot of universities that have a heavy reliance on foreign money or foreign enrollment.”

Adding to the uncertainty, Massachusetts was one of just two states that saw negative employment growth for the 12 months ending in August, according to Bloomberg. And while it remains unclear how long tenants will have the upper hand, there’s a push underway for a 2026 ballot question that would tie annual rent growth to cost of living increases, with a 5% annual cap. 

In the meantime, according to Bloomberg, landlords and agents are hoping to see leasing activity bounce back in the new year. 

“Everyone’s anxiously waiting to see what happens in the spring,” Damian Szary, an executive at the real estate firm Redgate, told the news outlet.

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Profile image for Abby Patkin

Abby Patkin is a general assignment news reporter whose work touches on public transit, crime, health, and everything in between.





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Boston, MA

David Pastrnak, Bruins earn 3-2 overtime victory over Nashville

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David Pastrnak, Bruins earn 3-2 overtime victory over Nashville


The Bruins may not liked how they got to the end result on Tuesday night at the Garden, but results are all that matter right now.

For the second night in a row, the B’s could not protect a lead that they held after 40 minutes. But unlike the verdict in Manhattan, the B’s were able to get the full two points on the table in overtime.

It took just 15 seconds into OT.

Mark Kastelic won the opening faceoff and Charlie McAvoy skated with it into the offensive zone. Marat Khusnutdinov jumped on for Kastelic and, after some razzle-dazzle, McAvoy sent a backhand pass toward the top of the crease to David Pastrnak for the redirection goal for the 3-2 win. It was an all’s-well-that-ends-well kind of night for Pastrnak, who took a costly penalty late in the second period that helped Nashville get back in the game.

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The day was an interesting one for the B’s.

The schedule gives and it takes away, and Tuesday was a night when the B’s were at a distinct disadvantage. Because of flight issues related to the winter storm, the B’s could not fly out of New York on Monday after their overtime loss to the Rangers and were forced to bus back up to Boston, arriving back home around 1:30 pm on Tuesday.

The Preds on the other hand, last played on Saturday afternoon and chartered into Boston on  Saturday night to beat the blizzard.

The team chefs arrived with meals at Hanscom Airport to help the players fuel up. Skills coach John McLean, who doesn’t travel with the team, also went the airport and shoveled out the entire traveling party’s cars, no small task with the amount of snow dumped on the region.

“We owe him a couple of beers,” said Morgan Geekie. “It takes a village and everybody stepped up today no matter how it was. Happy we could get the win.”

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With all the help they did get, coach Marco Sturm wasn’t going to allow his players an out if they did lose in OT.

“It doesn’t matter if we lost the game or whatever. That shouldn’t be an excuse,” said Sturm. “Guys were ready to go today. You’re not always perfect Our third was definitely better than (Monday). Couldn’t close it but guys came back and showed character and at the end of the day, we need to take all the points we can get….I’m just happy the way the last couple of weeks went.”

Dating back to their New Year’s Eve win in Edmonton, the B’s are 11-2-1 in their last 14.

Despite the travel complications, the B’s were the ones to score the lone goal in the first period, which came off the stick of Sweden’s newest Olympian, Hampus Lindholm. The defenseman took the puck down from the left point to the circle and sent what looked like a harmless shot toward the net. But working the net front after winning the faceoff back to Mason Lohrei, Fraser Minten went for the tip and missed, but that seemed to distract Juuse Saros enough to allow the puck to get behind him for the 1-0 B’s lead at 13:16.

They made it 2-0 early in the second period, thanks to the simmering stick of Geekie. Pastrnak first danced around Roman Josi just inside the Nashville blue line and then shoveled the puck along the left boards to Geekie. Geekie took a few strides toward the net and, from the bottom of the circle, snapped a shot that beat Saros off the far post and in. It was Geekie’s 30th goal of the season and fourth in three games while Pastrnak extended his point streak to eight games.

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Though the game was a snoozer, the B’s appeared to be in full control. That is until their season-long problem raised its ugly head again – penalties.

Late in the period, Pastrnak took a bad slashing on Josi in the neutral zone. It was the B’s fourth penalty to that point and, this time, the Predators made them pay. From above the right dot, Josi’s low shot got under Jeremy Swayman’s glove with 35 seconds left in the period, changing the complexion of the game just like that.

“Obviously I know it’s a bad penalty and I apologized to the group and moved forward,” said Pastrnak.

To make matters worse, the B’s lost Elias Lindholm to an upper body injury off a faceoff late in the period and he did not return. Sturm did not have an update after the game but said the centerman would be getting some tests on Wednesday.

In the third, the B’s had a great chance to regain the two-goal lead when Casey Mittelstadt, from behind the net, found a wide-open Viktor Arvidsson a the top of the crease,  but Saros stoned him.

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And with 6:43 left in regulation, the Preds tied it. After matching roughing minors, Nashville scored on the ensuing 4-on-4 when Nick Blankenburg used the extra room to roam free out high and he beat Swayman with a long shot under the blocker.

It stay deadlocked after 60 minutes. It got unlocked 15 seconds later. On the winner, another non-uniformed member of the B’s had another big assist. The plan, as usual, was for Kastelic to take the opening draw and jump off the ice. This time Khusnutdinov was set to jump on. Only problem was, he was missing a skate blade.

Equipment manager Keith Robinson heard assistant Matt Falconer yell out “Khusy needs steel!” As soon as Robinson snapped the blade in, Khusnutdinov jumped onto the ice and joined the weave in the offensive zone, dropping the puck for the circling Pastrnak,  who then executed the pretty give-and-go with McAvoy for the winner.

As Geekie said, it takes a village.

Loose pucks

Hampus Lindholm will be going to the Olympics after all. Due to the injury to Jonas Brodin, Lindholm was named to Team Sweden on Tuesday, where he’ll join Bruin teammate Elias Lindholm. Other Bruins going to the Games in Milan, Italy will be Swayman and McAvoy (USA), Pastrnak and Pavel Zacha (Czechia), Henri Jokiharju (Finland) and Providence Bruin Dans Locmelis (Latvia).

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“Any time you put (the Sweden jersey), it’s such a cool jersey, it has so much history tied to it. I haven’t had any opportunity for the Olympis for me in my career, so it’s going to be a great honor to go there,” said Lindholm… Alex Steeves was scratched in favor of Mikey Eyssimont, who played his first game since Jan. 11…Nikita Zadorov, who missed Monday’s game with a lower body injury, returned to the lineup and saw 21:53, second most on the B’s to McAvoy’s 27:14.

 



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Families of two killed in US boat strikes near Venezuela file wrongful-death suit in Boston – The Boston Globe

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Families of two killed in US boat strikes near Venezuela file wrongful-death suit in Boston – The Boston Globe


The lawsuit against the federal government was filed Tuesday morning by lawyers from the political advocacy group American Civil Liberties Union on behalf of Samaroo’s sister, Sallycar Korasingh, and Joseph’s mother, Lenore Burnley.

Maritime lawsuits can be filed in any federal court in the US, the ACLU noted, and they said they chose Boston because of the long history of such suits here.

The complaint alleges the deaths amount to extrajudicial slayings, or the unlawful killing of an individual by a government.

“I miss him terribly. We all do,” Burnley said of her son, in a statement announcing the lawsuit. “We know this lawsuit won’t bring Chad back to us, but we’re trusting God to carry us through this, and we hope that speaking out will help get us some truth and closure.”

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The strike that allegedly took both men’s lives came on Oct. 14, as they made the short journey to the island that’s only a handful of miles off Venezuela’s coast.

For Joseph, according to the lawsuit, it was to be a long-delayed homecoming. The farmer and fisherman had been in Venezuela since April for work, as sometimes happened with him. On top of that, the suit said, he had a hard time finding a boat back to the small fishing village on Trinidad’s north coast where he lived with his common-law wife and three children.

On Oct. 12, he called his wife to tell her the 20-mile boat trip was finally happening: He’d be back in two days, according to the lawsuit.

He’d be with Samaroo, a coworker and fishing buddy who had moved to Las Cuevas a year earlier after his release from prison. He was imprisoned for 15 years for his role in a killing, according to the lawsuit. Media reports say it was the homicide of a street vendor, but don’t provide further detail about what happened.

Samaroo told his sister he was returning on the Oct. 14 boat because he wanted to see their mother, who had fallen ill.

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Neither man, their families and the Trinidadian government claim, was involved in the drug trade.

Korasingh, Samaroo’s sister, said he had “paid his debt to society and was just trying to get back on his feet again” when the strike killed him.

“If the U.S. government believed Rishi had done anything wrong, it should have arrested, charged, and detained him, not murdered him,” she said in a statement. “They must be held accountable.”

On Oct. 14, the news came in the form of a social-media post from the president of the United States.

Trump posted that he’d authorized a “lethal kinetic strike on a vessel affiliated with a Designated Terrorist Organization (DTO) conducting narcotrafficking” in international waters near Venezuela. “Intelligence confirmed the vessel was trafficking narcotics, was associated with illicit narcoterrorist networks, and was transiting along a known DTO route.” Six “male narcoterrorists,” Trump said, died in the strike.

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If was the latest of what would ultimately be more than 30 such strikes on boats near Venezuela, whose leadership Trump has blamed for the influx of drugs coming into the United States. Ultimately, tensions escalated to the point that US military forces entered Venezuela and arrested its president, the dictator Nicolas Maduro, in a raid earlier this month.

In the Oct. 14 post announcing the strike, the president attached a video of the men’s last moments. A small boat appears to sit in the middle of the frame. Suddenly, a dart of light comes from off the screen above, striking the boat, which explodes into a fireball.

Joseph’s mother, Burnley, saw the reports of the strike on the news and called her son’s wife.

“They immediately feared that Mr. Joseph was aboard this boat, as the timing of the strike directly coincided with Mr. Joseph’s journey by boat from Venezuela to Las Cuevas,” lawyers wrote in the lawsuit.

They called his phone, but it was dead. And, the complaint said, “The line remains dead to this day.”

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Their remains were not found. Both families have filed missing-persons reports and sought more information, but non has been available. Both families, according to the lawsuit, have held funerals.

As justification, Trump has said that the US is essentially in conflict with the large drug-trafficking organizations that smuggle drugs into the United States.

In the lawsuit, the families allege the strike was illegal because drug traffickers — even violent ones — do not qualify under international law as an entity that a country can claim it’s in armed conflict against. But even if that were the case, the suit claims, the government should not target civilians.

“As a result, even in the context of an armed conflict, the killings of Mr. Joseph and Mr. Samaroo would constitute a grave breach of the 1949 Geneva Conventions, and thus a war crime, making its perpetrators punishable under federal and international law,” the complaint states.

The lawyers are suing under the century-old Death on the High Seas Act, which allows family members of people killed in international waters to sue for wrongful death.

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Ultimately, this suit is seeking unnamed monetary damages for the families. The complaint is not seeking an injunction ordering the government to change its behavior.


Sean Cotter can be reached at sean.cotter@globe.com. Follow him @cotterreporter.





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Blazers Have No Luck Against Celtics in Boston

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Blazers Have No Luck Against Celtics in Boston


The Portland Trail Blazers lost an ugly game to the Boston Celtics on Monday night, with a final score of 102-94. The game seemed over before it began as Boston took a massive lead early. Portland was able to make a couple pushes to make the game closer, but were never able to take the lead or seriously threaten to steal it.

The Blazers were led in scoring by Jerami Grant’s 19 points, 10 of which came from the free throw line. Toumani Camara added 18 points and Jrue Holiday had 14. Only two Blazers shot 50% or better from the field: Robert Williams (3-3) and Sidy Cissoko (1-2).

The Celtics were led by 23 points from Payton Pritchard, including buzzer-beaters to end both the first and second quarters. They also got 20 points from Jaylen Brown and 18 points from Derrick White.

Donovan Clingan finished the game with 9 points, 15 rebounds and 4 blocks. He made three of his four shots from inside the arc, but attempted five threes and made just one. His rebounding and shot-blocking abilities were on full display and he was very important for Portland’s pushes throughout the game.

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Clingan’s effectiveness inside the paint takes a hit in Deni Avdija’s absence, as he doesn’t get quality shots. However, he was still efficient with the attempts he did get.

It’s hard to win games when you lose the first quarter 32-11. A 4-21 shooting performance from the field and 1-12 from deep in the quarter put the Blazers in a massive hole from the get-go. Boston didn’t do anything incredible, 54% from the field and 29% from three, but it was enough to go up huge on Portland.

It marked the second straight game that the Blazers set a season low in first quarter points after logging just 12 points in the first frame against the Toronto Raptors. They also set a new season low for points in a first half with just 37.

Portland just could not get the lid off the basket in this game. They shot just 42% from the field, 26% from deep and 67% from the free throw line. Without any consistency scoring the ball, every run quickly ended as the misses began to pile up.

While the Blazers played good defense throughout the game, Boston was able to win by just making a couple more shots and ride their huge first quarter to survive every push Portland made.

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Portland stays on the road to face the Washington Wizards tomorrow at 4:00 p.m. PST.



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