The Beacon Hill Civic Association has joined two other neighborhood groups in writing a joint letter to the state outlining their concerns about the massive redevelopment of the Government Center Garage. From the Beacon Hill Times: The letter states that no city or state plan has addressed the “additional traffic, public transportation and infrastructure demands, [...]
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Archive for the 'Boston real estate condos news' category
We heard about this deal a few days ago. But not the actual numbers that allow you to figure out the true profit. From the BBJ: A 4,600-square-foot brownstone in Boston’s Back Bay that was gutted and restored, sold at list price in 22 days for $5.5 million. Koby Kempel, CEO of Pegasus Luxury Homes [...]
High demand and low inventory – combined with fears of rising interest rates – may well lead to trouble this year in the Boston housing market, Scott warns: It’s a brew that almost guarantees that 2014 could see the return of the desperate buyer, that poor soul who is convinced of the need to buy [...]
The sale of 22 Joy Street, a 10-room single-family brick rowhouse, got a big write-up this past weekend. The asking price is $2.7 million.
We told you in August that Wall Street was about to get into the business of selling securities backed by monthly rent payments paid by average Joes. Now the new investment phenomenon has apparently arrived. Bloomberg News reports that Deutsche Bank may start marketing nearly $500 million in the securities later this week, based on [...]
Many people love to compare Boston and Silicon Valley for tech reasons, but here’s one comparison we could live without: Home prices. Scott explores whether Boston is now approaching Silicon Valley-like home prices. We’re not there yet. But it’s certainly a valid concern considering the trends here. Fyi: Facebook, which moved from Cambridge to northern [...]
It’s probably one of the biggest sales ever on Beacon Hill – and one of the biggest potential buying frenzies. The portfolio includes the church’s six-story headquarters at 25 Beacon Street, as well as 39-41 Mount Vernon St. and 6-7 Mount Vernon Place. Joe Clements had the scoop first at The Real Reporter: Barely six [...]
From the BBJ: No money? No problem, says a team of federal regulators hashing out industry-wide home lending standards. In a victory for banks, a new proposal for the so-called “Qualified Residential Mortgage” rule is much less restrictive than the original version published in 2011. The new standards allow no-down-payment options and protect banks from [...]
Yikes. Nordblom Co., owner of the old Teradyne Building right across the street from the Ink Block project in the near South End, has filed plans through an apparent subsidiary to construct two buildings on the site of the adjacent Graybar industrial facility (see above) on Harrison Avenue. The project would total 515,000 square feet, [...]