Providence on Newbury Condos

A fair amount of the noise on Newbury Street in the Back Bay can be attributed to the progress that is being made at the seven unit luxury development at 294 Newbury Street called the Providence on Newbury. We had the opportunity to stop into the development this week, and work is steadily progressing.

Providence on Newbury Condos

The Providence on Newbury is made up of three buildings on Newbury Street. The ground floor and basement units will house at least three retail clients (no restaurants) , while the upper floors will house four one-bedroom, two two-bedroom, and one penthouse condo, all served via a central elevator.

Each condo comes with at least one parking spot, custom cabinets, marble baths, and high-end appliances. The two two-bedroom units have excellent ceiling heights, and grand views of Newbury Street.

The penthouse unit, priced not-to-sell at $5 million will boast a plasma TV in every room, ultra high-end finishes, and an 800+ square foot roof deck (one of only two Newbury Street roof decks that is right on Newbury, rather than set back off the street slightly) with an eight person hot-tub, four season ecosystem for the green thumb in all of us, full kitchen, and you guessed it, a plasma TV (yes, outside).

Units are slated to be delivered at the end of July 2007. There is only a single one-bedroom unit that remains, and both two-bedroom condos remain for sale. If you are looking to be “in the thick of things” in the Back Bay on the heart of Newbury Street, the Providence on Newbury Condos give you that experience at just over $900 per square foot.

Night Out with Audissey Guides

Boston Condo Guy came together with Audissey Guides at Lucky’s Lounge in Fort Point Channel tonight. Audissey Guides represent a new breed of audio walking tours with local narrators, good music, and offer an overall fun and exciting way to tour a city. Audissey Guides currently offer low-cost, high-fun, audio walking tours of Boston, Chicago, Miami Beach, Seattle, and Hollywood – their New Orleans tour will be launching next week.

Lucky’s Lounge is also right across the street from one of our favorite new Boston condo developments, the FP3 Boston Condos. The FP3 condo development on Congress Street is slated for a May 2008 completion and offers units from $350,000 to $2,000,000.

FP3 Boston Condos

Penmark Condominiums Availability

The Penmark Condos in the South End are looking to get plucked off the market. Situated on Father Gilday Street among a lot of new development, eleven luxury units remain for sale at the Penmark, ranging from a 991 square foot one-bedroom priced at $584,000, to a 1,739 square foot three-bedroom unit priced at $1,165,000, both with deeded parking.

The South End has seen a resurgence of high-end luxury developments, and the Penmark Boston Condos offer a piece of luxury south of Washington (SOWA). For details on all the remaining units at the Penmark development, view the PDF document below:

Penmark Condominiums Availability

South End Boston Penmark Condos

South End Boston Penmark Condos

South End Boston Penmark Condos

Boston South End Condo Statistics

The 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 (6)

Lowest Price: $272,500 ($295,750)
Median Price: $487,500 ($338,000)
Highest Price: $899,000 ($550,500)
Average Price: $388,208 ($541,611)

Average Days on Market (DOM): 114 (73)
Sales Price / Listing Price Ratio: 98% (98%)

Start Date: 4/29/2007
End Date: 5/5/2007

Of significant note is the obvious jump in total number of properties sold, a three-fold increase from the previous week – perhaps the true start to the hot selling summer market?

Rock Bottom Price per Square Foot

The Leather District is offering some great price per square foot deals on new construction these days. We visited the 210 South Street Condos today, and for prices starting at $500 per square foot, these newly completed loft-style condos deliver some bang for the buck.

Grand windows and views are throughout, with the penthouse floor incorporating gorgeous arched windows that offer a unique flair to each unit. There are currently 10 units remaining in this 54 unit secure concierge building, and the developer has been running financing specials, and most recently, discounts on particular units. All remaining units are one-bedroom, two-bathroom loft-style condos, offering 1,119 to 1,709 square feet, priced from $595,000 to $795,000.

There has been a lot of new development in the South Station area lately, either coming online, or already completed, including the new FP3 Condos, and the Lafyette Lofts.

For further information on availability and current prices for the 210 South Street condos (pictured below), please contact us.

210 South Street Condos

Meads of Commonwealth

We had the pleasure of stopping in to visit the Meads of Commonwealth condos this evening. We’ve seen a lot of Boston condos, but the Meads really are second to none. The thirteen unique Meads of Commonwealth residences are currently spread across three buildings at 413, 415, and 419 Commonwealth Avenue, range in size from 1,827 to 5,711 square feet, and in price from $1.875 million to $6.2 million.

Some of the striking features of the Back Bay Meads Condos are:

  • Stunning ceiling heights in the majority of the units – some units have 12 foot ceiling heights, with the lowest being in the eight to nine foot range
  • The sheer expanse of the units – you could literally get lost in some of these units, they just flow from room to room, and amenity to amenity
  • Excellent craftsmanship across the board – gleaming hardwoods, tasteful crown molding, and solid one and three quarters inch doors
  • High-end finishes – gourmet kitchens with Sub-Zero and Bosch appliances, laundry rooms with Bosch washer and dryers along with custom utility sink, custom closets in the master suites, classy frosted glass on some of the master suite bathroom doors

There has been quite a lot of traffic that has flown through the sales center (Unit 2, the model unit that serves as the sales center headquarters has actually sold, and the new owners will be moving in within the next several weeks). Thus far, three of the thirteen units have sold, and two are currently being negotiated (including the 5,700 square foot $6.2 million penthouse.

The penthouse is overwhelming, a sheer delight to walk through, along with the jaw-dropping 2,000+ square feet of terrace space. The developers continue to entertain and accommodate customizations, and will continue to do so, even with occupancy right around the corner.

The Meads of Commonwealth are a real delight. For current availability and buying information, please contact us.

Meads of Commonwealth Condos

Cooper Street Condos – The North End

Cooper Street is at the heart of the North End, and there are currently two available Boston condos for sale. 29 Cooper Street is a penthouse two-bedroom, while 52 Cooper Street is a slightly larger penthouse two-bedroom (which has been on the market for almost a year).

Situated in 5-unit and 10-unit buildings respectively, these two penthouse units have nice amenities (in unit washer and dryer, stainless steel appliances, recent upgrades, etc.), and have seen recent price reductions. 52 Cooper Street currently comes with a $3,500 credit at the time of closing (the seller is more than likely motivated after having their condo on the market for what is approaching a year now).

29 Cooper Street Condos - North End

52 Cooper Street Condos - North End

Numbers Don’t Lie

The numbers don’t lie (ok, maybe they can be interpreted, but let’s get on with the post). The Massachusetts Association of Realtors (MAR) released their first quarter 2007 housing numbers for the entire state. It took them almost a month to confirm what we told you in early April:

  • Market consumption (the number of sales) of Boston condos in the downtown Boston market increased from 2006 to 2007
  • Average prices for Boston condos appreciated 6% quarter on quarter between 2006 and 2007

View the MAR Condominium Sales Information for first quarter 2007. The Boston Condos market is heating up – it took our friends at condoDomain three full-price offers to land a South End Condo, and we were out this weekend looking at North End Condos with droves of condo buyers, the Spring market is upon us.

Your Favorite Boston Condos

It’s come to the end of April, and if you have not already done so, cast your vote for your favorite new Boston Condo Development. We will announce the winner later this week.

On the voting block are the following condo developments, which give a good representation of the new luxury developments that are either currently being developed, or are ready for occupancy:

Battery Wharf (North End Waterfront)
Penmark Condos (South End
D4 Police Station (South End)
The Bryant on Columbus (Back Bay)
Harbor View Navy Yard (Charlestown)
Meads of Commonwealth (Back Bay)

The D4 development has the current lead, but it’s anyone’s game at this point. Cast your vote by selecting the Boston condo development of your choice in the center column of this blog (to get more information and photos of each development, use the links above).

NOTE: Voting has closed.

Available North End Condos

North End one-bedroom condos were on tap this Sunday as we visited the historic winding streets of Boston’s North End. There are currently 14 one-bedroom units on the market, ranging in price from $239,000 to $789,000, and it’s really a mixed bag of what you will find out there.

Download all 14 North End one-bedroom units that are currently available: North End Condo Details (4.2 MB PDF)

In the North End, you’re oftentimes paying a premium to physically be in the North End – space is tight, the streets are European-like, and it’s a charming place to be. That said, some of the one-bedrooms leave you wanting more.

We visited seven condos, while the first five served as a prelude to the final units on Snow Hill Street…here’s a brief look at the units visited:

[Read more…]