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Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property
In 1981, both apartment towers started a two-year process of conversion to over 600 condominiums, with incentives for existing renters to purchase at discounted prices. Many early apartment renters now own several units, often combined to create wrap-around units with as much as 5,000 square feet (460 m 2) of living space. Newcomers to the ...
The Boston Common is a public park in downtown Boston, Massachusetts.It is the oldest city park in the United States. [4] Boston Common consists of 50 acres (20 ha) of land bounded by five major Boston streets: Tremont Street, Park Street, Beacon Street, Charles Street, and Boylston Street.
Although Boston at that time had a 125 ft (38 m) height restriction, the Custom House was federally owned and exempt from it. The custom house's new 496 ft (151 m) tower made it the city's tallest. In 1947, the Old John Hancock Building , just one foot shorter, joined it in the skies over Boston.
Equity Residential is a United States–based publicly traded real estate investment trust that invests in apartments. As of December 31, 2022, the company owned or had investments in 308 properties consisting of 79,597 apartment units in Southern California, San Francisco, Washington, D.C.
A different three-story style apartment house is also common in urban working-class neighborhoods in northern New Jersey (particularly in and around Newark, Jersey City and Paterson). They are sometimes locally referred to as "Bayonne Boxes". Similar brick apartment buildings were built in Chicago in the 1910s and 1920s. There they are locally ...
Boston went through a major building boom in the 1960s and 1970s, resulting in the construction of over 20 skyscrapers, including 200 Clarendon and the Prudential Tower. The city is the site of 25 skyscrapers that rise at least 492 feet (150 m) in height, more than any other city in New England .
BXP, Inc. (formerly Boston Properties, Inc.) is a publicly traded real estate investment trust that invests in premier workplaces in Boston, Los Angeles, New York City, San Francisco, Seattle, and Washington, D.C.