Meads of Commonwealth Price Reductions

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 the development.

Meads of Commonwealth Condos

Seven units remain at the boutique 13-unit redevelopment, including the grand penthouse listed at $5.5 million. These are stunning residences that we have written about many times before (see Meads of Commonwealth Blog Posts). Given the pricing inconsistencies, these units may have been passed up before, but they are absolutely worth a look if you are in the $2 million +/- property range.

Boston Condo Development Cream of the Crop

As we draw closure to 2007, it’s time to take a look at some of the top available options for 2008 in Boston condo developments. It’s actually quite difficult to single out the cream of the crop in the downtown Boston market because there are so many options for Buyers currently as great product continues to hit the market, and let’s face it, different developments suit different needs and lifestyles. With there being truly a large number of gems in the core downtown market, we are unfortunately skipping over many top-notch properties. We’ll continue to cover the entire market with in depth features, but, here is our short all around list, with straight-forward honest talk, for 2008.

  • Court Square Press – the Court Square Press building in northern South Boston has a good historical story, but it may be the recent completion of its sister property, the Macallen, that catapults Court Square Press itself to our list. With the completion of the Macallen, the concierge-served residents of Court Square Press now have access to an absolutely gorgeous 20,000 square foot plaza with grills and a lap pool, as well as a high-end screening room with kitchen and bathroom that can be reserved by residents for private parties. Many units in Court Square Press feature loft-style brick and beam living, and recent upgrades to the in-house fitness center are stellar. Some of the only drawbacks to Court Square Press are some units receive poor light, and some residents have voiced concern over noise cancellation, however, apparent concerns have decreased significantly in this area. In the past, location may have been called a drawback to this development, however, there are multiple condo developments that are popping up adjacent to Court Square Press, and this is driving commercial entry into the area, turning northern South Boston into one of the hottest areas of the city.
  • Bryant on Columbus – we’re going out on a limb in placing the Bryant on the list, namely because it is not complete yet. Nevertheless, the Bryant will offer lauded three-bedroom floor-through units with soaring ceilings and high-end amenities. The location will put you on the border of the neighborhood feel of the South End, and the “city living” surrounding Copley Square. Good inventory remains in the building, so great choices are still available at the Bryant, with an anticipated completion date of August 2008. Potential owners still need to consider heavily the location of their unit, and the natural light that will be available – the units will have excellent southern exposure, but will be in close proximity to the large 131 Dartmouth building behind it. Outside of a lack of multiple exposure windows, the only remaining drawbacks to the Bryant could be a 5-day concierge (however, HOA fees are substantially lower than similar direct-elevator luxury buildings), and the lack of excellent city views.
  • 44 Snow Hill – this was a five-unit high-end renovation of a classic North End property. The last of the units sold in late July 2007, and we’ll need to keep our ears to the ground for a resale opportunity at this boutique development. Superb craftsmanship and exquisite finishes highlight the property. With only a two minute walk to the Waterfront, high ceilings, modern kitchens, and superb baths, 44 Snow Hill will be a diamond in the rough for a long time to come. Perhaps the only drawbacks to these units would be the laundry being communal in the basement, rather than having in-unit facilities, and parking is available for rent across the street rather than direct access.
  • Meads of Commonwealth – we’ve written a fair bit about the Meads of Commonwealth, and for good reason, it is one of the finest properties in west end of the Back Bay. The quality of these units are unparalleled, the fixtures and amenities are truly spectacular. The units at the Meads are flowing floor-throughs, many with superb entry ways, and all with direct elevator access. What’s missing, well, perhaps a concierge, which for a property of this caliber, has been overlooked. The location of this boutique high-end development could be looked at as a minus, with it being away from the hustle and bustle of Newbury Street shopping or the tranquility of the Public Garden.

No list is going to be perfect. Bottom line, the condo options available across the core of downtown Boston are stellar, all of them accommodating different needs and lifestyles through various amenity levels. For more information on the above-mentioned developments, or to discuss any of those we did not cover in this blog post, feel free to contact us.

Prices Slashed at Meads of Commonwealth

All eight of the remaining units at the ultra luxury Meads of Commonwealth have undergone a price reduction over the past month, the most recent move saw 6 of the 8 units cut in price by as much as $200,000.

Remaining 2-bedroom 2.5-bathroom units are approximately 1,800 square feet, and range in price from $1,699,000 to $1,950,000. 3-bedroom 2.5-bathroom units are approximately 2,400 to 3,100 square feet, and are priced from $2,550,00 to $2,615,000. The 3,800 square foot 3-bedroom 3.5-bathroom grand penthouse with vast outdoor space is priced at $5,500,000.

For more information, or to setup a showing, feel free to contact us.

Meads of Commonwealth

Meads of Commonwealth Open House

After moving to a new listing brokerage, the Meads of Commonwealth, 13 luxurious and unique units in Back Bay have a renewed push, and some slightly lower prices (i.e. the penthouse unit was dropped from $6.2 million to $5.5 million), the development is our Featured Open House of the week.

9 units remain at the Meads, which was completed in 2007. Residences are priced between $1,875,000 and $5,500,000, and include at least one garage parking space under the development, private and direct elevator access, and many other amenities.

Based on our many Meads of Commonwealth Blog Posts, you can tell we think the units are exquisite, and the amenities are almost unmatched. The Meads combine class and style in units that have excellent flow. Aside from the penthouse unit that has over 2,000 square feet of outdoor space, the other units would be better served by having some of their own, but soaring ceilings and windows to match provide superb light otherwise.

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The Open House, located at 413 – 415 Commonwealth Avenue will take place Sunday, September 23, 2007 from 12:00 PM to 1:30 PM. Please tell them that Boston Condo Guy sent you, and after you return, drop a comment on this blog post to let everyone know your thoughts on the Meads. If you fall in love and would like to write an Offer, please contact us.

Meads of Commonwealth

We had the pleasure of stopping in to visit the Meads of Commonwealth condos this evening. We’ve seen a lot of Boston condos, but the Meads really are second to none. The thirteen unique Meads of Commonwealth residences are currently spread across three buildings at 413, 415, and 419 Commonwealth Avenue, range in size from 1,827 to 5,711 square feet, and in price from $1.875 million to $6.2 million.

Some of the striking features of the Back Bay Meads Condos are:

  • Stunning ceiling heights in the majority of the units – some units have 12 foot ceiling heights, with the lowest being in the eight to nine foot range
  • The sheer expanse of the units – you could literally get lost in some of these units, they just flow from room to room, and amenity to amenity
  • Excellent craftsmanship across the board – gleaming hardwoods, tasteful crown molding, and solid one and three quarters inch doors
  • High-end finishes – gourmet kitchens with Sub-Zero and Bosch appliances, laundry rooms with Bosch washer and dryers along with custom utility sink, custom closets in the master suites, classy frosted glass on some of the master suite bathroom doors

There has been quite a lot of traffic that has flown through the sales center (Unit 2, the model unit that serves as the sales center headquarters has actually sold, and the new owners will be moving in within the next several weeks). Thus far, three of the thirteen units have sold, and two are currently being negotiated (including the 5,700 square foot $6.2 million penthouse.

The penthouse is overwhelming, a sheer delight to walk through, along with the jaw-dropping 2,000+ square feet of terrace space. The developers continue to entertain and accommodate customizations, and will continue to do so, even with occupancy right around the corner.

The Meads of Commonwealth are a real delight. For current availability and buying information, please contact us.

Meads of Commonwealth Condos

Meads of Commonwealth Condos

Given that Boston has more millionaires than New York, a developer saw that fact and has built The Meads of Commonwealth Condos, residences that cater to the most demanding buyer.

All 13 of the Meads of Commonwealth Condos are unique in shape and size, but elite craftsmanship and fine finishings were not spared. The Penthouse is truly one of a kind, and the Meads will serve to not only provide an exquisite home to buyers who can afford to purchase a residence, but also to better Boston’s Back Bay as a whole.

The Meads are currently available for purchase and start at $1.8 million for a 7 room, 2 bedroom, 2.5 bath Brownstone.