The Park Plaza Hotel has sold for $250 million, double the amount it was sold for just two years ago. Talk about a great flip. File under: Flip

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, [...]

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 [...]

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 [...]

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 [...]

One of the first resales in the ultra-luxury condominium project known as The Clarendon came on the market yesterday. Less than two years after the original owner bought the home, it’s being listed for 63% – actually, 63.9% – more than it’s purchase price, at $1,639,000. Unit #16A is a two-bedroom, two-bathroom home with approximately [...]

The most updated Back Bay condo sales stats: Back Bay condo sales from January to June 1st Number of Back Bay condo sales in 2011 – 154 Number of Back Bay condo sales in 2012 – 174 —— Average Back Bay condo sales price 2011 – $1,242,585 Average Back Bay condo sales price 2012 – [...]

Boston Back Bay condo sale stats from 11/27/2011 – 2/27/2012 Number of Back Bay condo sales – 91 Average Back Bay condo sales price – $1,185,345.00 Median Back Bay condo sales price – $780.000 Average sales price per square foot – $814.00 Average days on the market – 111 ———- Boston Back Bay condo sale [...]

The top three most expensive Boston Back Bay luxury condo sales in 2011: 45-47 Commonwealth Avenue #1 sold for $6,200,000 or $1,183.00 per square foot. The Mandarin W12-B sold for $12,200,000 or $2,479.00 per square foot. The seller purchased this Back Bay condo on 10/8/2008 for $8,700,000. On the market for 608 days. The Mandarin [...]

Top three most expensive Back Bay apartment rentals listed on MLS: 1. 1 Charles Street PHC – $30,000.00 per rmonth. 2. 776 Boylston Street – $27,000.00 per month. 3. 294 Newbury Street PH – $25,000.00 per month.