Boston’s Luxury Market Hardly Headed for a Crash
Home flippers, investors and just plain everyday buyers across Boston and its many suburbs must have missed the memo.
Home flippers, investors and just plain everyday buyers across Boston and its many suburbs must have missed the memo.
Sales at the brand-new Pier 4 luxury complex aren’t letting up but already Boston real estate brokerage Advisors Living has landed the contract to exclusively market and sell a new luxury development, this time in the South End.
The management company for condominiums at the Intercontinental Hotel and Fan Pier has been selected to provide resident services for the first two towers scheduled to open at the EchelonSeaport complex.
Resilient designs and skyline views are attracting the first wave of residents to the 478-unit Clippership Wharf condominium and apartment complex in East Boston.
A waterfront sales center at 250 Northern Ave. is showing off the available finishes and vistas at the future St. Regis Residences, Boston condominium tower which is scheduled to open in 2021 in the Seaport District.
Presales and leasing for 368 apartments and 55 condos will begin in January at Bulfinch Crossing’s 46-story residential tower.
Developer Millennium Partners didn’t anticipate a renewed debate in Congress over carbon taxes as it started designing its $1.35 billion Winthrop Center tower. But the potential to reduce the 691-foot skyscraper’s energy consumption by up to 80 percent is starting to look more prescient.
With a glut of luxury apartments coming online, expect some unique sweeteners in leases this year.
Boston’s high-flying luxury apartment market is surely headed for a landing of some sort. The only question now is what just exactly what kind of landing it will be.
Work has begun at The Ceinture, a luxury condominium development on West Fifth Street in South Boston, according to an announcement from the developer.
In his recently released special report, Boston Realtor and real estate writer David Bates analyzes the first 425 sales in Boston’s 442-unit, Millennium Tower from every angle, resulting in