The Clarendon | Back Bay hits 50% sold mark
Feb 2011 25

Just fourteen months after its first closings were recorded, The Clarendon condominium development in the Back Bay neighborhood of Boston has hit the 50% sold mark, an impressive achievement given the state of the economy and national real estate market.

The Clarendon was designed by AM Stern Architects and built by a partnership of Related Companies and The Beal Companies. The residences have closed at an average price per square foot of more than $1150.

Sales continued at an even pace during 2010 after the expected rush of pre-construction closings just after completion, back in December 2009 / January 2010.

The condominium residences start on the 15th floor and feature captivating panoramic views of the downtown skyline, the Charles River, and Boston Harbor. The one to four- bedroom residences offer gracious layouts and are priced from $780,000 to more than $4 million. There are three penthouse suites available, too. Homeowners can enjoy access to a private spa and library among other amenities.

Floors three through fourteen are made up of apartments. It is branded as One Back Bay and is 100% occupied, currently. There is a two-story restaurant (Post 390) and US Postal Service branch on the first floor.

I have a private appointment with The Clarendon sales team and principals of Related Companies on Tuesday. I’ll have more to say after our meeting.

Please contact me if you would like more information on The Clarendon and to set up a private appointment to view any of the remaining homes.

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