Recently, there have been three newly completed luxury developments that have added 371 units to the Boston condo market — with an average two-bedroom price tag of $1.2 miilion.
So how do three of the city’s swankiest properties stack up? Boston Magazine writer, Rachel Levitt, went under-cover as a potential buyer to find out.
Before I tell you who the winner is, let’s take a look at the contenders:
Boston W Residence: Twenty-eight stories bordering Chinatown; from 427-square-foot studios to a $4 million three-bedroom penthouse.
45 Province: Thirty-two story tower in Downtown Crossing; from 800-square-foot one-bedrooms to 2,800-square-foot three-bedrooms.
The Clarendon: Thirty-three stories in the Back Bay; from 589-squre-foot studios to a 3,545-square-foot three-bedroom penthouse.
And the winner is …
This is how Boston Magazine broke it down:
W Residence: Didn’t make the cut. As Rachel Levitt describes it: “The much-hyped W doesn’t feel fresh or authentically glam. Its international brand, however, will keep sales steady even if locals don’t bite.”
45 Province: Another runner-up. The verdict from Boston Magazine: “Compensating for its less-than-perfect locale, 45 Province offers an impresive menu of amenities. But competing with the Clarendon’s opening may force prices down.”
Winner! The Clarendon: “The Clarendon was built for the luxury market, and luxurious it is.”
Congratulations to the Clarendon developer and their marketing team!
And now for a selfish plug-in: one of my “top brokers” just recently had a closing at the Clarendon. … Thanks Vilma, good job!
