View luxury Boston condos and townhomes for sale
Number of rent price reductions for Back Bay apartments: 27
The number of Back Bay apartment price increases: 2
Source: MLS in the last 30 days.
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.
The Herald’s Paul Restuccia has a nice piece on the The Arlington, the recently opened and latest luxury apartment building in Boston. It looks great.
But what also caught our attention is the history Paul provided on the Renaissance Revival building.
Most people know the 14-story building as the former home of the Renaissance Charter School. But it was actually built in 1927 by Boston Consolidated Gas Co. – and in the 1960s and 1970s served as the home of UMass-Boston. Didn’t know that.
Today, it’s home to 128 apartment units, with prices ranging from $3,200 to $8,000. It started leasing earlier this year.
Photo via Related Cos., the developer.
From the Herald: “The head of developer Simon Property Group recently hinted at a shift for the 47-story tower, which had been approved for 318 condominium units.’We’re still designing the building,’ CEO David Simon said during an earnings conference call last month. ‘But the idea that we’re circling right now is to do mostly rentals, though there will be some condo element to it.'”
Needless to say, they’d be luxury rentals. But Simon Property is still on the fence about a switch, perhaps eyeing how well Millennium Place’s condos are selling in advance. It’s pretty impressive.
A proposed 33-story tower would replace the old Boston Common Hotel & Conference Center at 40 Trinity Place, just a block or two away from Copley Square.
And, yes, it would be “glass covered.” What’s up with all the new glass-covered buildings these days? Don’t they have any other materials? They don’t have to be red brick. Just something different for a change. But we digress.
The important thing: The $225 million complex would include 220 hotel rooms, conference-meeting space and … 220 luxury condos. Yes, condos. They’re back.
Some neighbors are already expressing concerns about shadows extending from the proposed tower onto Copley Plaza.
File under: The end of the housing crisis (see related post below)
The Clarendon announced last week that more than 90% of its 102 residences have been sold.
The condominium residences starting on the 15th floor offer captivating panoramic views of the Charles River, Boston Harbor and the downtown skyline. The Clarendon’s elegant, sophisticated design and unprecedented amenities have been lauded by the marketplace and the brokerage community alike, and only a select number of one- to four-bedroom residences are still available, priced starting at $1.4 million to more than $4 million.
Crowning The Clarendon is The Penthouse Collection, which offers three, full-floor 3,500-square-foot residences beginning on the 31st floor, revealing panoramic 360-degree views. Expansive living spaces include a great room with wrap-around floor-to-ceiling windows, a library, three bedrooms and three full en suite baths plus a powder room, with fireplaces in the great room and master suite. The master suite also includes walk-in closets and an oversized windowed master bath complete with a soaking tub, separate shower and double vanities. Penthouse prices start at $6.5 million.
Adhering to Related’s nationwide commitment to green development, The Clarendon has received LEED Silver Certification, the benchmark for high-performance sustainable design from the U.S. Green Building Council.
Rumor has it that our QT QB Tom Brady has put his Beacon Street penthouse home under agreement. The property, one of four in the building purchased by Mr.
Bunting Bundchen in 2005, was listed at $10,500,000, last October, although it had been on the market as far back as 2009. (Perhaps this is why they were suddenly open to making a deal?)
No word on the buyer; the closing is a month away, so no one will know who was the lucky buyer or how much he/she paid.
I’m doubting it was David Ortiz.
Image above from the MLSPIN listing. Alison Maser of Gibson Sotheby’s International Realty is representing the seller.