Forget about a free plasma TV, or a year of HOA fees, we’re talking about a free hybrid car as an incentive to buy a condo at South Boston Macallen Building!
Pappas Properties, the developer of the 140-unit green Macallen Building at 141 Dorchester Ave Boston, MA 02127 is offering a year-end clearance sale to entice condo buyers into their units, and wow, are they going all out.
On a limited number of available units in the luxury condo building, prices have been slashed by upwards of $200,000 (for instance, unit 119 was listed for $1,160,000 and is now $929,000), putting price per square foot on some units into the $500 range.
If a Buyer reserves a unit before December 31, 2007, and closes on the property before March 1, 2008, the developer will give the Buyer a Toyota Camry Hybrid car, or, $30,000 if a car is not desired.
We’ve talked a lot about the Macallen, as the first LEED-certified green development in Boston, concierge building with amenities galore, truly setting a new baseline in northern South Boston, if not the city. And they continue to set a new baseline with unheard-of buyer incentives.
Please contact us to learn more about how to take advantage of this opportunity.
Keith Munsell 
I wonder whatever happened with this promotion, and whether or not it was successful and succeeded in luring buyers.
10 listings at the Macallen (list prices between $619K and $1.3 million) went Under Agreement over the past 2 months, thus cutting available inventory in the building by a third (22 still remain for sale, not all of the them developer units). Perhaps not the exact result they were looking for, but definitely a substantial increase in activity for Pappas Properties.
IT sounds like quite a deal. I was waiting for some movement at this place and it looks like they are ready to deal.