Macallen Building Luxury Condos in South Boston

After a real estate agent roundtable at Aquitaine in the South End last night, we made our way over to the Broker Open House at the newly opened Macallen Building – you know the development, it’s the slopey, weird looking building that is next to Court Square Press in South Boston.

Macallen is touting itself as the first true “Green” condo development in Boston, and to tell you the truth, they are doing a pretty good job at providing South Boston eco-friendly housing.

Macallen Building

Making your way through a set of double glass doors, you enter a 24-hour concierge lobby that has ultra-posh sleek lines. We made our way up one of the two elevators to a reception, and to one of the highlights of the building, an outdoor patio with a lengthy, but slim, lap pool.

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44 Snow Hill

If we were to tell you that there was a small luxury condo development in the North End with the best craftsmanship available, you’d expect that it would be hard to get into the building, wouldn’t you? Well, after being on the market for over 130 days, and going through a price reduction to $499K in May, Unit 3 at 44 Snow Hill is still available.

44 Snow Hill

We’ve featured the development at 44 Snow Hill several times here, and we will continue to do so, because it is one of the most reasonably priced luxury condo developments out of all the new North End condos.

For more information on the two-bedroom, one-bathroom, 723 square foot Unit 3, please contact us.

44 Snow Hill

Macallen Condo Development Open House

We had the pleasure of stopping into the Broker’s open house tonight for the recently opened Macallen Condos in South Boston (at the foot of the Fort Point Channel). More information to come, along with new photos, on this eco-friendly condo development – 40% of the units are still available for sale, and some residents have already moved in.

Macallen

InterContinental Boston Gets Water Taxi Service

The InterContinental Boston added another amenity to its long list this week after they announced that they are now on the Boston City Water Taxi Service route.

InterContinental Boston Condos

The stop, based at the luxury condo / hotel development along Boston’s Fort Point Channel, is now part of City Water Taxi’s (based in East Boston) service route. Other stops include Boston Logan International Airport, Boston Children’s Museum, Black Falcon Cruise Ship Terminal, Long Wharf, and the World Trade Center among others.

Claflin Building Condos at 20 Beacon Street

Renovation of the Claflin Building at 20 Beacon Street is approaching completion, with an expected delivery date of July 2007.

Claflin Condos

The development includes three condominium flats at 2,400 square feet each, and one spectacular penthouse duplex boasting 4,000 square feet and a private roof deck overlooking the Back Bay and the State House. You’ll be steps away from The Federalist and Scollay Square restaurants, and your morning coffee can be had at the Capital Coffee House (the paper plates might keep you away, but they do make a mean French Toast).

These custom built condominiums will be outfitted with extremely high-end finishes, custom created chef kitchens and breathtaking architectural details. All residences at the Claflin Building include garage parking. Prices range from $2.395 million to $4.6 million.

Please contact us for more information, or to setup a showing.

Claflin Condos

Seniors Are Real Estate Blogging in Boston?

A recent National Association of Realtors member survey shows that those 60 and older make up the largest real estate blogging population in Massachusetts.

Real Estate Blogging Stats

A paltry 1% of Realtors in Massachusetts have a blog, compared to the national average of 4%. According to a new report from Gartner, less than 2% of all Internet users are frequent content contributors. Between 10% and 15% contribute occasionally and more than 50% are reading or watching what the communities are discussing (free-loaders?).

The rate at which the number of blogs doubles has slowed over the past several quarters (according to Technorati), so it is apparent at this point that those who are blogging now will make up the core of content contributors moving forward, and we will only see slight gains in additional bloggers in the future (granted, the numbers are still large, but only 13% of Realtors in Massachusetts who don’t currently have a blog say they plan to blog in the future). The lopsided numbers of Massachusetts versus the rest of the country is somewhat surprising given the strong base of tech-savvy web innovators in Boston.

From a Boston Condos perspective, the several top blogs in Boston real estate offer a “feet on the street” look at what is really going on in the market. The great thing about blogs, especially Boston condo related, is that they give you a timely and informative look at the happenings right down the street.

The Clarendon Back Bay

Get out your hard hat, construction continues on The Clarendon, a new construction building in the Back Bay, at the southeast corner of Clarendon and Stuart.

The Clarendon Back Bay

You may have accidentally stopped by the construction site yourself, in hopes of going to what was once the Back Bay Post Office (which is now on St James). The Clarendon Back Bay will be a mixed-use development, offering on the order of 400 residential units with an ownership and rental mix, a restaurant, and a new post office serving the Back Bay and surrounding areas.

The Clarendon Back Bay

The official condo development project address is: 131 Clarendon Street, 400 Stuart Street, and 390 Stuart Street.

Brockton Rox – Richard Davis of The Real Deal

Back in April, we highlighted the new Flip This House TV show starring Richard Davis, which is called The Real Deal The Real Estate Pros. In the special season opener for the show, Richard Davis made his way up to the Boston area to buy a piece of the Brockton Rox. At first, we had a hard time confirming that this was actually true, however, the Brockton Rox now display Richard as one of the eight Owners of the Brockton Rox on their front-office information page.

The Real Deal The Real Estate Pros TV show, following Richard and his crew, has definitely put out some decent episodes, but truly, it’s a neck-and-neck race for the best Flip This House show between The Real Deal The Real Estate Pros, and Flip This House – Than and Paul. The consistency between the two shows is that they follow around a good group of folks that are having a good time doing what they are doing, and making a good profit to boot. It’s hard not to watch the Flip This House – Montelongo Team, but there’s just something off with this show, you get done watching, and you feel like something shady has happened.

Harborview Navy Yard Condo Update

Interested buyers looking at Harborview Navy Yard should be happy to hear that move in day is scheduled for September 10, 2007. Approximately 20% of this new Charlestown Waterfront 224 unit condo development is sold, and there continues to be a great selection of floor plans available.

Harborview Navy Yard Condos

You can lock in on anything from a studio to a duplex penthouse, anywhere from $359,000 to over $1 million, along with at least one parking spot in the four-level parking garage below Harborview, as well as a storage unit.

Here is a general look at what you will get for your money at Harborview Navy Yard (note that each type of unit has a +/- range of around 300 square feet given the number of bathrooms and the overall configuration):

  • Studios (+/- 550 square feet) starting at $359,000
  • One-bedrooms (+/- 700 square feet) starting at $409,000
  • One-bedrooms plus a study (+/- 900 square feet) starting at $485,000
  • Two-bedrooms (+/- 1,000 square feet) starting at $509,000
  • Two-bedrooms plus a study (+/- 1,250 square feet) starting at $689,000
  • Premier Units (+/- 2,000 square feet with exclusive placement) starting at $1,077,000

Contact us to learn more and setup a visit to the sales center, and an appointment to tour the development itself.

Average Price of Condos in Boston

There has been an upswing in readers searching for average price of condos in Boston, and we thought we would answer the question based on information in the Boston MLS. Here is the average sales price for Boston* condos that sold during the past three calendar years, including the five months that we have seen thus far in 2007.

  • 2004: Average Price = $579,637
  • 2005: Average Price = $640,171
  • 2006: Average Price = $640,240
  • 2007: Average Price = $729,665

How accurate is this information? You need to take it with a grain of salt, or perhaps a few grains. This information represents the average price for all the condos that sold across Boston (note the selected neighborhoods below, focusing on the core of Boston only). Keep in mind, the average is heavily influenced by the mix of homes that sold during a particular year (i.e. 2007 is on track for more ultra-expensive homes to be sold than in 2006).

Whereas the average Boston condo price may not provide a completely accurate picture of market pricing, assessed values are oftentimes inaccurate as well, or perhaps sometimes not a fair representation of price for various reasons. Use the information as a guide, noting the items that can have a significant impact on the number.
*Back Bay, Beacon Hill, Chinatown, Financial District, Leather District, Midtown, North End, Seaport District, South End, The Fenway, Theatre District, Waterfront, West End