Life Goes Swimmingly at the Eddy in East Boston

Courtesy Image

Harbor views, easy access to downtown, (relatively) affordable prices—East Boston is a neighborhood on the rise. With the Eddy, opening in September, the area is getting its very own 16-story tower with studios and one- and two-bedroom apartments—most of which will showcase dreamy harbor and Charles River backdrops.

“The Eddy has the most incredible, uncompromised views in almost every direction, with sightlines into Charlestown, Chelsea, and the North End beyond the water,” says Kelly Saito, president and partner at Gerding Edlen, which is developing the project. The building is perched on 4 acres of waterfront property adjacent to the Harborwalk, with LoPresti Park next door for strolling and sunning.

Diversions abound inside the building, too. The Eddy will soon be home to a hush-hush-for-now restaurant that promises al fresco seating. Other urban luxuries include a rooftop pool, a roof deck, a communal chef’s kitchen for your dinner-party needs, and a dog-washing station.

Of course, people need to work to pay for those killer views. To that end, the building is six blocks from the Maverick Square T stop, offering quick access to the city. “One of the hidden secrets of East Boston is that it’s super-convenient. It’s a five-minute ride to Government Center,” Saito says.

Rent starts in the low $2,000s for studios, which begin at 400 square feet; two-bedrooms, sized at up to 1,200 square feet, run in the low to mid $3,000s. And as real estate prices in the neighborhood continue to spike, renting might be a more user-friendly option—especially when you consider the joy of coming home to a waterfront lair after a hard day at the office.

10 New St., East Boston, eastbostoneddy.com.

BY THE NUMBERS
East Boston

$210,000
Median East Boston condo price in 2010.

$320,000
Median East Boston condo price in 2015.

Five-year increase:
52%

$7.25
Price of a beef burrito at Mi Pueblito, in Eastie.

$11.95
Price of a beef burrito at Papagayo, in Fort Point.

50%
Percentage of East Boston residents who are foreign-born, the highest among all Boston neighborhoods.