Archive for February, 2008

No Real Estate Crisis in Boston

Bostonians are bombarded with talk of a “real estate downturn”, the buzz around town is that Buyers want to take advantage of the real estate crisis, sometimes we hear that prices are falling, and foreclosures are being touted as a widespread epidemic.
However, in the core of downtown Boston:

There’s no real estate downturn
Boston city center real [...]

Europeans Buy Boston Real Estate

We have been working with more and more Europeans over the past six months, all of whom are interested in purchasing downtown Boston real estate, not because the core of downtown Boston is in a real estate crisis (see No Real Estate Crisis in Boston), but because their “dollar” (i.e. Euro) is going a [...]

If you want to be close to the action of the soon-to-be very high end Bryant on Columbus and 285 Columbus Lofts, the penthouse at 290 Columbus Avenue may be a good fit for you. Located across the street from the two luxury developments, 290 Columbus Avenue is our Featured Open House of the [...]

The Boston Business Journal recently reported that sluggish sales at American Brewery Lofts are prompting the owners to offer discounts of $30,000 each to the first 20 buyers.
The American Brewery Lofts is a restoration of a former brewery west of Boston originally architected by Frederick Footman of Cambridge. The development is an elevator served [...]

Built in 2005, this Gateway Terrace Loft style three-bedroom two-bathroom duplex offers 2,789 square feet, as well as multiple outdoor private spaces. The kitchen boasts the de facto standards for luxury, and the master bedroom includes an en suite bath with television, steam shower, and rain showerhead (as well as ample closet space). [...]

Columbus Center Gets Reprieve

It was back on January 8th that we did a feature on Columbus Center (see Will Columbus Center Ever Be Built). At that time, the development team behind Columbus Center were under pressure to secure funding before a January 15, 2008 deadline to secure the necessary funding for the project to continue (after lenders [...]

Beacon Hill Condos

The narrow cobblestone streets of Beacon Hill, historic homes, and quaintly tucked-away brick rowhomes make this neighborhood one of the stateliest in all of Boston. Old school, high-end, classy shopping and eating are standard fare on Beacon Hill, the last of the three original hills of Boston.
For 2007, condominium sales statistics on Beacon Hill were:
Lowest [...]

We have been told that Park 461, a new 21-unit condo development in Boston’s Fenway neighborhood, has just received its Certificate of Occupancy - we provided some exposure to these condos in early January (see New Fenway Condos Viable Option to Renting). There are currently 8 units remaining for sale in the development, priced [...]

Following multiple price reductions in 2007, the Meads of Commonwealth lowered prices by roughly 3% on several units in mid-February, putting many of the boutique luxury units below the $1,000 per square foot threshold. Click on the below exclusive panoramic photo of the Meads o Commonwealth to get a feel for the grandeur of [...]

We have new exclusive photos of the Bryant on Columbus condo development along the northern side of Columbus Avenue on our new featured development page for the Bryant. We’ll be keeping a chronicle of the time series photos showing the construction of this luxury boutique development as it steams towards its currently anticipated completion [...]




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