Gaetano Morello on How High Street Development Set a $14.55M Beacon Hill RecordGaetano Morello, founder of High Street Development, breaks down the record-setting $14.55 million sale at 94 Mount Vernon Street in Beacon Hill. In this interview, he explains why the unfinished shell commanded historic pricing, what today’s ultra-luxury buyers truly value, and how the deal signals a shift in Boston’s high-end residential market. Multifamily Rental Households Hit Record 22.4 Million in 2025The multifamily rental market hit a new high in 2025, with households reaching a record 22.4 million after three consecutive years of steady growth. Despite historic levels of new supply, strong renter demand, and structural affordability challenges continued to drive household formation, underscoring the sector’s long-term resilience.