Did you miss Banker & Tradesman’s June 28, 2021 webinar on the pandemic’s impact on luxury living in Boston and beyond? Catch up on what experts from The Collaborative Cos., the Noannet Group and CBT Architects have to say about the future of luxury development.
East Boston is a neighborhood on the shortlists of condominium shoppers looking for new construction with luxury amenities and arresting skyline views – Seaport District perks at a discount.
The Boston real estate market has been experiencing a wild ride since mid-2020 when COVID-19 appeared on the scene. The speed of the precipitous pricing decline for both urban core rental and for-sale product surpassed even 2008’s historical crash.
The resiliency of the downtown Boston residential condominium market is currently evidencing itself, despite the devastation caused by the global pandemic and has again marched forward through a recession.
Despite its bumper crop of new luxury condominium towers, Boston won’t be joining the gilded world of $100 million penthouses anytime soon. The mixed results of sales of several luxurious penthouses points to a price ceiling of sorts.
While 2020 has been downright disastrous in so many ways, it has truly excelled at delivering a bumper crop of big, fast juicy gobblers to skewer, from doomed projects to idiotic proposals.
Boston Harbor is nationally renowned as a maritime resource with a long and distinct history of social and economic uses but building the next generation’s waterfront requires a reinvention of one of our greatest assets – the working port.
For the first time in a generation, the suburbs are hot and the downtown Boston condo market is not, with unsold units piling up and the median sale price dropping. Is it simple caution caused by economic upheaval, or something more?
In a time of quarantine, downtowners become envious of those with backyards and uncrowded streets. And so, people ask, will the “new normal” include forsaking cities like Boston to move back to the ‘burbs?
When Cabot, Cabot & Forbes and partner Blue Vista Capital Management acquired the former St. Gabriel’s Monastery, the development team recognized the historic importance and uniqueness of the space, and committed to making the property’s history a focal point of our design.
The stakes are high for developers who are wrestling with how to make high-density urban living attractive to potential buyers and tenants, amid lingering questions about the length of the pandemic and its effects on the housing market.