Back Bay Apartments
Beacon Hill real estate
South End real estate
A quick look at some Boston proper neighborhood apartment listings and why owners may want to consider price reductions:
Back Bay – 130 Commonwealth Avenue – 505 days on the market.
Back Bay – 290 Commonwealth Avenue rent price $2,900.00 – 249 days on the market.
Beacon Hill – 37 Beacon Street #21 rent price $4,500 – 270 days on the market.
Beacon Hill – 1 Primus Avenue #12 rent price $3,200 – 253 days on the market.
South End – 1313 Washington Street #323 rent price $3,900 – 271 days on the market.
Boston condos for rent
According to MLS, 1,417 apartments are avail for rent on MLS.
Here are a few examples:
– 197 apartments available for rent.
– 87 apartments available for rent.
– 149 apartments available for rent.
– 100 apartments available for rent
– 137 apartments available for rent.
From the Globe’s op-ed pages:
During the same period (in the early ’60s), Boston was also demolishing the West End and Scollay Square, and replacing them with the isolated concrete towers and terrible brick plazas of Government Center. And there were similarities between the two projects: The Prudential Center’s first iteration looked like Government Center with some storefronts — an empty, windswept expanse that was meant to attract people, and wound up repelling them.
But the Pru’s owners recognized its shortcomings, and have been working for decades to correct them. One of the first improvements was converting the property’s disastrous open-air shopping center into an enclosed mall. And since the property’s rezoning in the late 1980s, there’s been a concerted effort to urbanize the complex.
Yeah, but here’s the problem when comparing the Prudential Center and Government Center: The former is privately owned, the latter publicly owned.
Not bashing government. It’s just a fact that government is motivated by entirely different factors than the private sector and so it’s a lot slower moving on many matters as a result, if and when it moves at all. Don’t hold your breath for a major revamping of Government Center anytime soon.
After signing up Four Seasons Hotels and Resorts to manage its planned new Back Bay tower, the developer, Carpenter and Company, now says it expects to start construction on the $700 million project later this year.
The 60-story skyscraper, located next to the famous Christian Science complex, would be the third tallest building in Boston, after the Prudential Center and Hancock Tower, which, btw, was designed by the same Pei Cobb designers who are now designing the Carpenter complex. Cambridge Seven Associates is also involved in the design
Besides a 211-room hotel, the tower will ultimately house 180 “ultra high-end condos.” Did you expect anything else?
Design sketch above via Pei Cobb/Cambridge Seven. The new tower is to the left.
From the Herald:
Ensconced at 374-380 Commonwealth Ave. since 1913, the private club has an agreement to sell part of 380 Commonwealth Ave. to Boston’s Sea-Dar Real Estate Inc., which wants to build an addition and add five condos in the building.
“We’re selling what we deem as an underutilized portion of our Comm. Ave. location,” said Steven Cummings, the club’s general manager. “We’re engaging in a series of transformational changes to our main clubhouse … to improve the club experience for our current members and to allow us to better attract and retain a new generation of membership.”
Now those would be enviable condos.
Photo via the Harvard Club.
After a major renovation, the townhouse mansion at 74 Beacon Street, overlooking the Public Garden, is back on the market for $13.95 million.
The big change: The kitchen has been moved from the basement to the first floor.
None of that old Upstairs Downstairs stuff for new occupants. Homeowners today simply want kitchens front and center for casual entertainment purposes. No need to hide them — or the help.
Did you know that Boylston Street has two faces?
Tucked in a story about how the city is hiring a consultant to come up with a coherent sidewalk scheme for 10 blocks of Boylston Street (starting at Arlington Street), there’s this interesting tidbit:
The two sides of Boylston Street have different design identities — the south side is comparatively modern and aligned with the city’s “high spine,” an urban design concept that’s governed development of many office and residential towers. The north side, where projects have been more “piecemeal,” is monitored by the BBAC, which has preserved the historic architecture and provided generous sidewalk widths, according to the city’s request for proposal.
Because most Bostonians are direction-challenged (i.e. we don’t routinely use “north” and “south” for directions, opting instead for landmarks as guides, as in: ‘Take a left at the Dunkin’ Donuts and then a hard right, 3 o’clock high, once in the rotary …’), it took us a while to figure out that the north side of Boylston is (we think) the side closest to Newbury Street and opposite of the Hynes center (there goes the landmark descriptions, again).
And you know what? The sidewalks are different. One is slightly more historic, the other more “modern” (and boring, in our opinion). We never really gave it much thought before, let alone articulated the difference. But there it is.
Now watch the city screw up both sides of Boylston.
File under: Two face(s)
A portfolio of prime Back Bay properties was purchased just prior to the New Year.
ASB Real Estate is paying about $91 million for 333-335, 342 and 352 Newbury St. and nearby 801 Boylston Street, totaling 51,249 square feet, or about $1,780 per square foot.
It’s being called “aggressive pricing.” No kidding.
Facing opposition from nearby residents, Trinity Stuart LLC has unexpectedly yanked its planned 33-story Back Bay tower from immediate consideration until some sort of compromise can be reached.
The 40 Trinity Place — which would include 115 condos and a 227-room hotel — will probably get built during the coming Walsh administration.
But it just couldn’t clear the last regulatory hurdles to get approvals this week.
In other development news, the old HoJo’s hotel/motorlodge on Boylston Street in the Fenway has been sold, clearing the way for yet another mixed-use development in the booming area.
Roman Blanco, chief of US operations for Santander Bank, formerly known as Sovereign Bank, has purchased a town house at 407 Beacon Street in Boston for $4.3 million.
With a location and digs like that, we have a feeling Roman is going to like Boston. This Zillow link has a full slide show.
Photo via Zillow via Tim Marsh.