Here are some real-estate and neighborhood tidbits for all of you fellow news junkies:
— There’s a lot of interest by potential buyers in snapping up the assets of the bankrupt Upper Crust pizza chain, the Globe reports. More than 40 potential bidders have expressed interest in buying the pizzeria business.
Still no word on the ultimate fate of the Charles River restaurant.
— AvalonBay Communities says it may convert to condos some of its planned 503 apartments in a new tower it expects to build next to TD Garden in Boston. Any apartment-to-condo conversions will depend on market conditions, the developer says.
Here’s betting the market has improved enough for a few such conversions. They wouldn’t have brought up the subject if it wasn’t feasible.
— The U.S. Commerce Department says new-home construction starts jumped by 3.6 percent last month, for the most number of housing starts since July 2008.
Hmmm. What happened immediately after July 2008? Oh, that’s right. Fannie Mae went belly up in August 2008, followed by Lehman Brothers in September 2008.
File under: Not bad
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Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs
In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.
For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.
Charles River Park
Surrounding Communities of Boston
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.
Ford Realty Inc
137 Charles Street
Boston, Ma 02114