Back Bay Trinity Place Luxury Condos

October 14, 2008 By

Built in 200, Trinity Place, a 100 unit luxury condo development adjacent to the Boston Public Library in Back Bay, remains one of the most coveted places to call home in ht heart of the city.  The boutique feel, the professionalism of the valet staff, and the concierge staff provide a welcoming feel to residents of the 18-story building that sees approximately 5% turnover per year.

Currently, there are 6 units available at Trinity Place, including the two penthouse units, which at one time, were being offered as a single unit for (historically) a record breaking listing amount of $15 million.  HOA fees in the development average a little over $1.00 per square foot, and other onsite amenities include a gym with small locker rooms.

  • 205 – 1 bed / 1 bath, 846 square feet – $749,900
  • 906, 1 bed / 1 bath, 836 square feet – $765,000
  • 601 – 2 bed / 2.5 bath, 1,900 square feet – $2,200,000
  • 403 – 3 bed / 2.5 bath, 2,111 square feet – $2,350,000
  • PH1 – 3 bed / 3 bath / 2 half baths, 2,838 square feet – $4,500,000
  • PH2 – 5 bed / 5 bath / 2 half baths, 3,650 square feet – $7,000,000

The best bargain on the list is more than likely unit 906, which is a double exposure northwest facing condo that gets you just above the Boston Public Library and most surrounding rooftops.

Trinity Place 906

With ultra luxury residences like the Mandarin Oriental now coming online 1.5 blocks away from Trinity Place, it’s the consistent quality and attention to detail that will keep Trinity Place, and similar high-end developments, in demand for years to come.  For more information, please contact us using the link at the top of this page.

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Record-Breaking $17 Million Mandarin Oriental Boston Condo

October 9, 2008 By

In the midst of perhaps the most anticipated opening of a Boston condo development, the Mandarin Oriental can now lay claim to boasting it houses the most expensive Boston condo listing to ever hit the resale market in Boston at almost $17 million.  The 8,000 square foot Mandarin Oriental Boston penthouse (not double, but quadruple exposure) is listed at a record-breaking $16,990,000.

Details from the Boston MLS: Boston’s most awe inspiring Penthouse ever to be built!!!! 14 stories above Back Bay, this 8,000 sf oasis features floor-to-ceiling windows on 4 sides providing unmatched and unobstructed views of Boston’s skyline, Cambridge and the Charles River. Unique in every way this sprawling top floor residence includes two large terraces and two enormous private decks spanning over 3,000 sf, which can be accessed by private elevator truly allowing the city to become yours.

This new Boston Mandarin Oriental condo shatters the $15 million Trinity Place listing that was the previous most expensive condo listing to hit the Boston market (see Trinity Place Penthouse – $15 Million).  For more information, please contact us using the link at the top of this page.

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Mandarin = Affordable. Possible Typo?

September 27, 2008 By

The Boston Courant ran an insightful piece this weekend that gave some visibility into the Mandarin Oriental rental apartments that are now available for rent, and ready for move-in shortly.

New housing projects in the city of Boston with more than 10 units are required to include an affordable component with units “comparable” to market-rate units.  The Boston Mandarin Oriental Developer, CWB Boylston, LLC, is leveraging their apartment rental units to fulfill the affordability requirement, and interestingly, decided to bypass the “comparable” piece and make the affordable rental units the same as the market rate rental units.

A two-bedroom market-rate apartment…rented for about $12,000 per month. That same two-bedroom unit, [with the same finishes] will rent for $2,316 a month to a four-person household not making more than approximately $102,950, or 120 percent of the areas’s median income.

The 14-story residential tower will house 10 affordable rental units, along with 25 market-rate ones, all between floors four and eight.  While there are affordable units on the rental side, the for-sale condos, which sold out long ago, with some now going through resale (see Buzz Continues at Boston Mandarin Oriental) have no affordability component to them – recent closings on for-sale luxury condos at the Boston Mandarin Oriental include:

  • E-9C    $4,450,000
  • E-10B    $4,095,800
  • W-9D    $2,950,000
  • E-PH2    $13,089,000
  • E-10E    $5,685,420
  • E-10A    $5,616,300
  • E-9C    $4,450,000
  • E-9F    $2,223,920
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Clarendon Back Bay to Block Pope's View

September 25, 2008 By

In March 2008, we ran a story about the Clarendon (see Clarendon Back Bay Condos Looking Up), out of which came a conversation thread about whether the 33 story tower would block views of the Hancock Tower from the adjacent luxury Albert A Pope Building once the new ultra luxury Clarendon was complete.

Pope Building in Foreground

It was somewhat speculation in March what the situation would entail, but it is apparent now that the Clarendon Back Bay will indeed block views of the Hancock Tower from the Pope condo development. Inside sources connected to the Clarendon are stating that the building should top off in approximately 6 weeks time, and the 33 stories will definitely block views of at least the lower portion of the Hancock Tower.

There were two units available for sale at the Pope building earlier this year, both have since closed for $1 million+ each, with price per square foot averaging a little over $600.  Sales at the Clarendon appear to be strong, at a different price point ($1,100+ per square foot) entirely. Regardless of a direct view of the Hancock Tower, the 24-unit boutique Albert A Pope Building that sits above the Mistral restaurant will remain one of the premier condo developments along the Back Bay and South End border.

Clarendon Back Bay

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Buzz Continues at Boston Mandarin Oriental

September 9, 2008 By

As the sidewalks around the Boston Mandarin Oriental clear, Bostonians (and beyond) are buzzing about the ultra luxury hotel, rental apartments, and for sale condos that will soon be move-in ready.

Closings of the for sale condos at the property began last week, with several 9th floor units along with a 10th floor unit being recorded as sold – average sales price per square foot has been approximately $1,500.  In addition to the for sale condos in the development, there are 25 high-end luxury rental apartments that are coming online as available.  Opening of the Mandarin Oriental is slated for October 2008.

Boston Mandarin Oriental

In addition to the above-mentioned activity , there are six (6) Mandarin Oriental resale condos that are now available for sale (resale in the sense that they are being resold by owners who have not yet moved into the units).  One of the currently for sale condos available is unit W-10B, a 3,564 square foot 3-bedroom 3.5-bathroom corner unit over Boylston Street in the west building adjacent to the Prudential Center shops – this unit is priced at $6,500,000 ($1,824 per square foot) and includes two garage parking spaces, while HOA fees are $5,500 per month, and include such things as hot water, water, sewer, master insurance, security, elevator, exterior maintenance, landscaping, extra storage, refuse removal, valet parking, and garden area.

The Boston Mandarin Oriental (condos) are perhaps the only downtown condo development that completely sold out well before a prospective Buyer could step foot in a finished unit, and it was done via an almost invite only type sales process.  The six available resale units offer potential Buyers a chance to partake in what will be one of Boston’s most exclusive properties.

A breakdown of the currently available for sale units in the building is noted below.  For more details about each unit, and/or to setup a private showing, please contact us.

  • E-10H 1,437sf 2bed 2bath $2,200,000 (1 parking space)
  • PH1-C 5,000sf 3bed 4.5bath $12,500,000 (2 parking spaces)
  • W-10C 2,683sf 3bed 2.5bath $4,295,000 (2 parking spaces)
  • W-10B 3,564sf 3bed 3.5bath $6,500,000 (2 parking spaces)
  • E-11F 1,830sf 2bed 2bath $3,050,000 (1 parking space)
  • E9-B 2,580sf 2bed 2.5bath $3,995,000 (1 parking space)

Important to keep in mind is that for views of the Charles River (for front facing units) and beyond, one really needs to be on at least floor 10, while the view opens wider on 11 and each floor after that.  Commercial spaces within the complex will be occupied by Gucci, Freete, L’Espalier, and Sel de Le Terre.

Boston Mandarin Oriental

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Facade Visible at Bryant on Columbus

September 6, 2008 By

Columbus Avenue, slicing the Back Bay and the South End, is home to multiple condo developments, both new and old.  285 Columbus Lofts recently completed construction and is approximately 90% sold.  While just a stone’s throw from that site at the corner of Clarendon and Columbus is the Bryant.

We’ve been tracking the Bryant since before it broke ground, and provide the only exclusive time-series photo set of the development through construction (see Bryant on Columbus).  Recently, the Bryant began revealing its face to the outside world.  Moving away the construction tarps, Bostonians are getting their first look at the facade of the Bryant on Columbus, and it appears as though it will do a good job of blending a clean, and perhaps stately, polished looking finish with the older neighboring buildings.

Bryant on Columbus Facade

While nearby residents to the Bryant have not enjoyed the constant construction noise, they will be happy to know that their property values will go up as a result of having a boutique luxury building nearby, beautifying the area along Columbus, and injecting more demand into local businesses.

The Bryant on Columbus currently lists 11 units, only part of their existing inventory, available in the MLS, providing a good feel for what is available in the building – mainly three-bedroom units, as well as an unprecedented four-bedroom unit, all ranging in size and price from approximately 1,900 to 2,800 square feet and $1,550,000 to $2,950,000 (penthouse).  The Bryant will be a unique addition to the area, for more information and/or to setup a tour of the sales center, please contact us.

Bryant on Columbus

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New Listing Available at The Prince

August 20, 2008 By

In addition to the shopping and ice cream on Newbury Street there are several condo developments, including 360 Newbury and the Prince.  The Prince is a 36-unit development at 201 Newbury Street that does not see a tremendous amount of turnover.  However, earlier this month, unit 506 at the Prince, a 2 bedroom 2.5 bathroom condo sold for $770K after being on the market for almost 6 months – at 1,314 square feet, the unit offered a competitive $586 Back Bay price per square foot. Additionally, unit 309 at the Prince, a 1 bedroom 1 bathroom is currently Under Agreement after being listed for only 8 days at $687,500 ($700 square foot) .

The most recent listing at the Prince, unit 302, represents a rare opportunity to purchase a true Newbury Street condo (Newbury and Exeter Streets) in a concierge building.  Priced at $835,000, this is the two bedroom Back Bay condo that many are searching for, boasting 2 bedrooms and 2 bathrooms along with 1 fireplace spread over 1,097 square feet ($761 per square foot) with a common roofdeck.  The $699 monthly HOA fee includes heat, hot water, master insurance, security, elevator, landscaping, and snow removal.

For more information on the Prince condo development, and other Newbury Street condos, please contact us using the link at the top of this page.

Prince Newbury Street Condos

Prince Newbury Street Unit 302

Prince Newbury Street Common Roofdeck

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285 Columbus Lofts Roofdeck

July 11, 2008 By

So how’s the view from the common roofdeck at 285 Columbus Lofts? Stunning. But perhaps more exciting is what’s been happening inside at what is one of downtown Boston’s hottest new high-end properties. Pat Cutter and Elaine Dolley (the real estate salespersons representing the seller) have blazed a trail, selling 49 of 63 units in the loft-style development, positioning themselves to take a real run at selling out the entire building in less than one year (a rather unheard of feat for a building of its size and price point in the Boston market). The majority of the units that have sold at 285 Columbus Lofts sold in preconstruction, before doors ever opened to residents in May 2008.

View from 285 Columbus Lofts Roofdeck

Back to the roofdeck…the deck is situated in what seems to be an ideal spot, with the Hancock building towering behind you, the Financial District skyline to your left, and the South End front and center. Click on either of the two exclusive pictures to enlarge them. In terms of remaining units at the loft-style development, one-bedroom units are priced in the mid $500K to mid $600K range, while the least expensive two-bedrooms that remain are priced starting at $975K (on the Columbus Avenue side). For more information, feel free to contact us using the link at the top of this page.

View from 285 Columbus Lofts Roofdeck

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Copley Place Tower Plans Under Review

June 30, 2008 By

Simon Property Group has officially submitted its plans for a 54,000 square foot addition to the Back Bay Neiman Marcus store, a 60,000 square foot addition of retail / restaurant space, and a 660,000 square foot residential 47-story condo tower that will offer 280+ condos.

The new Boston condo development, slated to be located at 5 Copley Place and called Copley Place Tower, could change the below (current) landscape of the southeast corner of Dartmouth and Stuart Streets substantially.

Site of 5 Copley Place Tower

There are two upcoming city meetings that will cover the new Copley Place Tower – should you want to have in-person knowledge of what is happening around this development, or have comments, for or against, consider attending these events.

Thursday, July 10, 2008 – 8:00 am – 10:00 am: Copley Place Expansion Citizens Advisory Committee Meeting #2, Tent City Apartments – Community Room located at 130 Dartmouth Street

Tuesday, July 15, 2008 – 6:30 pm – 8:30 pm: Copley Place Retail Expansion and Residential Addition project, BRA-sponsored public meeting on the Project Notification Form, Boston Public Library, located at 700 Boylston Street.

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Clarendon Back Bay Plywood Siding

June 25, 2008 By

You may have this question as well, as we have fielded multiple questions over the past several weeks as to what exactly the plywood siding on the soon-to-be luxury condo development, the Clarendon Back Bay, is all about.

If you haven’t noticed, things are moving quickly at the Clarendon, with construction crews pouring a floor approximately every four days, along with multiple dump trucks hauling excavated dirt from underneath the development for the parking garage. This speed is due in part to one of PERI Formwork Systems products, that is, the plywood casing around the building. PERI is the biggest provider and manufacturer of formwork and scaffolding systems in the world, and have participated in several projects in Boston, including the Regatta Riverview Residences in Cambridge.

Clarendon Back Bay Plywood Siding

The plywood formwork system that is climbing up the sides of the Clarendon serves multiple purposes. It provides safety for construction workers, while at the same time, increases their productivity (you feel more comfortable working at 20 stories off the ground if there is a plywood room surrounding you and preventing a fall). It also shields the property from the elements during its formative stages.

Given the pace at which the Clarendon is being constructed, the scheduled late 2009 completion date actually looks realistic, a change from other downtown Boston condo projects that have been bogged down by, sometimes multiple, construction delays, which push off completion and occupancy.

For more information about the Clarendon, please contact us using the link at the top of this page.

Clarendon Back Bay Plywood Siding

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