Trinity Place Penthouse – $15 Million

July 30, 2007 By

Read all blog posts regarding Trinity Place by clicking on the Trinity Place tag above, or by using the search box in the upper right.

It’s now been over 100 days, and it does not appear as though there is a suitor for the most expensive condo to ever hit the market in Boston. Trinity Place, a 100-unit condo development dating back to 1999 construction created 2 penthouse units on its 18th floor, and through the foresight of a single individual, they have since been combined into what is now the highest priced listing to ever hit the Boston condo scene.

A 1,400 square foot gallery connects units 1801 and 1802, which together boast 8,500 square feet, 8 bedrooms, 8 bathrooms, 2 fireplaces, and 4 valet-parking spaces. Is it really a “condo”, well, that’s for you to decide. Don’t forget the $10,000 per month HOA fee.

Back in March 2000, the present owner had the foresight to purchase both of the penthouse units, 1801 and 1802, for $3.95 and $3.75 million respectively. Should the seller obtain a sales price anywhere near the asking price of $15 million, a handsome profit will be pocketed.

For more information, please contact us.

Trinity Place Penthouse

Filed Under: Back Bay Condos Tagged With: ,

Trolley House South Boston Condos

July 29, 2007 By

In late 2006, the Utile designed and Niskanen developed Trolley House had its 24 units swept off the market, with them never to be seen available again. With pricing in between $400,000 and $600,000, the Trolley House condos offered the square footage and amenities to draw residents outside of downtown to what is quickly becoming one of the chic places to call home.

Sounds good, but can you buy into this development at any time in the near future? Well, a unit (Trolley House Unit 5 Details) has recently become available, a 1,331 square foot unit being offered at $549,000. This particular unit was purchased almost one year ago to the day for $480,500. Based on current offering price, the owner is looking for approximately a 14% appreciation on the property, perhaps a bit steep given the respectable single-digit appreciation values that downtown markets have been seeing over the past year.

But it’s worth a look for yourself, there is an open house on this particular unit later today, Sunday, July 29, 2007 from 1-3pm at the Trolley House (335 West Second Street in South Boston). If you do attend, tell the showing agent that Boston Condo Guy sent you, and drop a comment here on this post to let everyone know your thoughts on the unit and the development. If you would like to make an offer on the unit, please contact us for Buyer Agent representation.

Trolley House Condos

Filed Under: South Boston Condos

Installing a New Central Air Conditioner

July 29, 2007 By

Are you considering the install of a new central air conditioner in your Boston condo? You can save energy and money – and stay cool- by buying an energy-efficient model.

Today’s most efficient air conditioners use between 30 and 50 percent less energy that models from 30 years ago to generate the same amount of cooling. Even if your air conditioner is only ten years old, replacing it may save you up to 40 percent in energy costs.

Consider these factors when shopping for a new central air conditioner.

Proper Sizing – Match the right unit to cool your home efficiently. A unit that’s too large will not adequately remove humidity, and one that is too small won’t cool enough on those oppressively hot days.

Season Energy Efficiency Ratio (SEER) – This measure indicates the relative amount of energy needed to provide a specific cooling output. Look for a model with a high SEER (much like you should look for a window air conditioner with a high ER). Many older systems have a SEER of 6 or lower. Residential central air conditioners made since January 2006 must have a SEER of 13 or higher.

Unit location, insulation, duct installation, and other factors also affect air conditioning efficiency. An experienced contractor can recommend a system that’s best for your Boston condo.

Filed Under: Boston Condos

Penny Savings Bank Opens to Residents

July 26, 2007 By

July has been a hot month for the new 23-unit boutique luxury condo development at the northeast corner of Washington Street and Union Park Street, Penny Savings Bank. The new condo development now boasts 6 of its 23 units as sold, and two residents have moved into the circa 1917 former bank and started calling it home.

The lobby is in the process of being finished off, and units are receiving their final touches, but the building is open to residents, and a good mix of floor plans are still available, with prices ranging from the mid $600’s to north of $1 million. The two commercial units on the ground floor of the development, along the Washington Street side, have been leased out to Citibank and the October 2007 planned French Asian eatery, Banq Restaurant.

Several units in the development have private terraces, and all residents will enjoy the common roof deck, offering stellar city views. Units at Penny Savings Bank are stacked with Viking appliances throughout the kitchen, contain washer and dryer hookups only, and will offer relatively low HOA fees, ranging from $300 – $500 per month – the HOA will be managed by Boston’s Urban Property Management.

Parking spaces are available for sale in the garage directly below the building. A single space will run you $65,000, and a tandem sleeve will run you $95,000. Having a parking space would offer you the possibility to build a storage unit, should it be up to city code.

If you are interested in calling one of the landmark properties of Boston home, please contact us for more information – we have access to Penny Savings Bank, as well as every single existing condo and new condo development for sale in the city of Boston.

In the exclusive picture below, notice that the former Silver Line bus kiosk has been removed from the front sidewalk.

Penny Savings Bank

Filed Under: South End Condos Tagged With: ,

Banq Restaurant to Open at Penny Savings Bank

July 26, 2007 By

As you may know, the 23-unit luxury condo development, Penny Savings Bank, in the South End recently opened to residents. In addition to the residential units that fill the former bank, two commercial spaces exist along Washington Street. One of those commercial spaces will be filled by Citibank (you cannot have a condo development called Penny Savings Bank without a bank involved, can you?). The second of the commercial spaces will be occupied by the Banq Restaurant, offering French cuisine with an Asian flare.

The Banq Restaurant will occupy approximately 6,600 square feet on the ground floor of the Penny Savings Bank development at Washington Street and Union Park Street at 1375 Washington Street (click for Google Map) in the South End.

Banq officially opened in February 2008.  Reservations can be made by calling 617.451.0077.  Their hours of operation are Monday – Saturday from 5:30pm to 1am, and Sunday from 5:30pm to 11pm.

Filed Under: Boston Restaurants Tagged With:

Luxury Beacon Hill Condos

July 24, 2007 By

Curious as to how far your dollar will go on the exclusive Beacon Hill neighborhood of Boston? We looked at the most expensive home in Boston that sold over the past week, and not surprisingly, it was on Beacon Hill.

34.5 Beacon Street Unit 17 sold for $3,800,000 after being on the market for only 44 days (granted, it was temporarily pulled off the market during the slow month of January). This high-end luxury Beacon Hill condo features 3 bedrooms, 3 bathrooms, 3 fireplaces, and sits on the 8th floor.

The private roof deck provides stunning city views, however, the $3,600 per month HOA fee for just over 3,000 square feet of living space is on the high side (valet parking, elevator, etc. is included). Beacon Hill is no stranger to high-end developments for discerning buyers, take the newly renovated Claflin Building for example.

For photos of 34.5 Beacon Street Unit 17, with a price tag of $3.8 million, see the below:

Luxury Beacon Hill Condos

Luxury Beacon Hill Condos

Luxury Beacon Hill Condos

Luxury Beacon Hill Condos

Luxury Beacon Hill Condos

Filed Under: Beacon Hill Condos Tagged With: , , ,

Available D4 Condos

July 23, 2007 By

For an updated list of condos available for sale at D4, or to sell your unit, please contact us.

The redevelopment of th South End D4 Police Station is now complete, and residents have found their way into their new homes. Currently, there are 6 remaining units in the 25-unit boutique development at the east end of Warren Avenue in the South End.

If you have the desire to call the D4 Condos, one of Boston’s landmark properties, your new home, please contact us for more information.

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

The Clarendon Back Bay

July 23, 2007 By

The moment you’ve all been waiting for, the initial images / photos for The Clarendon Back Bay condo development at the corner of Clarendon Street and Stuart Street in Boston’s Back Bay.

The planned 32-story, 440,000-square-foot residential tower will provide ground-level retail, below-grade parking, 200 rental apartments, and 150 condominiums. Among the many things that The Clarendon is bringing to the neighborhood will be features specifically designed to mitigate the winds caused by the John Hancock tower diagonally across the street.

Clarendon Back Bay

Clarendon Back Bay

Clarendon Back Bay

Filed Under: Back Bay Condos Tagged With: ,

Google Maps Technology

July 11, 2007 By

On Wednesday at 6 a.m. PDT, visitors to the Google Maps website will find a new tab called MyMaps, which allows you to be in the driver’s seat on creating maps using hundreds of mini-applications created by independent software developers to overlay data on top of Google’s popular online map service.

This could take any number of spins, anywhere from mapping out your open house weekend with pictures and video to overlaying your next Boston condo with crime statistics.

To get your started, let’s take a look at a base map of the Bryant on Columbus, and then overlay gasoline prices at nearby stations so you know where to fill up your car:

  1. Check out a quick MyMaps of the Bryant on Columbus condo development
  2. Once there, click on the MyMaps tab just under the Google Maps logo in the upper left
  3. You should now see some options under ‘Featured Content’
  4. Click on the checkbox next to ‘Gas Prices from GasBuddy.com’, which should then ask you for a zip code, go ahead and type in ‘02116’, click ‘Find Gas Prices’, and you’re off and running!

If you would like to experiment further, go back to step 2 and click on the ‘Add Content’ button, which will open up many more options. Happy map making!

Filed Under: Boston Condos

Boston Condo Search

July 10, 2007 By

What has helped you in your Boston condo search? More and more of our clients are starting their search for a Boston condo early in their home-buying thought process, giving themselves plenty of runway to find the right condo.

One of the easiest, and most effective, ways to keep you finger on the pulse of the Boston condo market is to sign up for free Boston condo updates in your email. You control all of the search criteria for these updates, allowing you to develop a handle on the condo market for the specific niche of properties in which you are interested.

Take the next step, and sign up for Boston condo updates today.

Filed Under: Boston Condos
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