The following are some of my thoughts on the Bryant luxury condo auction. Let me start with the positive.
1. I think it’s in a great location, close walking distance to both the heart of Back Bay and the South End.
2. One feature I liked was that all the units have direct elevator access to the condo
3. Residents at Bryant Back Bay enjoy a host of amenities, including a soon-to-be completed lobby designed by Klaus Fuchs; state-of-the-art fitness room; private storage; 24-hour concierge and resident manager.
4. I like their price point for starting bids such as #505 with starting bids at $497.00 per sq ft
5. I know some readers think that this is going to auction because the developer is in trouble but I think that this is more of a shrewd marketing idea. Just look at the amount of media press it has received from the Boston Globe, Herald and local news stations.
6. I also like the concept they have of having a Practice Auction. The Practice Auction is an opportunity for you to learn more about the auction process including a review of bid increments, speed of auction as well as a chance to meet the auctioneer and floor men. During the Practice Auction you will be able to ask any questions you may have about the auction process.
On the negative side.
1. I thought that the guest bedrooms were too small.
2. I agree with the blog reader who mentioned that the rear bedrooms were too close to the neighboring office building, lack of privacy. Also if the blog reader is correct that the office bldg leaves their lights on 24/7 I would find that to be a problem
3. The widow frames/casings were black/grey I would of gone more with white.
4. I really think that original asking prices for the units being auctioned were too high.
Overall if you can purchase any of these auctioned condos for let’s say $500 to $600 per sq ft I think you’ll get a good deal.
What are your thoughts?