Waltham Tavern Condos

May 28, 2007 By

The Boston Courant recently reported that the Waltham Tavern at 298 Shawmut Avenue will be converted into six luxury condo units. As you may recall, the Waltham Tavern was shut down in early 2006 due to drug sales.

Barring any unforeseen circumstances, the Huntington Group would like to move forward with construction in the August 2007 timeframe. With plans to totally gut rehab the entire building, construction should take a minimum of eight months.

The new condo construction planned at the Waltham Tavern condo development is just one of many redevelopments of notable “landmarks” in the South End, of most note, is the D4 Police Station redevelopment (opening in June 2007), and the Penny Savings Bank condos (opening in July 2007).

Filed Under: South End Condos Tagged With: , ,

The Clarendon Back Bay

May 27, 2007 By

If you once used the Post Office in between Clarendon and Berkeley on Stuart, the building is no more. Construction has now begun on one of Boston’s newest luxury mixed-use condo developments, called The Clarendon Back Bay.

More details are forthcoming, but the new Back Bay condo development will feature upwards of 400 units and a redesigned Post Office. The Clarendon Boston will join several new luxury condo developments in the Back Bay that are slated for completion before 2010, including the ultra luxury Mandarin Oriental Boston Condo Development.

The exclusive photo below is of the Clarendon Back Bay construction site in early October 2007.

The Clarendon Back Bay Construction Site

Filed Under: Back Bay Condos Tagged With: , ,

Folio Boston Condos at 80 Broad Street

May 25, 2007 By

Oftentimes, at any given point, multiple units are available for sale at Folio, for more information on the current selection including a full price list, or to sell your unit, please contact us.

With so much action happening on Broad Street in Boston’s Financial District, we wanted to take a look at what is currently available at Folio Boston, which is a 14 story new construction luxury development in the heart of the Financial District, just steps from the Waterfront.

Folio opened in March 2006 at 80 Broad Street, and after an auction earlier that year, the building filled quickly, and now we are left with resale opportunities only, which, at this time, provide you a respectable selection.

Folio Boston Condos

The building is quite striking, and offers amenities expected from a luxury development, including a valet-serviced heated parking garage, 24 hour Concierge, floor to ceiling windows in many units, granite counters, high-end finishes, and food delivery from adjacent restaurants.

There are currently six units for sale at Folio Boston, ranging in size from 600 to 1,500 square feet, and in price from $459,000 to $1,299,000. Deeded parking spaces are still available in the building as well, for a price of $80,000 each.
Folio Boston Condos

If you need further information about the Folio condominiums for sale, or you would like to make an offer on an available unit, please contact us.

Filed Under: Financial District Condos Tagged With: , , ,

Boston Condo 2007 Median Price

May 23, 2007 By

We’re approaching the half-way mark for 2007, and the downtown Boston* market has seen the sale of 1,623 condos, for a total market volume of $1,068,090,056 (yep, that’s a billion).

Here are the other pertinent statistics thus far in 2007:

Lowest Price: $135,000
Highest Price: $8,250,000
Median Price: $495,000
Average Price: $658,096
Highest Price: $8,250,000

Average Days on Market: 110
Sales / Listing Price Ration: 96%

*Back Bay, Beacon Hill, Chinatown, Financial District, Leather District, Midtown, North End, Seaport District, South End, The Fenway, Theatre District, Waterfront, West End

Filed Under: Boston Condo Statistics

65 Broad Street Lofts: Open House

May 22, 2007 By

We stopped into the 65 Broad Street Lofts tonight for a walk through of the two remaining units (Unit 3 and 4) during the open house. We actually got a peek at all of the units (even the sold ones), and the remaining two units are probably the best of the lot – they have large banks of windows, a flowing floor plan, and a decent amount of storage.

65 Broad Street Financial District Condos

The two remaining units in this direct elevator access six-unit low-rise building are relatively the same, with only a few small differences. Unit 3 has slightly more storage, a stand-up shower stall (rather large), however, the washer and dryer hookup is under the stairs and it would be a tight fit from a height perspective for a stackable washer and dryer. Unit 4 has slightly less storage, no height problem with the washer and dryer hookup, and a jacuzzi shower soaking tub (the slightly deeper kind) rather than a stall shower.

There was a fair amount of traffic through the units. Both remaining units at 65 Broad Street are immediately available for $399K each. Contact us to do a walk through and put in an offer.

Filed Under: Financial District Condos Tagged With: , ,

Weekly South End Condo Stats

May 21, 2007 By

Let’s take a look at the latest South End Condos that have sold from the Boston MLS over the past week, compared to the previous week’s statistics (in parentheses).

The number of South End Condos that sold: 6 (9)

Lowest Price: $377,000 ($380,000)
Median Price: $688,445 ($535,000)
Highest Price: $1,265,000 ($1,140,000)
Average Price: $660,740 ($586,888)

Average Days on Market (DOM): 81 (56)
Sales Price / Listing Price Ratio: 99% (98%)

Start Date: 5/13/2007
End Date: 5/19/2007

The Average Days on Market has stayed (well) below 100 for the past two weeks – a significant drop for the first quarter of 2007 when we saw this number up near the 120 day mark.

Filed Under: South End Condos

South End Penthouse Duplex Sells Fast

May 21, 2007 By

With the Average Days on Market statistic continuing to stay below the triple digit mark, we are seeing a predominance of condos move quickly off the market at full, or near full, asking prices.

Looking at the past week of sold South End condos, there was a $1.2 million dollar duplex condo at 128 Pembroke Street that was on the market for a mere seven days before going under agreement at 98% of the asking price – the 2003 renovated 1,700+ square foot duplex penthouse unit with roof deck and deeded parking in the South End went quickly.

There is a fair amount (32) of listings on the market in the South End priced between $1 million and $1,5 million, but the Average Days on Market is trending down, a sign that pricing is correct, and buyers are coming out of hibernation.

128 Pembroke Street Penthouse

128 Pembroke Street Penthouse

128 Pembroke Street Penthouse

128 Pembroke Street Penthouse

Filed Under: South End Condos Tagged With: , ,

FP3 Boston Condos Open House

May 19, 2007 By

You may see us down at FP3 Boston this Sunday for an open house. The last time we stopped in, a week ago, construction was progressing, but the gaping holes in the northwest part of the building show us that they have a long way to go before their Spring 2008 completion.

FP3 Boston Condos

The sales center at FP3Boston, located at 368 Congress Street in the Seaport District, will host an open house from 12-4 pm each Sunday. Preconstruction condos are available for reservation on the 97 unit condo development in Boston’s Fort Point Channel – contact us for more information.

Filed Under: Seaport District Condos Tagged With: , , ,

BREAKING NEWS: 65 Broad Street Condos Available

May 17, 2007 By

Previously reported news that the remaining four units at the 65 Broad Street condo development were going to be “auctioned off” in a unique bidding process (full details here) did not generate the action that the developer wanted, and units are available once again.

The remaining three lofts / condos have been put on the market at a fire sale of $399K each, and one has already gone under agreement. The lofts at 65 Broad Street are newly renovated, have exposed brick, hardwood floors, classy finishes, and direct elevator access.

An open house is going to be held Monday (May 21, 2007) evening, from 5:30 to 7:00 pm, to showcase the remaining 65 Broad Street lofts. For further information, to setup a showing, or make an offer, please contact us.

65 Broad Street Condos

65 Broad Street Condos

65 Broad Street Condos

Filed Under: Financial District Condos Tagged With: , ,

What's Available at One Charles?

May 17, 2007 By

If you are looking for a condo at one of the most coveted new buildings around town, One Charles (1 Charles Street South), you’re in luck. There seems to be a spike in currently available units at One Charles, steps from the Boston Common and Public Garden.

One Charles

There are currently eight (8) units available at One Charles – from a 1 bedroom, 1 bathroom up to a 2 bedroom 2.5 bathroom, ranging in price from $625K to $2.295 million.

One Charles Condos

One Charles Condos

Filed Under: Midtown Condos Tagged With: , , ,
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