Brand-New Newbury Street Trophy Building Trades for $101M
The developer behind Newbury Street’s newest addition has sold the property to Spanish investor Azora.
The developer behind Newbury Street’s newest addition has sold the property to Spanish investor Azora.
The hotel portion and public plaza of Samuels & Associates’ new Lyrik development in Boston’s Back Bay are now open, and they include the biggest CitizenM hotel to date.
The popular Open Newbury car-free shopping events are expanding yet again, Boston Mayor Michelle Wu’s office says.
Samuels & Assoc.’s Rachel Diharce gives an inside look at how she and her team curated a unique retail experience at the new Lyrik development to cap off Boston’s iconic Newbury Street shopping district.
Boston’s biggest shopping street will be closed to cars every Sunday through the end of September in a dramatic move city leaders say will draw more foot traffic to stores and restaurants.
The old Boston, where the most important thing is who you know and what political strings you can pull, is still alive and well, if a legal battle playing out in state court is any indication.
Seaport District developers have moved to overcome design and urban planning critiques in recent years, but one retail sector is unlikely to move to the South Boston waterfront anytime soon.
With Beacon Hill beginning to consider what from the pandemic should stay, Boston Mayor Kim Janey said Tuesday that outdoor dining was not only a “lifeline” for restaurants in the city, but something that diners thoroughly enjoyed.
As the world begins to emerge from mandatory lockdowns and restrictions begin to ease, all signs point to a bright future for retail in Boston’s core submarkets.
Stephen Pleines founded Boston-based Eastern Land Co. in 2018. The Newbury Street brokerage represents such tenants looking for new locations as ATI Physical Therapy and juice bar CocoBeet, along with landlord representation.
As the commonwealth moves through Phase II of reopening, it’s hard to imagine the economy heading back to “normal” anytime soon. Many are even questioning if getting back to “normal” should be the goal.
It’s not only drivers who’ll have to adapt if Boston turns some streets over to pedestrians to allow for better physical distancing.
Boston is actively considering converting car lanes to additional sidewalk space, bicycle lanes and bus lanes to help speed the city’s recovery from the COVID-19 pandemic.
The shutdown of huge swaths of the economy due to the coronavirus emergency has put every part of retail, from department stores and luxury brands to mom-and-pops under siege.
Construction is expected to begin this spring on a landmark project that will change the view for Massachusetts Turnpike commuters and Newbury Street pedestrians alike, and on which Samuels & Assoc.’s Abe Menzin has played a key part.
The new owners of a Back Bay parking lot are proposing a five-story building to tap into the neighborhood’s high-rent office and retail markets.
Dutch boutique hotel chain citizenM and online vehicle marketplace CarGurus will anchor the parcel 12 air rights project in Back Bay.
For three Sundays this summer Newbury Street will become a pedestrian walkway closed to vehicles, allowing for an unusually leisurely stroll down one of the city’s most famous streets.
A parking lot on Boston’s tony Newbury Street that was once overlooked by a mural featuring everyone from Bette Davis to Isabella Stuart Gardner could be the site of Back Bay’s next development.
Emily Isenberg’s company straddles the worlds of event planning and retail real estate, working with retail startups and landlords on short-term strategies to fill vacant spaces with events and temporary tenants.