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The Boston Courant has an article today on how the developer of the W Boston luxury condos allegedly reneged on a promise to provide brick sidewalks and historic street-lamps along Warrenton Street and Charles Street South in the Bay Village. The promise was made in exchange for the Bay Village neighborhood association agreeing (back in 2001) to drop its opposition to the 28-story tower.
End result: the BRA signed off on the occupancy and any incentive for the Sawyer Enterprises to fulfill their alleged contract is going to be an uphill battle for the Bay Village neighborhood association. The article also mentioned that others claim that improvements were made and their contractual obligations were met.
File Under: Let’s be good neighbors
Source: Boston Courant (Sorry no link).
ps – The article also mentioned the sale of the hotel portion of the W Boston. The proceeds will reduce the debt held by Prudential Insurance, the projects largest lender, to $50 million dollars. The sale of the remaining condos should bring in another $90 million, enough to cover the Prudential’s remaining debt and the remaining debt on Boston’s 10.5 million loan.
Read other posts about: Boston real estate condos news
Posted by John Ford on 04/02/11 |
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BOSTON REAL ESTATE AGENTS:
Boston real estate agents needed for our two Boston locations.
Inquiries contact John Ford @ realtyford@yahoo.com
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Boston condo sales for June 2012 - 643.
Number of Boston condos sold: 643
Average sales price for a Boston condo: $585,113
Median sales price of a Boston condo: $445,000
Average square foor price: $510.00
Average days on the market: 67
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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Back Bay Condos Sales Stats 2012
Boston Back Bay Condos 1st and 2nd Quarters 2012
Back Bay condo sales in the 1st Quarter of 2012 - 80
Back Bay condo sales in the 1st Quarter of 2011 - 82
Back Bay average condo sales price in the 1st Q of 2012 - $1,261,255
Back Bay average condo sales price in the 1st Q of 2011 - $1,306,435
Back Bay median condo sales price in the 1st Q of 2012 - $789,750
Back Bay median condo sales price in the 1st Q of 2011 - $828,895
Back Bay condo 1st Q 2012 sales price per square foot - $804
Back Bay condo 1st Q 2011 sales price per square foot - $809
Back Bay condos days on market 1st Q 2012 - 142
Back Bay condos days on market 1st Q 2011 - 133
Back Bay condo sales in the 2nd Quarter of 2012 - 170
Back Bay condo sales in the 2nd Quarter of 2011 - 118
Back Bay average condo sales price in the 2nd Q of 2012 - $1,100,149
Back Bay average condo sales price in the 2nd Q of 2011 - $1,329,678
Back Bay median condo sales price in the 2nd Q of 2012 - $761,000
Back Bay median condo sales price in the 2nd Q of 2011 - $840,000
Back Bay condo 2nd Q 2012 sales price per square foot - $787
Back Bay condo 2nd Q 2011 sales price per square foot - $823
Back Bay condos days on market 2nd Q 2012 - 80
Back Bay condos days on market 2nd Q 2011 - 133
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Beacon Hill Condos Sales Stats 2012
Boston Beacon Hill Condos 1st and 2nd Quarters 2012
Beacon Hill condo sales in the 1st Quarter of 2012 - 35
Beacon Hill condo sales in the 1st Quarter of 2011 - 25
Beacon Hill average condo sales price in the 1st Q of 2012 - $808,840
Beacon Hill average condo sales price in the 1st Q of 2011 - $852,720
Beacon Hill median condo sales price in the 1st Q of 2012 - $549,000
Beacon Hill median condo sales price in the 1st Q of 2011 - $542,250
Beacon Hill condo 1st Q 2012 sales price per square foot - $747
Beacon Hill condo 1st Q 2011 sales price per square foot - $675
Beacon Hill condos days on market 1st Q 2012 - 108
Beacon Hill condos days on market 1st Q 2011 - 198
Beacon Hill condo sales in the 2nd Quarter of 2012 - 65
Beacon Hill condo sales in the 2nd Quarter of 2011 - 69
Beacon Hill average condo sales price in the 2nd Q of 2012 - $677,684
Beacon Hill average condo sales price in the 2nd Q of 2011 - $661,045
Beacon Hill median condo sales price in the 2nd Q of 2012 - $516,250
Beacon Hill median condo sales price in the 2nd Q of 2011 - $511,750
Beacon Hill condo 2nd Q 2012 sales price per square foot - $743
Beacon Hill condo 2nd Q 2011 sales price per square foot - $686
Beacon Hill condos days on market 2nd Q 2012 - 67
Beacon Hill condos days on market 2nd Q 2011 - 80
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Brighton Condos Sales Stats 2012
Brighton Condos 1st and 2nd Quarters 2012
Brighton condo sales in the 1st Quarter of 2012 - 41
Brighton condo sales in the 1st Quarter of 2011 - 47
Brighton average condo sales price in the 1st Q of 2012 - $254,685
Brighton average condo sales price in the 1st Q of 2011 - $254,324
Brighton median condo sales price in the 1st Q of 2012 - $237,000
Brighton median condo sales price in the 1st Q of 2011 - $250,000
Brighton condo 1st Q 2012 sales price per square foot - $316
Brighton condo 1st Q 2011 sales price per square foot - $297
Brighton condos days on market 1st Q 2012 - 28
Brighton condos days on market 1st Q 2011 - 84
Brighton condo sales in the 2nd Quarter of 2012 - 91
Brighton condo sales in the 2nd Quarter of 2011 - 73
Brighton average condo sales price in the 2nd Q of 2012 - $268,434
Brighton average condo sales price in the 2nd Q of 2011 - $255,140
Brighton median condo sales price in the 2nd Q of 2012 - $255,500
Brighton median condo sales price in the 2nd Q of 2011 - $254,000
Brighton condo 2nd Q 2012 sales price per square foot - $337
Brighton condo 2nd Q 2011 sales price per square foot - $311
Brighton condos days on market 2nd Q 2012 - 59
Brighton condos days on market 2nd Q 2011 - 99
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Charlestown Condos Sales Stats 2012
Charlestown Condos 1st and 2nd Quarters 2012
Charlestown condo sales in the 1st Quarter of 2012 - 43
Charlestown condo sales in the 1st Quarter of 2011 - 47
Charlestown average condo sales price in the 1st Q of 2012 - $491,085
Charlestown average condo sales price in the 1st Q of 2011 - $485,918
Charlestown median condo sales price in the 1st Q of 2012 - $435,000
Charlestown median condo sales price in the 1st Q of 2011 - $467,500
Charlestown condo 1st Q 2012 sales price per square foot - $432
Charlestown condo 1st Q 2011 sales price per square foot - $444
Charlestown condos days on market 1st Q 2012 - 112
Charlestown condos days on market 1st Q 2011 - 125
Charlestown condo sales in the 2nd Quarter of 2012 - 115
Charlestown condo sales in the 2nd Quarter of 2011 - 72
Charlestown average condo sales price in the 2nd Q of 2012 - $474,847
Charlestown average condo sales price in the 2nd Q of 2011 - $423,006
Charlestown median condo sales price in the 2nd Q of 2012 - $452,000
Charlestown median condo sales price in the 2nd Q of 2011 - $408,500
Charlestown condo 2nd Q 2012 sales price per square foot - $438
Charlestown condo 2nd Q 2011 sales price per square foot - $437
Charlestown condos days on market 2nd Q 2012 - 81
Charlestown condos days on market 2nd Q 2011 - 60
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Fenway Condos Sales Stats 2012
Fenway Condos 1st and 2nd Quarters 2012
Fenway condo sales in the 1st Quarter of 2012 - 19
Fenway condo sales in the 1st Quarter of 2011 - 20
Fenway average condo sales price in the 1st Q of 2012 - $404,579
Fenway average condo sales price in the 1st Q of 2011 - $320,828
Fenway median condo sales price in the 1st Q of 2012 - $375,000
Fenway median condo sales price in the 1st Q of 2011 - $291,500
Fenway condo 1st Q 2012 sales price per square foot - $513
Fenway condo 1st Q 2011 sales price per square foot - $436
Fenway condos days on market 1st Q 2012 - 42
Fenway condos days on market 1st Q 2011 - 180
Fenway condo sales in the 2nd Quarter of 2012 - 79
Fenway condo sales in the 2nd Quarter of 2011 - 58
Fenway average condo sales price in the 2nd Q of 2012 - $358,981
Fenway average condo sales price in the 2nd Q of 2011 - $321,013
Fenway median condo sales price in the 2nd Q of 2012 - $360,000
Fenway median condo sales price in the 2nd Q of 2011 - $292,000
Fenway condo 2nd Q 2012 sales price per square foot - $519
Fenway condo 2nd Q 2011 sales price per square foot - $491
Fenway condos days on market 2nd Q 2012 - 86
Fenway condos days on market 2nd Q 2011 - 51
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