Penny Savings Bank Featured Open House

November 4, 2007 By

The 23-unique boutique luxury condo development in the former Penny Savings Bank is our Featured Open House of the week. Earlier this year, The pre-war bank in Boston’s South End was completely renovated and a glass enclosure was added to the top of the original structure to create what is now The Residences at Penny Savings Bank.

The white marble and granite exterior of the Bank offers various layouts from studios (roughly 800 square feet and an HOA fee of $239) to two-bedroom two-bathroom condos (roughly 1,600 square feet and an HOA fee of $494). Living areas offer finished concrete floors (perhaps not as nice as our favorites stained and scored floors at the Lofts at 36 A) or walnut hardwood floors. All kitchens feature Viking and Best appointments. The master baths have limestone floors and “river rock” shower enclosures. Some units include private terraces or roof decks. Parking is available in the onsite underground garage for an additional charge.

Note that with a new marketing agent taking over the property, the price range for units has been slightly updated, moving the low-end down from $665,000 to $595,000 ($730 per square foot).

The Penny Savings Bank joins the recently opened D4 Police Station Condo Development as a true landmark property in Boston real estate. Along Washington Street, the ground floor of the development will house two commercial units, the banQ Restaurant, as well as a Citibank branch.

Remember that Daylight Saving Time has ended today, so turn your clocks back before heading out to see these units. The Open House will take place on Sunday, November 4, 2007 from 2 – 4pm at 30 Union Park Street in Boston’s South End (northeast corner of Washington and Union Park).

For Buyer Representation by Boston Condo Guy, or for more information, use the ‘Contact Us’ link at the top of this page.

boston-penny-savings-bank-condos-18

boston-penny-savings-bank-condos-12

Filed Under: Boston Open Houses Tagged With: , ,

Daylight Saving Time Ends

November 4, 2007 By

Rise and shine Boston. Daylight Saving Time comes to an end today, November 4, 2007. Don’t forget to “Fall Back” one hour today.

Filed Under: Boston

Leachmore Point To Be Called Eleven West Broadway

November 3, 2007 By

Well, the people have spoken, when we announced earlier this year (see New South Boston Condos at Leachmore Point) that Pappas Enterprises was planning the development of a small, luxury boutique, condo development above the Red Line Broadway T-Stop, the anticipated name, Leachmore Point, received boos and hisses. Based on recent conversations with representatives from Pappas, the name will be changed, to the delight of many, to Eleven West Broadway.

Eleven West Broadway (formerly known as Leachmore Point) will break ground in March 2008, and speed through a condensed construction cycle. No preconstruction units will be sold according to Pappas, once the condo development is complete, units will then be opened up for sale.

Eleven West Broadway is slated to feature 64 high-end condos. The condo development will completely redesign and renovate the Broadway T-Stop (sounds good to us), and following suit with Pappas’ new vision for a better Boston, the building will be LEED certified (green), much like their newly completed Macallen Building across the street.

Initial design drawings that were released earlier in the year are being reworked, so stay tuned for more changes on this exciting new development in northern South Boston.

Filed Under: South Boston Condos Tagged With: ,

Boston Says No Thanks to $15 Million Price Tag

November 2, 2007 By

When the two penthouse units (1801 and 1802) at Trinity Place were combined into a single listing earlier this year, priced at $15 million, it was the highest priced condo to ever hit the Boston real estate market.

As we described in July (see Trinity Place Penthouse – $15 Million), the combined penthouse units boasted over 7,000 square feet of living space, 8 bedrooms, 8 bathrooms, 2 fireplaces, and 4 valet-parking spaces, along with a $10K per month HOA fee.

After more than 200 days on the market, the $15 million listing has been withdrawn. According to Maryann Taylor, the exclusive listing agent, parties were “interested” in the mega-penthouse unit, but, nothing came to fruition. The Seller has decided to move forward with separating the units, and has now placed unit 1801 on the market for $7 million.

In addition to the $7 million listing, there are two other condos available at Trinity place (see Trinity Place Listing Details). For more information, use the ‘Contact Us’ link at the top of the page.

Filed Under: Back Bay Condos Tagged With: ,

Avenir Boston Condos Now Luxury Rental

November 1, 2007 By

Following suit with Harborview at the Navy Yard, Avenir Boston, a large-scale 241-unit condo development in Boston’s West End is officially changing directions, and will now become a luxury rental development rather than for-sale condos.

A Dennis Duffy design, Avenir Boston was to play host to condos with price tags up to $1.5 million. When the Sales Center opened, they were only able to put one unit under agreement. If you call the Sales Center today, you receive a recording that states “reservations are not being taken”, and calls go unreturned.

Not to worry. Construction is moving on, and Trinity Financial, a Boston-based real estate development firm (also behind The Carruth in Dorchester), is anticipating a 2009 completion of Avenir, at which time, the building will be turned over to Archstone Smith for management.

We’ve received a lot of inquiries on Avenir, especially from those of you who work close to the construction site, in anticipation of purchasing a unit. Until 2009, and a rental at that, we suggest looking at Strada 234, which is quite close to Avenir and offers upscale living in a development that is about half the size of Avenir. 2 one-bedroom units are currently available at Strada 234 (priced at $455K and $549K). Contact us for further details.

Avenir Boston

Filed Under: West End Condos Tagged With: , ,

Condo Prices at InterContinental Boston

October 31, 2007 By

How would you like to enjoy the comforts of a home, but the amenities of a hotel? It’s been called the “Manhattanization” of Boston, and the trend is definitely not stopping any time soon. Boston is home to a host of what are known as condo-hotels, a combination of (typically) a five-star hotel with condo residences. The Boston Intercontinental is probably the most recent to open, and it will soon be followed by Battery Wharf (Regent Hotel), and then by the Boston W Hotel & Condos.

The Intercontinental is in a prime location, adjacent to the almost sprouting Greenway, overlooking Boston Harbor and the Fort Point Channel, and a horizon that includes the bustling Seaport District of Boston.

Boston Intercontinental residents have not been disappointed with the amenities, from high-end kitchens, to great light through floor to ceiling windows, not to mention all of the services the hotel provides – it’s a “valet lifestyle” (you heard it here first).

According to the Boston MLS, there are 10 condos remaining at the Intercontinental: View Boston Intercontinental Pricing Details. All of these units do include one deeded garage parking space in the heated underground garage.

For more information about the Intercontinental Boston Condos, feel free to contact us.

Filed Under: Waterfront Condos Tagged With: ,

One Condo Left at 360 Newbury…Still

October 29, 2007 By

You have more than likely seen the advertisements, walked by and/or stopped into Tower Records Virgin Megastore Best Buy on the ground floor of this loft-style condo development, you guessed it, 360 Newbury, at the intersection of Massachusetts Avenue and Newbury Street.

There is currently one unit remaining in this luxury development of 54 high-end condos with soaring ceilings, huge windows, high-end finishes, and a sophisticated loft feel. 360 Newbury, a Frank Gehry design, renovated in 2005, and the remaining unit, penthouse number 7, has been on the market for well over 200 days. It’s a 2,062 square foot, one-bedroom two-bathroom $1.795 million unit that does not come with parking, and has gone through a $200K price drop this year alone.

What’s keeping this unit from selling? The $870 price per square foot is somewhat typical of high-end concierge buildings in the Back Bay. The HOA fee of approximately $1,000 a month sounds relatively high, but 50 cents a square foot is a fair price given the amenities. The views, amenities, and craftsmanship are stellar in the unit. What’s missing? Parking – we hear repeatedly from buyers that they have no desire to drive around the neighborhood looking for a parking spot when they come home at night (especially if they are paying more than $1 million).

The Listing Brokerages, Otis & Ahearn, are currently offering the brokerage who represents the Buyer on the unit a $25K gift certificate to Best Buy. Boston Condo Guy would be committed to putting those funds towards the purchase or rental of a parking spot in the Back Bay area, please contact us more details about penthouse number 7, and the possibility of including parking in the purchase.

360 Newbury Condos

360 Newbury Condos

360 Newbury Condos

Filed Under: Back Bay Condos Tagged With: , ,

Channel Center Seaport District Lofts Open Houses

October 28, 2007 By

Our Featured Open House of the week is taking place at the Channel Center condo development in Boston’s Seaport District. The development, located at 25-35 Channel Center Street opened in 2004, a combination of a loft-conversion of an existing warehouse, and the development of a new modern lofty-style condo building.

You’ll have the opportunity to tour two (2) units today in the development, which is located just up the street from Fort Point Place (21 Wormwood Street), and still quite close to the under construction FP3 development.

Unit 406 is a 1,489 square foot loft priced at $589,000 that features great brick and beam detail. Garage parking is not included, but the Seller has agreed to pay for 2 years of parking fees in the Channel Center lot located just south of the development.

Channel Center Unit 405

Unit 411 boasts 1,337 square feet, and is priced at a $615,000. This loft features 12 foot ceilings along with a wall of windows, and includes one garage parking space.

Channel Center Unit 411

Channel Center

Both units will be open on Sunday, October 28, 2007. Unit 411 will be open from 1:00 PM to 2:30 PM, and Unit 405 will be open from 2:00 PM to 4:00 PM.

Filed Under: Boston Open Houses Tagged With: , , , , ,

Several Price Reductions at D4 Condos

October 26, 2007 By

Three of the remaining seven units at the D4 Condo Development in Boston’s South End underwent price reductions this morning. Units include the grand penthouse, moving from $3.2 million down to $2.9 million, Unit 6 (the unit on the far left of the building with the huge windows) moving from $1,385,900 down to $1,299,900, and finally, Unit 1, the corner unit with a private entrance that overlooks both Warren Avenue and Berkeley Street, moving from $1,399,900 down to $1,299,900.

For more information on the D4 Condos located at 7 Warren Avenue in the South End, feel free to contact us.

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

New FP3 Boston Condo Photos

October 26, 2007 By

The Seaport District of Boston is literally bustling with activity. FP3 Boston is the forerunner for the area, pushing through with development while others have been slowing, and doing a lot of the leg work in marketing the area. FP3 is now aiming for a Q2 2008 occupancy date, and you can see by the exclusive photos below, that construction is moving right along.

FP3 is a Congress Street condo development that includes the renovation of two existing buildings, the construction of a third infill building, and the creation of three upper-level floors set back from the street – all to create 90+ high-end loft-style condos.

Let’s start with the photo immediate below, which provides a good survey, seen from the northwestern end of Congress Street, looking back down towards the new convention center – immediately in the foreground is the fire house, the green mesh to the right of that is the new building being constructed, and the two buildings adjacent to the green meshing are the structures being renovated, thus making up the three building FP3 condo development.

FP3 Boston

The below two photos provide you slightly different angles of the construction, and most importantly, give a glimpse into the three-floor structure that is being constructed on top of the buildings, which will be set back from the street – these are the floors that will house outdoor terraces (see related story FP3 Boston Condos with Outdoor Terraces). For more information on FP3 Boston, please contact us.

FP3 Boston

FP3 Boston

Filed Under: Seaport District Condos Tagged With: , , ,
« Previous Page
Next Page »