Oct 2009 23

building

First we had The Back Bay Bryant switching hands from Otis to Campion.  Now it looks like we have a similar happening with luxury condominium building Zero Marlborough.  Looks like the developer has dropped Tracy Campion in favor of Boston real estate powerhouse Beth Dickerson who will now head sales of the 4 remaining units priced at $4,125,000.

The official website of Back Bay 0 Marlborough describes the building as; “Overlooking the historic Public Garden, Zero Marlborough defines the elegance of one of Boston’s finest neighborhoods. This magnificent landmark building has been transformed into a collection of spacious one-floor residences, offering a boutique lifestyle and concierge-level service.

Zero Marlborough was awarded the 2009 Preservation Achievement Award in the category of Significant Rehabilitation and Restoration from The Boston Preservation Alliance.”

The boutique luxury building offers large floor-through units with unbeatable views of Boston’s Public Garden.

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For buyer representation or to schedule a showing please contact Jeanine Heller at 508.930.6232 or email jheller@warrenre.com

Oct 2009 22

photomandarin

This morning I while checking out the new listings of the week I noticed something unusual – something which seemed conflicting especially in this economy.  Now before I point this out I want to acknowledge that while Back Bay property values have held strong throughout the “crisis” it is still certainly not the market of pre 2006.  Thus today’s confusion at the pricing of Mandarin Oriental Unit 9E-B at $4,200,000 since it sat unsold  with an asking price of $3,995,000 (originally $4.5) for 286 days until taken off the market in November of 2008 .

Personally, I think a good strategy would be to price this unit on the lower side – stir some interest, get buyers in and sell at a fair price.  Without a doubt units at the Mandarin do have a prime Back Bay location, all the amenities  of the 5star hotel and not to mention direct access to both Pru and Copley shopping.  It will be interesting to see what happens.

If you would like to schedule a buyer showing please contact me at 508.930.6232 or email jheller@warrenre.com.

Property Details:

Bed: 2   Bath: 2.5

2,607 sq.ft. ($1,611.05/sq.ft.)

Description (as stated in MLS): Amazing FRONT FACING totally finished 2 Bed/2.5 Bath at the Mandarin Oriental! On the 9th floor of the desirable East tower, this 2600+ sq ft luxury residence offers the best in full service living that Boston has to offer! Oversized living dining room with cascading views over Back Bay Proper to the campus of MIT and beyond! Finished with beautiful Ash floors, custom moldings and built-ins, and a gas fireplace! 1 Assigned Parking Space Included! Available to Rent at $18,500/mo!

Oct 2009 20

fp3-condos-exterior-rendering-2

 

UPDATE:  IT”S ALL JUST A RUMOR FOLKS- THE LOFTS WILL NOT BE AUCTIONED.  The team has just confirmed that there is no truth to the rumors.  We thought so as sales have greatly picked up over the past few months.  Keep up the great work.

Oct 2009 20

Here’s the results from the auction of The Bryant Back Bay – all sold within 30 minutes.  Due to the success of the auction The Bryant will be selling 30 additional units at Auction Pricing – Act Fast!  For further information please call Jeanine Heller at 508.930.6232 or email jheller@warrenre.com

Click here to view results

bryant-columbus-condos-exterior-rendering

Oct 2009 12

natick-mall-condosATTENTION: Nouvelle at Natick condos - For the next 30 days ALL AVAILABLE UNITS will be available for purchase at auction prices. Contact Jeanine Heller 508.930.6232 or email jheller@warrenre.com

Nouvelle at Natick condos is running an “auction price” special on units – they have extended auction pricing for a limited time. Not only will auction prices be available, but two of the auction units from the Nouvelle at Natick auction are available again. Since the winning bidders of unit #904 (one bedroom + study, 1028 sq ft, $315,000) and unit #913 (3 bed, 1774 sq ft, $501,000)  chose to UPGRADE to larger units because of the incredible values & deals.

43 units were sold at the Natick Nouvelle high-end residential condominium building. 

AUCTION RESULTS:

Unit # / Unit Type / Last Asking / Price Sold For / SQ/FT $/SF  / % Off List Pirce

902     2 Bed / 2 Ba.  $679,900    $355,000  1068   $332              -48%

1002  2 Bed / 2 Ba.   $699,000    $363,000  1068   $340             -48%

626    2 Bed / 2 Ba.   $829,900    $394,000  1212   $325             -53%

632    2 Bed / 2 Ba.   $839,900    $391,000  1212   $323             -53%

1006  2 Bed / 2 Ba.   $695,900    $367,000  1168   $314             -47%

906    2 Bed / 2 Ba.   $639,900    $348,000  1168   $298             -46%

806    2 Bed / 2 Ba.   $644,900    $353,000  1168   $302             -45%

948    2 Bed / 2 Ba.   $649,900    $411,000  1236   $333             -37%

848    2 Bed / 2 Ba.   $624,900    $402,000  1236   $325             -36%

748    2 Bed / 2 Ba.   $599,900    $385,000  1236   $311             -36%

943    2 Bed / 2 Ba.   $839,900    $413,000  1310   $315             -51%

843    2 Bed / 2 Ba.   $819,900    $417,000  1310   $318             -49%

722    2 Bed / 2 Ba.   $614,900    $380,000  1330   $286             -38%

622    2 Bed / 2 Ba.   $698,900    $388,000  1330   $292             -44%

1004  1+ / 2 Ba.        $734,900     $328,000  1078   $304             -55%

904    1+ / 2 Ba.        $699,900     $315,000  1078   $292             -55%

704    1+ / 2 Ba.        $739,900     $364,000  1078   $338             -51%

924    1+ / 2 Ba.        $509,900     $312,000  1041   $300             -39%

824    1+/ 2 Ba.         $604,900     $310,000  1041   $298             -49%

624    1+ / 2 Ba.        $579,900     $308,000  1041   $296             -47%

1003  1 Bed / 1.5 Ba. $509,900    $266,000  875     $304             -48%

903    1 Bed / 1.5 Ba. $489,900    $260,000  875     $297             -47%

603    1 Bed / 1.5 Ba. $449,900    $255,000  875     $291             -43%

944    1 Bed / 1.5 Ba. $559,900    $290,000  922     $315             -48%

844    1 Bed / 1.5 Ba. $534,900    $285,000  922     $309             -47%

744    1 Bed / 1.5 Ba. $514,900    $281,000  922     $305             -45%

942    1 Bed / 1.5 Ba. $504,900    $249,000  796     $313             -51%

842    1 Bed / 1.5 Ba. $479,900    $249,000  796     $313             -48%

1013  3 Bed / 2 Ba.    $1,114,900 $510,000  1774   $287             -54%

1205  3 Bed / 2 Ba.    $1,684,900 $628,000  2110   $298             -63%

1105  3 Bed / 2 Ba.    $1,584,900 $604,000  2110   $286             -62%

1209  3 Bed / 2 Ba.    $1,599,900 $570,000  2056   $277             -64%

1204  2 Bed / 2.5 Ba. $1,284,900 $470,000  1596   $294             -63%

923    2+/ 2.5 Ba.       $765,900    $399,000  1495   $267             -48%

927    2+ / 2.5 Ba.      $984,900    $447,000  1591   $281             -55%

827    2+ / 2.5 Ba.      $765,900    $395,000  1591   $248             -48%

701    2 Bed / 2 Ba.    $649,900     $333,000 1167   $285              -49%

601    2 Bed / 2 Ba.    $634,900     $335,000 1167   $287              -47%

926    2 Bed / 2 Ba.    $645,900     $346,000 1212   $285              -46%

826    2 Bed / 2 Ba.    $784,900     $347,000 1212   $286              -56%

932    2 Bed / 2 Ba.    $659,900     $350,000 1212   $289              -47%

813    3 Bed / 2 Ba.    $1,059,900  $489,000 1774   $276              -54%

913    3 Bed / 2 Ba.    $1,069,900  $501,000 1774   $282              -53%


Averages                     $769,367     $375,884  1261   $300              -49%


Total Sales Volume $16,163,000  Total: 43 Units Sold @ Auction


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