Archive for the 'Boston Condominiums' category

Rendering of the exterior of The Edge in Allston

Construction is underway on the Edge in Boston, the second building in a collection of environmentally-prudent, luxury apartments in Boston’s Allston neighborhood, labeled ‘The Green District.’

The Green District, developed by the Mount Vernon Company, is the largest, privately funded, multi-family community in the history of Boston’s Allston neighborhood. It is conveniently located on the Allston/Brookline border, just a block from the Green Line. Each building offers unique character, while all are constructed to the highest, environmental standards to earn LEED-certification.

Green certification isn’t the only merit of the Edge, however; the beautiful Allston apartments feature all the amenities one could ask for, and more. The modern new construction flaunts eco-friendly, loft-style apartments with 9’ ceilings. The unit mix consists of studios, 1 bedrooms, 1 bedroom + den, and 2 bedrooms. Each apartment offers designer kitchens with silestone countertops and stainless steel appliances. In-unit stackable washers and dryers make laundry less of a chore.

This apartment residence is truly a community, providing ample space for residents to interact. An outdoor patio complete with gas grills, a movie theater, and a putting green provide plenty of opportunity for tenants to become neighbors, and neighbors to become friends. For those looking to embrace the outdoors while exercising, the state-of-the-art fitness center opens out onto a terrace. Both surface and underground garage parking are available.

Leasing has already begun on The Edge, with tenants able to take occupancy August 1st, 2013.

You can view the full listing page here: The Edge in Allston. 



If you’re interested in living at The Edge in Allston, please contact Boston Realty Advisors’ rental team at 617-375-7900.

(Photo Credit: boston.curbed.com)

Developers have finally broken ground and began construction on the much anticipated 120 Kingston Street project in Boston’s Chinatown neighborhood. The Boston Redevelopment Authority Board gave final permission to project developers Forest City Residential and Hudson Group North America to begin construction on their proposed 26 story residential tower. The $130 million project will add another 240 high end rental units to the Boston rental market by the beginning of the 2014 season.

Located at 120 Kingston Street on the edge of Boston’s Chinatown district, the apartment complex will run along the Rose Fitzgerald Kennedy Greenway and feature studios, one bedroom, two bedroom, and three bedroom unit floor plans. The project is being led by the architectural firm of Elkus Manfredi Architects, and will incorporate designs of granite, concrete, and glass into the 26 story tower.
 
The structure will also have 4,500 square feet of retail space incorporated into the building for shops and a planned restaurant with outdoor space. There will also be a 2,000 square foot outdoor space along the Rose Fitzgerald Kennedy Greenway. The residential tower is expected to boast fantastic views of both the Boston Commons and South Boston’s Seaport District.

The development is being constructed over the site of the former 113 year-old Dainty Dot hosiery building, which the developers first purchased in 2006.  The 120 Kingston project was previous approved in 2008; however, original plans for a smaller structure with less rental units were put aside for a grander design supporting a larger scale development. 

While this development is underway and not yet ready for the upcoming rental season, we have several comparable listings in and around Chinatown, the Leather District, and South End neighborhoods. These include The Residences at 210 South Street, The Metropolitan, and other luxury apartment buildings in Boston.

Please contact Jonathan at 617-320-6548 or jgoldman@bradvisors.com to schedule a showing of available apartments and luxury units in the downtown areas.

Photo Credit: boston.curbed.com

The “power-house” development firm, Millennium Partners LLC,  is right back to work in Downtown Crossing, with the Boston Redevelopment Authority granting approval on its plans to build a whopping 55-story residential skyscraper in the heart of downtown Boston.  Located at the former Filene’s site on Washington Street, the new development is expected to cost an estimated $620 million to build. Construction is set to begin within the next year, with delivery slated for the 2016-2017 rental and sales peaks.  The ambitious project, totaling 500-600 rental units, takes a giant leap forward with this new approval from the city with the key involvement of Millennium Partners LLC.

Long referred to as the “Burnham Building restoration project,” the city of Boston had met with developers and planners for years in hopes of turning the site into something beneficial to the Downtown Crossing area. Previously, the site had been under agreement with developers from Vorando -- a New York based real estate investor -- but plans for the 39-floor project they envisioned never got off the ground; efforts to reenergize the development also fell silent.

Enter Millennium Partners!  Millennium Partners LLC is no stranger to the Boston development arena, Millennium Partners had already built the Ritz-Carlton, Boston Common hotel and residences, and now, it is currently constructing Millennium Place, a 15-story full-service luxury residence. The level of new construction and redevelopment in the Downtown Crossing area is unprecedented, and as city planners hope, will add new residents and business opportunities to the city for years to come.

When completed, the 55-story, 606-foot building will become the third tallest standing structure in the city of Boston, behind only the John Hancock tower at 790 feet, and the Prudential Building at 751 feet.  In addition to the 500-600 residential units planned in Millennium Tower, the developers also intend to fully restore the 100 year old “historic” Burnham Building and use 230,000 square feet of the first several floors for commercial and retail space.  The site will also feature a “Shopper’s Park” and outdoor amphitheater to energize pedestrian activity in the neighborhood.

Related Listings
Luxury Apartments in Boston

(Graphic Rendering of the Kensington)

In October of 2011, Kensington Investment Co. Inc. and National Development broke ground on their planned 27-story residential tower at Washington and La Grange Streets, now being called The Kensington, in the Downtown Crossing neighborhood of Boston, between Chinatown and the Theater District.  The estimated $172 million project encompassing more than 345,000 square feet, will introduce 385 brand new apartments to the already increasing rental housing market of the downtown Boston area.  The Kensington project joins the ranks of several other new construction projects in the immediate area; such as the nearly completed Millennium Place that will all be ready for occupancy starting in the late 2013 rental season.   

In addition to the units on the above floors, the development will have 4,000 square feet put aside during construction to leave available for future retail and commercial space.  The Kensington apartments will sit on top of what used to be the Gaiety Theater, once home to cinematic, burlesque, and vaudeville performances until its demolition in 2005.  The partners behind this bold new construction have also planned to reserve space for the display of old artifacts from the Gaiety Theater for exhibition purposes.

Related Rental Listings and Residential Availability:
Boston Luxury Apartments

Unlike many cities in the United States at this time, consumer belief in the Boston rental market is at an all time high.  Investors and developers believe that Boston is uniquely primed for such expansion because of the many university and graduate students who chose to remain in the Boston area well after they graduate their degree programs.  It is this reason, above all, that the demand for apartments by men and women in the age group, Generation Y, that is driving this increased growth in the Boston rental market.   

For more information regarding rental housing in Boston’s Downtown Crossing, please contact me. I can assist you with finding an apartment in Downtown Crossing.

Jonathan Goldman, Residential Leasing Associate
T: 617 850 9614
email: jgoldman@bradvisors.com

(Sketch of Millennium Place's exterior)

The latest in a series of brand new construction projects that have seemingly invaded the Boston area within recent years, Millennium Place is the newest addition to the multi-million dollar projects slated for release within the coming months in the Downtown Crossing neighborhood.  Originally named Hayward Place, the $220 million project will be adding another 256 rental units to the notoriously low inventory of the Boston market just in time for the rental season of 2013.  The 15 story residential structure, which has since been renamed, Millennium Place earlier this year is underdevelopment by Millennium Partners on lower Washington Street, and will feature one, two, and three bedroom units.

    •    256 Rental units
    •    Expected Fall 2013
    •    Sports Club/LA fitness center on-site
    •    Private screening theater
    •    Children’s Room daycare facility
    •    Private garden green for residents

The 390,000 square foot endeavor will also include 125 individual underground parking spaces, and will retain nearly 10,000 square feet street level retail space reserved for shops and businesses.  The once vacant parking lot will now be a new destination for home owners and businesses in the area that Mayor Thomas Menino has been trying to breathe new life into for over a decade.  Since 2002, the Downtown Crossing area has seen record transformation and investment; which is a miracle to say the least for an area that during the 1970s, used to be dominated by strip-clubs, bars, and other less than savory businesses. 

Millennium Place takes joins others in a sea of new construction projects in the neighborhood, standing opposite the Millennium Partners built Ritz-Carlton Boston Commons Hotel, and will be joined by the current Kensington project; which will add another 381 rental units to the growing area within the next year or so.  Despite these tumultuous economic times felt by many, investors and entrepreneurs continue to invest in the Boston area, and developers will continue to provide new and luxurious housing to a market that remains competitive and ever-growing.  Downtown Crossing is just one example of a Boston neighborhood that is expanding to meet the demands of new tenants in a city where housing is always in demand!

Related Property Listings and Immediate Availabilities:
Millennium Place Boston

For more information regarding rental housing in Boston’s Downtown Crossing, please contact me. I can assist you with finding an apartment in Downtown Crossing:

Jonathan Goldman, Residential Leasing Associate
T: 617 850 9614
email: jgoldman@bradvisors.com
 

The Residence at the Ritz boston luxury condos supplies the penultimate living experience in the downtown Boston area. Among the most well-known of Boston's luxury apartment buildings, the full service package at the Residence at the Ritz luxury condos -- located within the Ritz-Carlton Boston Commons Hotel at Downtown Crossing -- towers above its rivals. 

The accommodations promote city living at its absolute best; located just minutes away from Boston’s Beacon Hill and Back Bay neighborhoods, these stylish modern units are situated perfectly in the downtown Boston area, granting access to the theater district, 5-star restaurants, exclusive shops and boutiques, and unparalleled views of the city.  If you’re seeking to own or rent a piece of the legendary hotel chain or just looking to indulge in Boston's historic luxury apartments, no alternative comes close to matching the lavish lifestyle offered by this collection of Boston luxury condos, available at the Residence at the Ritz Towers.  

Boasting over 300 condominium style homes in spectacular one, two, three, and four bedroom floor plans, the Residence at the Ritz luxury apartments and condos come with only the finest in modern urban luxury amenities.  The residents have full access to the 100,000-square foot luxury sports and fitness center, the Spa which offers body treatments, massages, facials, and other beauty services, and the exquisite dining experience that is the hotel’s new exclusive restaurant, The Artisan Bistro. Among its most famous of residents, former Boston Red Sox All-star Manny Ramirez made his home at Ritz during his tenure with the team.

The Ritz-Carlton, the gold standard of luxury hotel living in Boston, has become a hallmark of Downtown Crossing since 2001, located just adjacent to the city's beautiful Boston Commons. Originally situated on the corner of Newbury Street and Arlington Street in downtown Boston, and one of the first few luxury condominiums to open in the United States, The Ritz-Carlton became known as the hotel of kings, movie stars, and corporate leaders. The Ritz-Carlton attributes its many years of success and customer loyalty to the philosophy of its one-time President Horst Schulze, who believed the company should aspire to the mission of “ladies and gentlemen serving ladies and gentlemen.”

Related Property Listings:
Ritz-Carlton Boston Luxury Apartment and Condo Listings
Availability at the Ritz-Carlton, Boston

The Millennium Partners-owned Ritz-Carlton Boston Commons Hotel will soon be joined by the Kensington project, which will add another 381 luxury rental units to the Boston area within the next year, and the Millennium Place development, which will bring another 256 luxury apartment and condo units to Downtown Crossing. Despite the economic landscape, investors and entrepreneurs continue to invest in the Boston area, with new, luxurious housing alternatives augmenting the already flourishing market. Downtown Crossing is just one neighborhood in Boston that's expanding to meet the demands of new tenants with an eye for luxury living.

Ok, Let's talk about value. Usually, not a word that can be thrown around lightly in the tight & desirable loft market in Boston. But I'm about to show you something, and if you are quick enough, you can take advantage: 

First of all, I can't tell you how many people in the marketplace hover around Court Square Press in the Seaport District in Boston, looking for a loft to call home. This is one of the most popular loft buildings in the Boston area for a reason: 24 hour concierge, deeded garage parking, 20,000 Square Foot outdoor rooftop terrace with a lap pool & grills!, media room, and updated fitness center - plus it's literally just steps from the Redline. 
There's also the units: true brick and beam style lofts, handsome, elegant, but also that perfect touch of raw factory style that adds that extra flair to make these homes a cut above (check out the homepage of www.BostonLofts.com. There's a reason I feature that Court Square Press unit as "THE" loft in Boston!).
Convenience, style and good living….Must be pricey, right? Well, Court Square's lofts have been selling at about $500 per square foot lately - even with the parking. So, the value is obvious for this building.

But wait - it gets better!
 How does $426 a Square Foot AND $67,000 UNDER assessed value sound for a Two-Level Penthouse?!



Yes- read quickly, here's the details:

·          Price: $799,000


·          Size: 1872 Square Feet


·          Rooms: 2 Bedrooms / 2 Full Baths & 1 Half Bath


·          Parking: 1 deeded GARAGE spot

Here’s a little more:
Boasts soaring 10 - 25 foot ceilings, Master Bedroom with en-suite Full Bath & huge walk-in closet. Dramatic lofted Livingroom / Diningroom / Kitchen with original wood beams & exposed brick, perfect for entertaining or just relaxing in a spacious & ultra-cool loft. Chef’s Kitchen includes stainless steel appliances (including wall oven) with amazing storage, midnight black granite countertops and upscale wood cabinets.

Yes, you are interested. Private showings: call Paul Santucci 617-694-0004 or email me at

paul@bostonlofts.com

No. 6 Newbury, designed by architects Peter Marino and Richard Bertman, is intended to resemble Coco Chanel’s Paris apartment and first store. Above left, a rendering of No. 6 Newbury; above right, the exterior of 31 Rue Cambon, Paris.

A new luxury building is coming to 4-6 Newbury Street, which currently houses a garage. Construction on No. 6 Newbury will begin in late spring, with units expected to be ready in Feburary of next year.

The first two floors will be home to a 10,000 square foot Chanel store, and the exterior is intended to be reminiscent of Coco Chanel’s Paris apartment and first boutique. The four floors above the store will contain six luxurious residences.

These two and three bedroom condos, ranging from 3,000 to 4,500 square feet, will feature finishes customized to their respective owner’s style requests.

The price? If you have to ask, you can’t afford it. These units are expected to sell for between $3.5 and $6 million, depending on size and specifications.

 • New Luxury housing, two-story Chanel planned for Newbury Street [Boston.com]

• Chanel No. 6: Details On New Newbury Street Condos [Curbed]

The Fenway, one of Boston's more notable areas, may soon be holding the title of the state's first Cultural District.

If given the support at today's November 14th, City council hearing, the Fenway Cultural Districy (FCD) will be able to apply for the designation; which is given to areas rich in cultural institutions.  The idea of Cultural districts were introduced during a state legislature vote last year as part of an economic development bill.  Due to the newness of the program, the Massachusetts Cultural Commission (MCC) has not deemed any other Boston areas as "Cultural Districts."

The hope is that marketing the Fenway neighborhood as a cultural district will bring about increased tourism, public improvement projects, and higher property values. Which in turn has promise to help boost the local economy by helping to keep businesses afloat and appearances up to par. 

Unfortunately, funds have not yet been set aside by the state to help this program get on its feet.  So for at least a year most of the funding will be done by local organizations and fundraising.  "It's in a dream phase...We'll hopefully see see a lot of concrete things come out of this (hearing)," said Kelly Brilliant, executive director of the Fenway Alliance. "We would really like to think of this as enhancing the entire neighborhood."

If supported by the local elected leaders, the application will hopefully be filed with the MCC by the end of the month, says Brilliant.

Click here to browse Fenway-area condos for sale.

NEW TO THE MARKET!  SPACIOUS, IMMACULATE JAMAICA PLAIN LOFT FOR SALE!

Last week I got a call from a listing agent to preview a loft in the Boston Area about to hit the market, which is always a pleasure, as I'm eager to get a jump on what's coming up and always willing to give an opinion when asked. It's rare to find something I haven't seen before, but this one was in a complex that I had actually never visited in Jamaica Plain.

From the photo that was sent to me, I knew I was going to see something special, but I was truly delighted by what I saw when the door was opened. 
Every detail in this delightful modern / clean / bright / inspiring loft is about as perfectly thought-out as you can find. From enormous windows to giant canvas-ready walls, to the elegant and industrial style staircase anchoring the levels, to the airy & extremely functional kitchen and dining areas, to the hardwood floors (YES they are gleaming), to the lofted Master Suite (perfectly perched over the huge livingroom) with a spa-like bath, this is about as flawless as it gets with a loft.


Usually when I'm assisting a client in their search, about half of the loft spaces have a "flaw" – well, because lofts sometimes don't always give you much storage or closets, or there is something to be desired in the layout. I really can't find anything that I don't like about this loft! It has amazing storage space (even the well-place murphy bed minimizes the space taken up in the lower level is a thoughtful touch), tasteful lighting, well-designed baths / pantry / closets. The bonus is an easily accessible roof area that is ready to for a roof deck - Boston views included!


Oh, and ever so convenient is that it's steps to the Green Street T stop in Jamaica Plain, has parking included, and is on the bike path!



• 1900 Square Feet (although feels closer 25')
• 2 Bedrooms (including the amazing Master Suite)
• 1 Full Bath & 1 Half Bath
• Parking Included
• Great Jamaica Plain location
• Price: $519,000