PMC is on the precipice of buying the Allegheny Building downtown. It's yet another handsome prewar office walkup. Undoubtedly it will lead to another residential conversion, since that's what PMC does.
Also, the URA met yesterday.
The agenda is here. The biggest thing officially on the agenda is a modification of the Granada Square Apartments project to allow for a 77-stall parking garage. However, the meeting apparently also contained word of
a planned 66-home development by the same group behind the Scottish pub opening in the James Woods House. It's unclear if this is going to be affordable or market rate, and the details seem a bit sketchy (they talk about the development as if it could all be on one block, which is impossible given the number of units). We will see what happens.