East Pier Boston Condo Development

June 9, 2007 By

Construction is steaming along on the $110 million East Boston Waterfront condo development called East Pier (formerly known as Portside at Pier One), situated right next to beautiful Piers Park. The East Pier condo development will encompass eight buildings, and offer almost 500 residential units along with East Boston Waterfront.

Everybody in East Boston is talking about East Pier, it’s going to be huge, 500 units along the Waterfront literally built on a pier, with parking underneath!” says one East Boston resident.

The East Boston enclave is busting with development and renovations. We’ve featured a property on Webster Street lately, and will have a feature on a single-family Victorian rehab within the next month.

Filed Under: East Boston Condos Tagged With: , , ,

East Boston Waterfront Condos Price Drop

June 8, 2007 By

We had the pleasure of stopping in to see the rehab work at 261 Webster Street in East Boston yesterday. The renovations looks great, and the views look even better. A real neighborhood feel with water views from every unit, and now, a price reduction, making the three units that much more affordable.

Unit 1, with a private balcony and deeded yard rights perfect for the green thumb in you, is now being offered at $309,000. Unit 2, with beautiful French doors leading out to a private balcony with partial city and full water views, is now being offered at $339,000. And Unit 3, the penthouse, which offers unparalleled views of the city via a private deck and deeded roof rights, is being offered at $359,000. East Boston waterfront condos at less than $400 per square foot, not bad!

Boston Waterfront condos

Filed Under: East Boston Condos

The Bryant on Columbus Condo Update

June 7, 2007 By

Construction continues at the Bryant on Columbus, a new 50-unit luxury condo development in the Back Bay at 303 Columbus Avenue. If you recall, the Bryant condos will be known not just for their class and style, but for their size. Units will be built out with a minimum of two bedrooms – there is talk of including a limited amount of one-bedroom units into the layout of the building, but the development team has yet to make a definitive decision as to their inclusion.

[Read more…]

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

Boston North End is HOT

June 6, 2007 By

Been looking for a 21% return on your investment? Aren’t we all.

If you are shooting for return on your investment, you might want to consider what Boston’s North End has to offer.We took a look at the first five months of 2006 and compared them to the same months in 2007, and the North End saw just over a 21% increase in average condo sales price, and almost a 9% shift upwards in median condo price. Check out the details for yourself.

Our favorite new development (below $1,000 a square foot) in the North End remains 44 Snow Hill. The only unit that remains for sale in the 5-unit gut-rehab is Unit 3, which is the two-bedroom model unit that is on the second floor, being offered at $499,000. 44 Snow Hill is a boutique luxury development in the heart of the North End, and is one of the finest across Boston. If you want to scoop up the final unit, contact us.

44 Snow Hill Condos

44 Snow Hill Condos

Filed Under: North End Condos Tagged With: ,

Hong Lok Affordable Elderly Housing Development

June 4, 2007 By

In response to affordable housing waiting lists for the elderly in Boston, at times approaching seven years, redevelopment of the 28-unit Hong Lok House in the Chinatown neighborhood has been announced. The current house at 25-31 Essex Street will be torn down and replaced by an eight-story building that will include 74 residential condos, an apartment to house a full-time manager, and a new senior center on the street level.

The development team is currently waiting for approval from the city’s historic commission, since the area is a historic district.

Pending approval, construction will take place in two 12-month phases, the first to begin in 2008. The 2,500-square-foot elder center will include a gathering place, medical treatment clinic, and a room for ballroom dancing.

Thank you to the Boston Business Journal for breaking this information.

Filed Under: Boston Condos Tagged With: ,

Weekly South End Condo Stats

June 4, 2007 By

The below stats are in for the last week of sold South End Condos, pulled from the Boston MLS – compared to the previous week’s statistics (in parentheses). The number of South End Condos that sold: 18 (14)

Lowest Price: $310,000 ($279,750)
Median Price: $615,000 ($539,000)
Highest Price: $1,550,000 ($1,095,000)
Average Price: $692,333 ($593,241)

Average Days on Market (DOM): 87 (70)
Sales Price / Listing Price Ratio: 99% (99%)

Start Date: 5/27/2007
End Date: 6/2/2007

Over the past two weeks, there have been 7 condos that have sold above the asking price, while Days of Market is continuing to trend down – a definite sign that the market is getting more competitive for fairly priced properties.

Filed Under: Boston Condo Statistics

West Canton Condos

June 3, 2007 By

We had the pleasure of stopping into 190 West Canton today to view Unit 3, a duplex 1,140 square foot penthouse unit with an amazing roof deck. A very unassuming entrance, with a slight smell of stale cigarette smoke, leads you up to a sparkling (and non-cigarette smelling) penthouse unit with one of the largest banks of windows in the South End.

190 West Canton Condos

This two-bedroom, two-bathroom home has all the amenities you are looking for:

  • Central air conditioning with climate control in all rooms
  • Washer and Dryer in the unit
  • High-end kitchen with granite counters, Sub-Zero fridge, and Fisher & Paykel drawer dishwasher
  • Contemporary fireplace with detailed stone
  • Exquisite roof deck with 8-person hot tub and stellar Hancock Tower and Prudential Center views
  • Duplex at 1,140 square feet

Currently offered at $899,000, the $789 price per square foot is high, but you’re getting an absolute gem overlooking beautiful, and private, Carlton Park.

190 West Canton Condos

To setup a showing, or get more information on this West Canton Street condo in the South End, please contact us.

Filed Under: South End Condos Tagged With: , ,

Boston Condos on Clarendon Street

June 1, 2007 By

If you have thinking about living on Clarendon Street, a one-way multi-lane southbound street that cuts through the Back Bay and the South End, you’re in luck. There are currently five (5) condos for sale on Clarendon Street, ranging from $389,000 to $3,675,000. View all five Clarendon Street condos.

We hate to be negative about property in Boston, but we suggest staying away from 278 Clarendon Street (offered at $389,000), which has been on the market for almost a year now (for good reason). The space is, simply put, a little awkward with a large wood-paneled kitchen/living room on the parlor level, and a rather low-ceiling bedroom and bathroom on the garden level. There are an additional four (4) condos for sale in the Back Bay priced between $375,000 and $400,000, and 389 Beacon Street is probably the pick of the lot in that price range.

Of the available Clarendon Street condos, two of the units available are at 270 Clarendon Street (in a condo development called The Maisonettes), which is a new high-end redevelopment of a corner building, with prices starting at over $1,000 per square foot – putting it at the same level as say, Battery Wharf, or the Mandarin Oriental.

Clarendon Street Condos

Clarendon Street Condos

Filed Under: Back Bay Condos

Boston Waterfront Condos

May 31, 2007 By

When was the last time that you got 67% off when shopping? Here’s your chance to scoop up million-dollar Boston Harbor and skyline views for a third of the price!

An up and coming Developer in East Boston has recently completed a renovation on a three-unit rowhouse with water views from each floor. This new East Boston waterfront condo redevelopment at 261 Webster Street is less than a 5-minute walk to Piers Park, is great for entertaining, and offers stunning upgrades with attention to original detail.

How would you like to come home to this view every night:

Boston Waterfront Condos

The three units, all two-bedrooms and one-bathroom, are priced at $319K, $349K, and $369K as you move up the building. Each unit has been remodeled, has all new electrical and plumbing, and comes with a large private storage unit.

We were able to preserve the antique marble mantels in each unit that are original to the building. This is truly prime Waterfront property that will be virtually immune to market fluctuations. It’s a great investment opportunity in one of Boston’s last development frontiers,” says the East Boston Developer.

Unit 1 (offered at $319K) is an 802 square foot completely renovated unit with a private balcony, a soaking jacuzzi tub, and deeded yard rights. Unit 2 (offered at $349K) is an 856 square foot unit with gorgeous French doors opening to a private balcony. Unit 3, the penthouse (offered at $369K), boasts 912 square feet and a lot of outdoor space, including a private balcony, and exclusive roof rights (here’s your chance to build a 360 degree roof deck with unparalleled Harbor and Boston skyline views).

Boston Waterfront Condos

Boston Waterfront Condos

Boston Waterfront Condos

Boston Waterfront Condos

For more information, or to setup a showing for 261 Webster Street, please contact us.

Filed Under: East Boston Condos Tagged With: ,

Penny Savings Bank Update

May 30, 2007 By

Just a quick update on the Penny Savings Bank condo development in the South End of Boston. The redevelopment of the early 20th century bank into 23 luxury condominiums is progressing nicely towards its July 15, 2007 occupancy date.

Penny Savings Bank Condos

Currently, only 6 units have sold, leaving a wide variety of condos available for sale (large loft spaces, one-bedrooms, two-bedrooms, and two-plus bedrooms). Deeded garage parking and outdoor space is available. For more information, or to place an offer, please contact us.

Filed Under: South End Condos Tagged With: ,
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