UrbanMeritage has purchased another property on Newbury Street, this time 205 Newbury Street for $8 million. It previously purchased 79 Newbury Street for $10 million. Now, UrbanMeritage may well be the best landlord on Newbury Street. But think about the numbers: It has an $8 million investment it needs to recoup — and its 205 [...]
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Archive for the 'Back Bay Real Estate' category
Granted, it’s one of those silly ranking lists they seem to always come up with. But having a list of the top 45 restaurants in the country with only one from New England (#26 Fore Street in Portland, Maine) while including the Shake Shack chain in New York? Yikes. These days, we’ll take any restaurant [...]
Back Bay restaurants and stores — as well as other downtown shops and businesses — are really hurting in the wake of last week’s Boston Marathon attack and wild week-long manhunt that culminated in the virtual shutdown of the city’s economy on Friday. So please go out of your way to visit Boston — and [...]
Our own intrepid BREB roving correspondent snapped the above photo of yesterday’s fire at 182 Beacon. Adam has a lot more photos. Check out the first one. The fire was a lot more serious than the smoke indicated. The Boston Fire Department’s conclusion: “Fire Investigators have determined the cause of the roof deck fire at [...]
A Beacon Hill and Back Bay real estate person brought to our attention an interesting issue that we previously hadn’t been aware of: Deeded parking spaces going untaxed, sometimes for decades, in the city. Most parking spaces are deeded along with the homes that they’re attached to in Boston. So their value is rolled into [...]
The mysterious new owner of the giant Ames-Webster mansion at 306 Dartmouth is apparently a Saudi businessmen, according to reports. The $14.5 sale — down from the $23 million asking price three years ago — has been previously reported but it wasn’t clear who exactly was the buyer. It’s still not clear specifically who’s dropping [...]
Fisher College’s recent purchase of 10-11 Arlington Street appears to be the last straw for Back Bay residents, who are now vowing to not only push back against the college but to push the school entirely out of the Back Bay. The college — which now owns a surprisingly large chunk of the Bay Bay [...]
Fisher College has purchased some prime real estate across the street from the Public Gardens. Here’s some architectural history on 10-11 Arlington Street and some sales background. From B&T: “Fisher College plans to lease space in the 17,000-square-foot building back to the (nonprofit) Tellus Institute and other nonprofit tenants for another two years and will [...]
Developer Steve Samuels has been tapped by the state to build a giant, $360 million residential, retail and hotel complex at the corner of Mass Ave and Boylston Street, right next to the Mass Pike and near the Hynes Convention Center and Berklee School of Music. The complex will eventually have 230 residences and 270 [...]
After a lot of understandable open-house cancellations this past weekend due to the snow storm, it’s back to business this coming weekend. One of is for 103 Beacon Street, right on the border between the Back Bay and Beacon Hill — $1.099 million, 1003 square feet, two bedrooms.