
High-Water Marks for Eastie Condos
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.
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.
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.
Overnight, deluxe high-rises like the 60-story One Dalton and its $34 million, 7,500-square-foot penthouse have seemingly become an icon of a soon-to-bygone age.
Anecdotal evidence that many of Boston’s newly built luxury condos sit unoccupied as part-time residences or “wealth storage lockers” for out-of-town investors is bolstered by the findings of a new housing market study.