Clarendon Back Bay Condo Photos

February 18, 2009 By

To the surprise of many working in the John Hancock Tower, the Clarendon Back Bay has shot out of the ground to quickly become the building’s tallest adjacent neighbor.  It is estimated that approximately 15 of the 104 condos in the development slated for a late 2009 opening are Under Agreement.  Pricing for studios at the Clarendon Boston begins at $695,000, and goes well past $5 million for the highest floors in the building known as “the tower”.  View a sample of listings (PDF 210 KB) for more further information.

Readers have been requesting updated photos of construction at the Clarendon, and we have these exclusive photos to share with you.

Clarendon Boston

Clarendon Boston

Clarendon Boston

Clarendon Boston

Clarendon Boston

Filed Under: Back Bay Condos Tagged With: ,

Prices Slashed at Mandarin Oriental Boston Penthouses

December 11, 2008 By

News on December 2, 2008, of the first price reduction at the luxury Residences at the Mandarin Oriental Boston at 776 Boylston St Boston, MA 02199, was quickly followed by two additional price reductions, this time on the penthouse level.

Search the latest Mandarin Oriental Boston condos for sale and rent.

Unit PH1-C, a 5,100 square foot 3-bedroom 4.5-bathroom accompanied by 2 parking spaces was reduced on December 5, 2008, from $12,500,000 to $9,950,000.  The massive outdoor terrace and deck space (1,000 + square feet) of this unit, now priced at $1,951 per square foot, is much more in line with the average price per square foot of $1,970 for all current resale listings at the Mandarin.

Unit PH 1-D, a 2,000 square foot 2-bedroom 2.5-bathroom unit that is accompanied by 1 parking space was reduced on December 9, 2008, from $7,000,000 to $5,500,000.   Despite the large private roof deck boasting superb views, the $2,750 per square foot price tag is still grossly out of line with other price per square foot numbers in the 50-unit building.

While statistics have shown a luxury market slowdown hitting Boston, these price reductions simply bring units that were priced well above the curve back toward the average of currently available Boston Mandarin condos for sale.

Filed Under: Back Bay Condos Tagged With: , ,

First Price Reduction at Mandarin Oriental

December 5, 2008 By

After 49 days on the market, unit W-11A at the ultra luxury Mandarin Oriental is the first resale unit in the building to undergo a price reduction.  Originally listed at $5,570,000, the luxury 3,100+ square foot unit was reduced in price by $420,000 (7.5%) on December 2, 2008 to a new asking price of $5,150,000 ($1,620 per square foot), putting it well below the average price per square foot of $1,970 for current resale listings, but still above the $1,416 average price per square foot mark for the original set of sales in the building.

Unit 11A in the west building is a front-facing corner unit that boasts two bedrooms and an additional library / den space on the 11th floor. The unit boasts a terrace with views of the Charles River and Back Bay, along with direct elevator access, and two deeded garage parking spaces.  Monthly HOA fees for the unit are approximately $3,677.

Statistics for currently available Boston Mandarin Oriental condos:

  • Listings: 10
  • Average Price: $7,489,400
  • Median Price: $6,900,000
  • Minimum: $2,200,000
  • Maximum: $16,990,000
  • Average Price per Square Foot: $1,970
  • Average DOM: 103

Condos at the Mandarin are spread across its two east and west buildings along Boylston Street, above the street level commercial spaces, and the minimum $495 per night hotel rooms.

For more information on available condos for sale at the Mandarin, contact us using the link at the top of this page.

Boston Mandarin Oriental Condos (West Building)

Filed Under: Back Bay Condos Tagged With: , ,

Luxury Back Bay Penthouse Reactivated

December 1, 2008 By

The Back Bay is no stranger to ultra luxury real estate listings, and the penthouse unit at 294 Newbury Street (known as the Providence on Newbury) sets the luxury bar high overlooking Newbury Street shopping and dining.  If the seen and be-seen oasis of the Back Bay’s Newbury Street is right for you, the direct elevator access penthouse unit at the Providence offers high-end living both inside and outside, along with adjacent alley parking.

Originally listed for $5,000,000 on April 15, 2008, the penthouse unit stayed on the market for 132 days before being canceled on August 25, 2008.  At that point, the listing was put back into the Boston MLS system at a new price point of $3,995,000.  The condo appears to be on a month-to-month listing, as it has gone expired and reactivated on the 1st of October, November, and now, December.

294 Newbury Street Dining Room

We first toured this building in the height of construction in May 2007 (see Providence on Newbury Condos), and the building, and especially the penthouse, has come a long way in fulfilling the developer’s vision.  The hot tub, grill, and audio / video capabilities on the 70+ square foot outdoor deck overlooking Newbury Street caps this unit off.

However, the penthouse unit at 294 Newbury Street currently has some stiff competition in the Back Bay luxury condo market, with nine resale units available at the recently opened Mandarin Oriental.  In fact, on a price per square foot basis, the Providence on Newbury penthouse is more expensive than the three Mandarin Oriental condos under $5 million listed below.

  • E-10H 1,437 square feet 2bed 2bath $2,200,000 (1 parking space)
  • E-9F 2,557 square feet 2bed 2.5bath $2,554,000 (1 parking space)
  • E-11F 1,830 square feet 2bed 2bath $3,050,000 (1 parking space)

Choices abound in the Back Bay, and throughout the city for that matter, allowing buyers to be quite particular about what they purchase.  As it relates to the Providence on Newbury, if a boutique feel and easy access to shopping and dining is a must, as well as the hustle and bustle of downtown life, it’s worth your consideration.

294 Newbury Street Master Bath

Filed Under: Back Bay Condos Tagged With: , , ,

Recently Sold Condos at 360 Newbury

November 13, 2008 By

Since it was converted in 2005 to a luxury loft-style condo development, 360 Newbury in Boston’s Back Bay has been coveted as a true urban oasis.  On the southeast corner of Newbury Street and Massachusetts Avenue (above Best Buy), the 360 Newbury development greets residents with a sleek concierge-served lobby off of a Newbury Street entrance, and condos boast downtown skyline views, and high-end finishes and fixtures.

Boston 360 Newbury Lobby

In 2008, there have been two 360 Newbury condos that have sold, and there is currently one on the market for sale. Average price per square foot for the units that sold in the building was approximately $767.  Unit 405, a 1,342 square foot two-bedroom two-bathroom unit sold for $1,125,000 after 47 days on the market, and unit 603, an 847 square foot one-bedroom one-bathroom condo sold for $590,000 after 52 days on the market.  Neither of the units came with a parking space.

Turning to the present, unit 508, a 1,141 square foot one-bedroom two-bathroom unit is listed at $885,000 ($776 per square foot), and has been on the market for 21 days now.

Boston 360 Newbury Unit 508

Boston 360 Newbury Unit 508

Filed Under: Back Bay Condos Tagged With: , ,

Resale Condos for Sale at D4

November 5, 2008 By

After opening to the public in late 2007, the D4 Police Station redevelopment in the heart of the South End now boasts resale condos for sale.  The 25-unit boutique Philippe Starck building is almost sold out, with currently one developer unit remaining for sale.

The resale unit is number 11, listed at $729,000 ($914 per square foot), it is a 798 square foot one-bedroom one-bathroom condo with a small outdoor terrace and a tandem garage parking space in the below grade onsite parking garage.  Condo fees of approximately $651 include heat, hot water, gas, water, sewer, master insurance, security / concierge, elevator, exterior maintenance, landscaping, and snow removal.  Unit 11 is on the second floor of the four D4 condo development,  on the north side, overlooking the one-way Gray Street.

Unit 11 offers essentially all the upgrades you could get in the development, including outdoor space, marble bath and kitchen, high end appliances, and parking, however, the difference in price per square foot of the unit compared to the remaining developer corner unit (number 13, a two-bedroom two-bathroom 1,426 square foot unit priced at $835,000 ($586 per square foot)) is significant.  Also, there’s steep competition in the area given the recent price reductions at 285 Columbus Lofts, where an eighth floor one-bedroom one-bathroom 753 square foot unit is priced at $615,500 ($817 per square foot).

While this D4 resale condo (number 11) is superb (see pictures below), given the plethora of luxury condos in the South End available for sale, it may not be priced competitively to sell, time well tell.

D4 Condos Unit 11

D4 Condos Kitchen

D4 Condos Bathroom

Filed Under: South End Condos Tagged With: , , ,

South End Concord Baptist Church Redevelopment

October 29, 2008 By

The BRA recently held a Small Project Review of the proposed redevelopment of 199 West Brookline Street (Concord Baptist Church).  At the meeting, Peter Zagorianakos, the proposed  developer, presented updated plans of the project. Highlights include:

  • 9 market rate condominiums
  • Parking in basement accessed via an elevator off Warren Ave at the location of the existing double doors.  The opening will be widened to 8′-3″ and new mahogany double leaf doors will be installed.
  • Original roof lines will be recreated, excepting the addition of two small dormers and skylights. To achieve this, current roof structure will be removed and replaced with a new structure.
  • North and south walls will also have to be largely rebuilt with the stated intention of recreating the original brick detail.
  • 4 sets of non-operable windows are proposed for the West Canton Street side

Attendees at the project review expressed concern about vehicle access off Warren Ave.  Concerns centered on noise and safety of pedestrians.  The developer stated that an audible alarm announcing cars leaving the elevator is not a requirement.  He offered the possibility of mirrors to allow drivers leaving the elevator to see pedestrians on the sidewalk.  Kristin Kara of the BRA stated that the City’s traffic department will review the project design. The developer also indicated that, for a number of reasons, access to the garage from the alley is no longer under consideration.

Concern was also expressed about potential construction impacts.  The developer estimated construction would last approximately 18 months, during which time  he will need to lease several on-street parking spaces on Warren Ave from the city, a common practice.  HVAC equipment will be on the roof, only partially visible from the street.

Some that have been connected to the progress of this proposed development state that the updated plans represent movement on the part of Zagorianakos toward a project that preserves the architecture of the existing church and is one the neighborhood can support.

Plans may be reviewed at the Office of the Secretary of the BRA, Room 910, Boston City Hall between 9:00 AM and 5:00 PM, Monday through Friday except legal holidays.  The phone number of Boston’s Planning and Economic Development Office is 617-722-4300.

Filed Under: South End Condos Tagged With: ,

W Boston Residences Update

October 16, 2008 By

With construction of the Boston W Hotel & Condos moving quickly (see exclusive video below), the developer’s sales center has recently opened its doors, and is now ramping up its staff to accommodate interested Buyers – please contact us to setup an appointment.

On Tuesday, October 14, 2008, with the final piece of steel being put in place, the “topping off” ceremony marked the end of steel construction on the Boston Hotel and Residences – work with now continue on the facade and interior.

Unlike some of the other high-end developments in the city, the developer of the W Boston Residences has decided to immediately release all units in the building for sale under preconstruction pricing (most oftentimes, you will see a phased release of units into the market). Bear in mind that (preconstruction) prices will tend to fluctuate as residences are sold, and rather than releasing a price list to the public, unit prices are provided as interest in specific residences is shown through sales center appointments. For planning purposes, you can assume that overall price points will be similar to new full-service luxury buildings such as the Intercontinental ($900+ per square foot) and the Clarendon Back Bay ($1,100+ per square foot).

Construction is still on track for a Fall 2009 completion. Condos at the W will begin on the 16th floor, and top out at the 28th floor penthouse. The approximate 235 hotel rooms will be on lower floors, garnering condo residents preferential city views. Floors 16 through 27 will house 9 to 10 units per floor, including an occasional 500+ square foot studio unit, while the penthouse level will be home to 5 generously sized condos, 3 of which will offer commanding views.

Filed Under: Theatre District Condos Tagged With: , , ,

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.

Filed Under: Back Bay Condos Tagged With: ,

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.

Filed Under: Back Bay Condos Tagged With: , , ,
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