I mentioned this on April 18, but now the Herald is out with an article about major price drops at The Carruth, the mixed-use development rising above a revitalized Ashmont Square, in Boston’s Dorchester neighborhood.
Trinity Financial is putting the finishing touches on an ambitious project that is redeveloping an entire block near the Ashmont T station into a mix of trendy eateries and shops, high-end condos and affordable apartments.
But with deals for only two of its 46 condos, Trinity Financial is knocking down the prices at the new Carruth, in some cases by as much as $70,000 …
… The project’s 46 condos will now range in price from $219,000 to $399,000. Previously, the project’s most expensive units approached the $500,000 range.
The Carruth’s 70 apartments, priced between $900 and $1,100 a month, are all rented.
Source: Dorchester builder cuts condo prices – By Scott Van Voorhis, The Boston Herald