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Archive for the 'Back Bay Real Estate' category

Online petition started to oppose Fisher College’s expansion plans

The plans by Fisher College to expand its Back Bay/Beacon Hill-flats presence continues to meet opposition. The latest is an online petition that someone recently pointed out to BREB. The deadline for comments on the expansion plan is Aug. 5. Here’s how the Beacon Hill Times recently described Fisher’s plans: The college filed an Institutional [...]

Simon increases number of residential units at Copley Place

Simon Property Group is proposing an increase in residential units at its planned new tower over Copley Place. The project would now include 433 apartments and 109 condos, up by 224 residential units over previous plans. The total height of the tower will be remain the same, but the number of floors would increase from [...]

Holy mackerel: Two Back Bay parking spaces go for $560,000

The IRS was expecting, or hoping, to get $250,000 in the auctioning off of two tandem parking spaces at 298 Commonwealth Avenue in the Back Bay. After a bidding war between neighbors, the two spaces went for $560,000, which is considerably higher than the median cost of a home in Massachusetts. Well, at least the [...]

Back Bay parking spaces could fetch $250,000 at IRS auction

The IRS is planning later this month to auction off two parking spaces at 298 Commonwealth Ave. in the Back Bay. The two spaces were seized by the federal revenue department from a tax-deliquent owner who owes $969,000 in back taxes. Though bids will start at $40,000 (based on some la-la land formula that obviously [...]

The 20 most valuable homes in Boston

The BBJ has a list the 20 most valuable homes in Boston, based on property-tax assessments. Yes, the BBJ knows full well that assessments aren’t necessarily the best way to measure true value, but, as it explains, it’s still a fun way to analyze the market. Not surprisingly, Beacon Hill and Back Bay dominate the [...]

Another piece of Newbury Street sold off

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 [...]

‘The 45 best restaurants in America’

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 [...]

For all our neighbors and friends, please spend, spend, spend

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 [...]

Back Bay fire photos and other tidbits

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 [...]

Are deeded parking spaces going untaxed in Boston?

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 [...]

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

  • Tyler Mills, Lenders go into overdrive to clear out backlog of delinquent mortgages: Instead of forcing out the...
  • warren currier, ‘Boston’s faux housing boom’: Scott, Do you own any units in Boston? Supply /...
  • Nishant, Major Developers: Affordable homes can only be built outside downtown Boston: Yes, this is correct that...
  • warren currier, Done deal: Dr. Dre buys Tom and Gisele’s mansion for $40M: The property is located in LosAngeles,...
  • JS, Despite predictions, inventory of homes for sale continues to fall in Mass.: One thing that could be holding...
  • dcmhomebuyers, For 74 Beacon Street, it was the kitchen, stupid: Nice house. I think front section to location of...
  • Johnd478, Five signs you’re a ‘renter for life’: I just couldnt depart your site prior to...
  • Dionis Padron, Downtown condo prices now averaging near $1 million each: great article but prices for standalone...
  • John Ford, Charles Ponzi’s old Lexington home for sale at $3.3M: That’s a great idea. Anyone have an idea how...
  • Rich, Charles Ponzi’s old Lexington home for sale at $3.3M: Speaking of Mr. Ponzi, he ran his Ponzi scheme out of an...
  • amparo bracero, Big changes in store for Tremont Street?: I will love to comunicated my self with aida I was one of...
  • warren currier, Low mortgage rates may partly explain low inventory: The banks are making it very hard to get a loan....
  • Kiki, ‘Our biggest impediment’: Inventory: A quick maybe unrelated question. What’s a typical or...
  • JS, Hey, let’s tear down most of downtown Boston for the Olympics: I agree, and I resent the commission describing us...
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, ‘Our biggest impediment’: Inventory: good blog
  • Phoenix property management, Blog: As you may have noticed I am having problems with the comment section of the blog....
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. i like it so much.
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. I like it
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, California dreamin’ on such a winter’s day …: Good post...
  • Borris C., ‘Friendly competition’ keeps Seaport rents as high as possible: Sounds like good old-fashioned collusion...

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