Bryant Back Bay to Auction 10 Luxury Condos

After multiple project occupancy delays, changes in listing brokerages, and amongst rumors swirling this past week, the Bryant Back Bay condo auction has been announced by Accelerated Marketing Partners.  The auction event, slated for Saturday October 17th,  will offer 10 luxury floor-through direct elevator access units with minimum bids starting at $1,075,000.

Similar to the recently announced Nouvelle at Natick auction (see Nouvelle at Natick Condo Auction), the Bryant Back Bay, a somewhat boutique 50-unit development, is currently advertising that only 10 of its some 45 available units will be brought to auction, in an effort to eventually kick-start market sales of other units, a tactic that has not yet been tested in the downtown Boston market.

The property is available for previews September 22 – October 16 (Monday to Sunday noon – 6 PM) onsite at 303 Columbus Avenue Boston, MA 02116.

The auction will take place on Saturday, October 17, 2009 at the The Colonnade Hotel located in the Back Bay at 120 Huntington Avenue Boston, MA 02116.

Bryant Back Bay Auction

Comments

  1. bosobserver09 says:

    How much do you think these will end up going for??? esp the 1.075M ones?

  2. Erica Farthing says:

    I’m very curious to see the results of this auction. Unlike the others we have seen recently (The 1850, Longwood, etc.) the minimum bid of $1.075M make it a whole other ball game! Especially, the fact that only 10 units will be up for auction as opposed to several units up for auction to sell out the building.

  3. It is a ‘whole other ballgame’ also because this is the first truly high-end building going to the auction block – will be hard for people to continue to argue that the high end market is immune from the downturn. Downtown Boston finally feeling what the rest of the country started to see a couple of years ago…