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.
Reality has yet to catch up with all the years of hype about the promise of “Midtown,” maybe best known for the posh Millennium Tower and the hum-drum shopping district it lords over.
Is that a money tree growing on the Millennium Tower’s penthouse terrace?
The highest unit in downtown Boston’s Millennium Tower is back on the market, with an asking price $10 million higher than its 2016 sale price.
The BPDA has kicked off an intensive planning process to look at the future of downtown Boston, and City Hall’s interest in taking a deep dive on the future of the neighborhood comes as development interest in the area bubbles.
Has Boston’s ridiculously hot condominium market finally peaked? After rising for years, the price of Boston condos put under agreement actually fell in the first quarter of 2019 to $639,000, a drop of $10,000, or 1.5 percent.
The market remains firmly tilted in sellers’ favor, but is beginning to show signs of a correction while two record-setting ultra-high-end condominium developments scheduled to open this spring in Back Bay and asking prices for Boston condos continue to rise.
Boston real estate agent and condo expert David Bates reviewed the 50 most expensive (per square foot) Boston condominiums in 2017 and found five key amenities they had in common.
The demise of Boston’s first “skinny tower” highlights anew an ironclad rule of development in the Hub: Unless you are well-connected power player about town, forget about trying to build anything.
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
It’s time to say good riddance to the state’s silly shadow law.
The aim of a pair of arcane and quixotic 1990 statutes – technically two separate laws, one for Boston Common, the other for the Public Garden – are to protect the crown jewels of the city’s park system from the shadows that would be cast by new towers.
The 13,000-square-foot grand penthouse at Boston’s new Millennium Tower sold Wednesday for $35 million, or $2.5 million less than the asking price.
The second full week of July was huge for the 60-story Millenium Tower Boston. Nearly three years after breaking ground at the site of the former Filene’s in Downtown Crossing, the first wave of units closed at the Boston’s tallest residential building.
Life in the Millennium Tower Boston is a study in contrasts, from the clubby residents’ lounge with its marble and wood finishes to the modern living quarters above with floor-to-ceiling windows showing off expansive views of Boston and beyond.
