The apartment is brand new, well equipped, and located in a new building in East Boston, overlooking the bay and the financial district. It is close to the subway, just one or two stops from downtown. However, East Boston is a "rough-and-tumble part of the town" (Lonely Planet) so be aware that you'll be constantly traveling back and forth to visit the "real" Boston. This obviously allows you to save some money in a city where accomodations are quite expensive.