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Archive for June, 2006


Nashua Street Residences to go up next to North Station

   
You can call it the West End, if you’d like.
Last year, Delaware North Companies received approval from the Boston Redevelopment Authority for its plans to build a 37-story residential high-rise tower next door to its TD North Garden. Subsequently, they received final approval from Boston’s Zoning Board of Appeals, meaning they can begin building, [...]



South Station tower receives city approval

The Boston Globe’s Thomas C. Palmer, Jr. just broke the story that Hines and TUDC, LLC. has received zoning approval for its 40-story office tower, to be constructed above and beside Boston’s South Station railroad terminal.
The developer has already received Boston Redevelopment Authority approval. Construction is scheduled to begin next year, with completion in [...]



Architect renderings of new Kendall Square development

Extell/Equity has announced plan to construct a new residential development in East Cambridge.
303 Third Street will be a new 605,000 square feet 8-story residential community. The project consists of over 290 rental and over 230 condominium units with an underground parking garage for over 530 cars designed around a one acre landscaped park.
Here are some [...]



Russia Wharf development moves closer to reality

Chapter 91 license has been granted to Chicago-based Equity Office Properties by the state Department of Environmental Protection for its redevelopment of Russia Wharf.
This is the final hurdle for the long-planned project on land that contains three historic buildings at Fort Point Channel.
Although the original plan for the property included a 300-room hotel, that was [...]



The Simon Tower – who owns the land, and what can be built?

Hmmm.

Here are a couple of questions to ponder while thinking about the proposed Simon Tower, to be built in front of (and on top of) the Neiman-Marcus building, at Copley Place.
* Does Simon Properties, Inc. own all the land, or does the MBTA own part of it?
* Is any of the land over the Mass [...]



Boston’s proposed high-rises

I can’t speak for the veracity of this list, but here are all the buildings proposed for Boston, over 300 feet tall.
Kensington
W Hotel / Residences
Jacob Wirth’s lot
Province Street
Russia Wharf
Nashua Street / North Station
Gateway Center (this isn’t the already built Gateway Center)
The Clarendon
Joslin Place
Columbus Center
Aquarium Garage
Filene’s (not even proposed, yet)
Winthrop Square
Suffolk Dorm (as if!)
South Station Tower
Blackfan
Mass [...]



Apple Store in the Back Bay – latest sketches, from the Boston Courant

In case you missed it, Apple Computer, Inc. met with the Back Bay Architectural Commission a couple weeks ago, to discuss the company’s proposal to open a store at 815 Boylston Street, in Boston’s Back Bay.
Apple revised their original design of the building, and, as a result, the commission ended up giving “close approval” to [...]



Moving to a new city: own or rent?

If you’re moving to a new city, should you buy a home right away, or rent for awhile?
My friends, it’s an easy choice.
First, though, I’m talking about if you are moving into a city, not near a city. If you are moving into the suburbs, I think you should probably buy, especially if you [...]



Should you buy a property? Here’s a real life example to help you decide

Should you invest in buying a home, or put your money into the stock market?
Here’s one reader’s opinion on the subject:
Stocks are still too volatile, IMHO, and if I was to invest in stocks it would be for long term investments. My father is a day trader, but it’s literally a full-time job for [...]



Condo and hotel tower to rise at Copley

Earlier this week, news was leaked that Simon Property Group, owners of Copley Place, is considering building a new tower at the corner of Dartmouth Street and Stuart Street.
The tower would include a large hotel, as well as residential condominiums.
The Boston Globe, when they broke the story, had few details.
The Boston Courant had much more [...]



Let's talk Boston real estate. The most recent real estate comments

  • sikka kaamna greens, Millennium vows to build a tall tower in the Big Hole: Thank you for providing useful...
  • Rich, New plans unveiled for Herald’s old South End site: My wife wants to see either a Whole Foods Market or a...
  • Rich, Downtown Crossing’s Big Hole to be filled?: This is of course good news. However, let’s not get too...
  • Seyi, Offer to purchase can be binding: I agree Gerry, I uusllay flag my listings until the home inspection issues...
  • Gloriane, Boston condo sellers: Can they specify a lender with an offer?: BS low – ratioalinty high! Really...
  • JohnF, Charles Street Retail Space Available for Rent: Thanks Bill, I spoke with your wife and I’m sure we can...
  • Bill, Charles Street Retail Space Available for Rent: I am looking for a small retail street level retail space for...
  • Funny, Rents hit record high in Boston: It’s not just Boston. Did you know rents in Worcester for a small 1...
  • John Ford, The economy and the local real estate market: Good info – thanks Nemo
  • Funny, To paraphrase Tom Brady: Mass. homes sales sucked in 2011: Imagine what would happen if 10-15% was shaved of...
  • Nemo, The economy and the local real estate market: The Labor Department does have a rate that includes all workers...
  • John Smith, A message from a Boston Real Estate Mortgage Broker: Thanks for your valuable post.I would like to know...
  • Rich, MetLife exits large portions of the mortgage business: MetLife is a very clever operator. In 2006, they sold...
  • Rich, Why the Fed didn’t see the housing crisis coming: Oh please. After the dot-com crash of 2000, the NASDAQ...
  • Funny, Is home ‘ownership’ a fraud?: smells of a gold digger. Next step is how we’re really all...
  • Suburban reader, Is home ‘ownership’ a fraud?: Incomprehensible indeed. It seems (I think) to assume that...
  • Rich, Is home ‘ownership’ a fraud?: I found the article incomprehensible.
  • SeanMarkup, ‘Back to 1990s home prices?’: Bangalore real estate prices are kissing skies day by...
  • Jaypee Kosmos, Beacon HIll Restaurant Space Available: Thank you !!! nice information found here… Jaypee Kosmos
  • Will F., I found the 1% and it’s not in Boston: This is true… Washington DC is a city of 600,000+...

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    ------------------------------- Beacon Hill Real Estate: Retail Space Available

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    For leasing inquiries contact

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    New Beacon Hill condo

    New Beacon Hill condo furnished listing for rent

    Offered at: $3,000.00

    Two bedroom hardwood floors, laundy in the building, common roof deck.

    More information call Linda Mitrano at 617-512-4557.


    Classic Beacon Hill Duplex Condo

    Including Income producing In-Law Apartment. Two units for the price of one.

    Offered at: $879,000.00

    Gracious parlor level living area offers open floor plan, fireplace, dining area,revovated kitchen with custom cabinents.

    Lower level offers master bedroom with full bath and laundry. Includes a second bedroom with half bath. This unique condo also features a two level In-law apartment with a seperate entry. One car deeded parking space.

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    Boston neighborhoods



    Boston Real Estate / Boston Condos



    Click on the links below for Boston condo neighborhood sales listings

    Boston Back Bay Condos

    Beacon Hill Condos

    Boston Charlestown Condos

    Fenway Boston Condos

    Boston South End Condos

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    Boston Back Bay Condos 3rd Q 2011





    Back Bay Condo Sales 3rd Quarter 2011 - 150. Number of Back Bay condo sales in the 3rd Q of 2010 - 126

    Back Bay average condo sales price in the 3rd Q of 2011 - $974,258.00. Back Bay average condo sales price in the 3rd Q of 2010 - $944,320.00

    Back Bay condo 3rd Q 2011 sales price per square foot $736.88 Back Bay condo 3rd Q 2010 sales price per square foot $731.88

    Boston Back Bay condos days on market 3rd Q 2011 - 125 Boston Back Bay condos days on market 3rf Q 2010 - 106 Back Bay condo sales stats Jan - Sept 2011:

    Number of Back Bay Condo sales Jan through Sept - 334

    Avg Back Bay condo sales price - $1, 173,927.00

    Med Back Bay condo sales price - $795,000.00

    Avg price per square foot - $780.00

    Days on market for Back Bay Condo - 131

    Back Bay Condos - Sales Stats 2011



    Back Bay Condo Sales form April 1, 2011 - May 1, 2011 - 27

    Avg. Back Bay condo sales price - $1,324,226.00

    Med. Back Bay condo sales price - $1,210,000.00

    Back Bay condo sales price per square foot - $787.00

    Avg. days on the market for Back Bay condo - 184

    Boston Back Bay condos sold from Jan 1, 2011 - April 28, 2011 - 105.

    Average sales price for a Back Bay condominium in 2011 - $1,317,969.00

    Median sales price for a Back Bay condominium in 2011 - $865,000.00

    Average price per sqaure foot for a Back Bay condo in 2011 - $805.00

    Average days on the market in 2011 for a Back Bay condo - 153

    Back Bay condos/real estate sales for the 1st Quarter of 2011:

    Average Back Bay condo sales price - $1,290,181.00

    Median Back Bay condo sales price - $828,895.00

    Average Back Bay condo sales priec per square foot - $804.00



    Back Bay Condos Sold Jan 1, 2011 - April 16, 2011

    Back Bay condos sales - 97

    Average Back Bay condo price: $1,407,795.00

    Median Back Bay condo sales price: $852,500.00

    Average price per square foot for a Back Bay Condo $863.00

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    Back Bay Condos Sold 2011

    Back Bay condos sold: 50

    Average Back Bay condo sales price:$1,367,003.00

    Median Back Bay condo sales price: $953,750.00

    Average Price per $/SF: $806

    Average days on the market for a Back Bay condo: 124

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    Beacon Hill Condos Sales Stats 2011





    Beacon Hill condos sold form Jan 1, 2011 - April 28, 2011 - 37

    Average Beacon Hill condo sales price - $799,809.00

    Median Beacon Hill condos sales price - $560,000.00

    Average price per square foot for a sold Beacon Hill condo - $704.00

    Average days on the market for a Beacon Hill condo to sell - 165

    Beacon Hill condo sales 2011 Jan - Mar

    Beacon Hill condos sold

    Avg Beacon Hill condo price $823,500.00

    Med. Beacon Hill condo price $524,500.00

    Avg. price per sq ft. Beacon Hill condo $632.00

    Avg. days on market Beacon Hill condo 222

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    Boston Condos Brighton Sales Stats 2011





    Boston Brighton Condo sales - 25

    Brighton condo avg. sales price $259,510

    Brighton condo med. sales price $262,000

    Brighton condo price per sq ft $283.00

    Brighton condo days-on-market 90

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    Boston Condos Charlestown - Sales Stats





    Charlestown condo sales - 25

    Charlestown average condo - $545,019

    Charlestown median condo - $470,000

    Average price per sq ft Charlestown condo $458.00

    Average days-on-market 123

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    Fenway Condos Sales Stats 2011







    Fenway Condo Sales 2011

    Fenway condo sales 7

    Average Fenway condo price $292,500

    Median Fenway condo price $282,500

    Fenway price per sq ft $435.00

    Fenway days-on-market 237

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