The owner of 31 Milk St. has filed plans with the Boston Planning Department to turn the top ten floors of the eleven-story office building into 110 studios and one-bedroom apartments, under Boston's office-to-apartments tax-break pilot.
Dinosaur Capital Partners of Newton, which bought the building for $9.6 million in January, says the ground floor would continue to be leased to the Postal Service.
Some 22 of the units would be rented as affordable - 18 to people making no more than 60% of the Boston area median income and 4 to people making up to 100% of that level - with those units available to people with housing vouchers.
Under the Boston pilot program, developers get a tax break for up to 29 years; the city would get a 2% cut of the sales of the building were it sold during that period. The goal: Fill office space that has been vacant since the pandemic and provide more housing.
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By downtown-anon
Thu, 03/13/2025 - 9:21pm
N/T
Correct me if I'm wrong
By Lane Straddler
Thu, 03/13/2025 - 8:58pm
Isn't that the same building
You gotta have mind and body
By Anonymous
Thu, 03/13/2025 - 11:04pm
You gotta have mind and body like steel to live there.
this is great!
By cinnamngrl
Fri, 03/14/2025 - 6:51am
I have wondered if the program would allow partial conversions. It would allow people to fill up buildings without losing long standing tenants and services downtown.
Love The Post Office On The First Floor
By John Costello
Fri, 03/14/2025 - 10:56am
It is an old bank branch, hence the marble inside. The carpet at the entrance is neck and neck with the carpet from the former watch repair place on Bromfield Street as being the most likely piece of fabric to start the next pandemic.
Good people work in there but the signage is limited. You see Europeans walking around Milk Street looking for some grand post office like in Florence or Dublin and instead you get a brass sign that hasn't been buffed since the 90's saying "US Post Office".
The upper floors of this place are perfect for conversion. Two entrances and the constant smell of weed is gone with the closure of the dispensary across the street.
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