Greystar, Haseko Break Ground on Mixed-Income Needham Apartments

Greystar and Haseko North America, the U.S. subsidiary of Japan’s largest condominium construction firm, have broken ground on a 189-unit multifamily development at 100 West St. in Needham, MA. 100 West, which adds a mix of apartment sizes and 24 units of affordable housing to the community, is amongthe largest projects to advance through zoning established under Section 3A of the Massachusetts Zoning Act, otherwise known as the MBTA Communities Act.

“This project exemplifies the spirit of the MBTA Communities law,” said Undersecretary Chris Kluchman of the Executive Office of Housing and Livable Communities. “It’s close to transit, it transforms previously vacant, unproductive space into a combination of market-rate and affordable homes, and it creates an enhanced local revenue stream to help fund schools and other local services long into the future.”

Greystar has developed more than 2,000 units of housing in Massachusetts to date, including 1,905 units across five buildings in the Commercial Triangle of Everett. 100 West is Haseko North America’s initial foray into East Coast markets.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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