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Winthrop Square Tower Height Lowered Over Flight Path Concerns – Condominiums Unaffected

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One of Boston’s most highly-anticipated residential structures has been knocked down a peg. Millennium Partners, developers of Boston’s upcoming Winthrop Square Tower, have announced their intentions to lower the height of the proposed building from 775 feet to 702.

The project calls for a $1.02 billion, 55-story luxury tower situated in the bustling Financial District. The developers recently discovered that the 775 foot tall structure would have stood in the path of of one of Boston Logan Airport’s runways, thereby diverting planes to other runways and sending them over communities north and west of the city that already endure increased air traffic. In talks with the Federal Aviation Administration, Millennium Partners found that a building no larger than 702 feet above sea level would be within the boundaries and avoid hindering takeoffs. In order to comply with federal rules governing building heights near airports, the height of the tower was lowered by 75 feet.

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Massport’s Logan airspace map suggests a limit of 725 feet at Winthrop Square.

The 1,100,000 to 1,500,000 square-foot mixed-use project will contain residential and commercial uses as well as a below-grade garage with 550 parking spaces. The reduced height will discard five to seven floors of proposed office space as opposed to condominiums. These residences at Winthrop Square Tower are expected to redefine luxury living in the neighborhood, as it is one of the few residential high rise buildings in its proximity. It is rare for a building of this height to be proposed in the Financial District, as most of the city’s skyscrapers are situated in the Back Bay neighborhood to avoid flight path issues with Boston Logan. Millennium and its architects are currently studying plans to see if they could add to the width of the tower to avoid greatly reducing its gross square footage. The plans for the project were already controversial, as a massive tower could potentially cast shadows on the surrounding Norman B Leventhal Park and several historic structures. Though the shorter tower will cast a shorter shadow, an upgrade in its width is not without consequences.

We can expect a new round of detailed plans to be unveiled by Millennium Partners and their architects later this year. Stay up to date as more details come to light through Bushari’s Crane Watch on BostonRealEstate.com.

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Rebuilding Work Commences on Fire-Ravaged Waltham Development

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This week, developers Daiwa House and Lincoln Property have commenced a rebuilding initiative on Downtown Waltham’s luxury residential development, The Edison on the Charles. The 10-alarm fire, which spread across five buildings along Elm Street, left the complex disintegrated to rubble.

While the cause of the fire is still under investigation at this time, fire safety advocates voiced that the wood used to construct the building was susceptible to this type of damage. “It’s like a box of matches because it’s all unprotected wood. It fails rapidly which means you have the collapse of the building fairly quickly,” claimed Chief David Mottor, president of Fire Chiefs Association of Massachusetts. Since the building had no smoke detectors or sprinkler systems yet installed, it wasn’t possible to alert firefighters to stop the flames early on.

Developers of the project seek to rise the building from the ashes. John Noone, Executive Vice President of Lincoln Cooper Street LLC’s Northeast region plans for cleanup of the demolished structures to commence next week, with construction of the development’s five buildings starting after. “We’ve received our insurance proceeds and we’re going to proceed and rebuild exactly the same project, in the same location, with all the benefits that the city of Waltham is going to attain from this development”, Noone remarked.

The Edison on the Charles will feature 264 residential apartments consisting of four studios, 174 one-bedroom residences and 86 two-bedroom residences. Taking advantage of its location along Cooper street, the development is conveniently located along the bank of the Charles River with easy access to the Greenway and several acclaimed shops, restaurants and museums. Just down the street, the Waltham train station will whisk residents to more Boston excitement. Interstates 90 and 95/128 are a short drive from the project. Luxury amenities at The Edison on the Charles will include garage parking, a state-of-the-art fitness center, outdoor communal space with a swimming pool, and a resident lounge. While the damage has been a significant setback, developers Daiwa House and Lincoln Property are looking forward to delivering much-needed residential space to the growing neighborhood.

Read more about the development, along with forthcoming renderings and floor plans via Bushari’s Crane Watch.

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Bushari Welcomes Allison Friedman

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We are happy to announce Allison Friedman as the newest member of the Bushari Real Estate team. Allison is an energetic sales professional who strives to provide her clients with the highest level of service; by gaining a true understanding of her clients and their goals and remaining fully committed through each step of the process, she aims to make each transaction smooth and seamless.

Allison grew up on Cape Cod, working for her family real estate firm and graduated from the University of New Hampshire. After spending eight years in high-end software sales, Allison decided to take the tools and knowledge that she had gained in that industry and applied them to her true passion: real estate. She is strategic, organized, accountable and understands the importance of a strong work ethic, making her an asset to those she works with.

Allison currently resides in Somerville with her husband and Goldendoodle. In her spare time, you can find her at the beach or on the ski slopes, depending on the season.

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Bushari Real Estate Named by Inc. 5000 as One of the Nation’s Fastest Growing Companies

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Inc. magazine today ranked Boston-based Bushari Real Estate no. 1,779 on its 36th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small and mid-sized businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.

“We are thrilled and humbled to be honored with this award. We founded Bushari Real Estate in 2008 to reflect our commitment to building a next-generation real estate company with an acute focus on exceptional customer service and targeted, high-end marketing,” said Elad Bushari, co-founder and CEO of Bushari Real Estate. “We believe that buying and selling homes should be exhilarating, seamless and richly rewarding,”

Bushari Real Estate earned the number 1 spot as the fastest-growing real estate company in Massachusetts, with $7.1 million in revenue in 2016 and 217.74% growth over the last three years.

Bushari Real Estate continues to set the bar in the Boston real estate market for Internet outreach, professionalism and performance. As an independent, luxury-focused firm, Bushari specializes in niche marketing, tailoring their approach to each property and individual client.

Prior to establishing Bushari Real Estate, co-founders Elad Bushari and Mara Bushari were a top-producing Boston real estate team. Elad was recognized as one of the top 30 agents nationwide under 30 years old in REALTOR® Magazine’s “30 Under 30” in 2009. Mara was named as one of the “Top Ten Women in Real Estate” by the Boston Herald in 2010. As a family owned firm, Bushari has its finger on the pulse of the local market and the agility to quickly adjust to market changes in creative and unconventional ways.

“The Inc. 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc. 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”

The 2017 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 16) is the most competitive crop in the list’s history. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

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Finishing Touches Underway at 170 West Broadway

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The interior finishes are well underway on South Boston’s newest luxury condominium development, 170 West Broadway. Located in South Boston’s Saint Vincent neighborhood district, the project brings 33 residential home-ownership condominium units and 5,170 square-feet of ground-floor retail space to the vibrant area. The 33 outstanding condominium units are comprised of 16 one-bedroom and 17 two-bedroom residences. Eight penthouse residences will feature private roof decks. The project includes the removal of the existing single-story restaurant building and an upgrade with a new mixed-use building that includes ample on-site parking and related improvements in open space, landscaping, pedestrian and vehicular access and design.

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The new residential building will consist of approximately 46,194 square-feet of gross area, with 33 condominium homes and ground-level retail/restaurant space with a fifth level penthouse for enhanced residential occupancy. 39 on-site parking spaces will be contained within a private heated parking facility situated underground and at-grade. The fifth level penthouse will include duplex units with dedicated roof terraces situated behind the parapet wall.

With dozens of residential and commercial developments planned for the neighborhood, South Boston has become one of the hottest neighborhoods to live. Inquire about the last remaining units at 170 West Broadway and view floor plans and renderings via Bushari’s Crane Watch.

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Download the 2017 Q2 Boston Real Estate Market Report

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Our comprehensive 2017 Q2 Boston Real Estate Market Report will give you the tools you need to better understand local trends and home values. We break down the data in a clear and concise fashion, allowing you to quickly refer to relevant statistics while seeing the full, in-depth picture. See where the Boston real estate market has been and gauge where it’s going.

This report is a valuable tool in helping you continue to make the best home purchasing and selling decisions.


download your free report

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Bushari Welcomes Otto Iglesias

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We are happy to announce Otto Iglesias as the newest member of our team. Otto is a skilled attorney and real estate professional who utilizes his unparalleled work ethic and effervescent personality to assist clients in meeting their real estate needs. Otto has been working in the real estate industry for more than sixteen years, and is dedicated to providing the highest caliber of customer service. He is devoted to working tirelessly for each client, ensuring that he is available and committed to exceeding their expectations. Otto is fully committed to helping clients through the buying, selling and rental processes. Past clients have remarked on how Otto’s attention to detail and skill have actually made a potentially stressful process enjoyable for them.

Otto received a Juris Doctor from Michigan State University’s College of Law in 1994 and an LL.M. degree in Trail Advocacy from Temple University in 2007. In 2013, he was admitted into the United States District Court for the District of Massachusetts in order to practice at the federal level.

Fluent in Spanish, Otto was born and raised in Miami, Florida. He currently resides in the Back Bay neighborhood of Boston and in Plymouth, Massachusetts. In his spare time, Otto enjoys traveling, attending concerts and spending time with friends and family.

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Bushari Welcomes Anthony Enslow

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We are proud to welcome Anthony Enslow as the newest member of the Bushari Real Estate team. Anthony is a real estate professional with a strong, in-depth knowledge of Boston and surrounding towns, having lived in the city for nearly 18 years. Known for his high energy and sharp, client-tailored direction, he has enjoyed a high rate of returning clientele and referrals. His ultimate goal is to ensure those seeking a home are presented with the best and most complete array of options within a refreshingly efficient and concise framework of time and resources.

Originally from Wichita, Kansas, where he worked in hospitality and as a musician, Anthony moved to Boston in 1999 and graduated from Boston University with a Master’s Degree in Arts Administration. As his marketing savvy grew, as well as his desire to work face-to-face with people, he decided to pursue a career in the real estate industry.
Anthony currently resides in Beacon Hill and spends most of his free time enjoying the city with his wife and children.
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1350 Boylston Development Gets a New Name

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Introducing The Harlo – Fenway’s newest luxury residential development. The 17-story building is set to bring new life to luxury living in Boston’s rapidly-growing neighborhood.

Developers Skanska USA have announced that completion of the Harlo is expected for Fall of 2017. Its 212 apartments are composed of a brilliant array of unique studios, one-, two- and three-bedroom residences. Units will feature exposed concrete ceilings, quartz countertops and panoramic views of Fenway Park and beyond. The building’s residences are further complemented by a number of exceptional amenities including a fitness center and yoga room, a lounge and billiards area, conference room, outdoor terrace with cabanas, and an expansive top-floor sky terrace with panoramic Fenway views. A two-level parking garage with car charging stations will complete this exciting new project.

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An LEED-Gold certified development, The Harlo will be consistent with the Fenway Urban Village Plan which seeks to further develop the Fenway neighborhood into an area “where people can live, work, shop and entertain in a single urban area”. Photos and Floorplans are now available at Bushari’s Crane Watch.

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Front Row Fireworks: 5 Homes with Picturesque City Views

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This Tuesday, we celebrate our nation’s day of Independence. And with that, Bostonians are getting geared up for a dazzling display of fireworks over the Charles River. However, it’s not always easy to get a good vantage point. We’ve compiled a few homes for sale that not only give you front row tickets to the show, but offer breathtaking city skyline views year round!

141 Dorchester Ave #909

Neighborhood: South Boston

Beds/Baths: 2 Beds/2.5 Baths

List Price: $1,560,000

This LEED Gold-certified residence is awaiting your arrival in the neighborhood’s coveted Macallen building. #909 offers more than 1,730 square-feet of living space spread across three elegant levels. The home features exquisite finishes throughout, including bamboo floors and oversized windows with dramatic city and harbor views in each room. Its dine-in kitchen offers high-end appliances, a center island with breakfast bar and unique architectural details. Retreat to the first floor, consisting of a master bedroom with en-suite bath and two large closets, as well as an additional, second bedroom and another full bath. The upper level is highlighted by a living room, with built-in wet bar, which connects to a spectacular private roof deck – the perfect venue for entertaining or relaxing.

 

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In-unit laundry and one deeded garage parking space complete this home. Enjoy sweeping skyline views from every room!

More pictures available here.

Contact Randy Horn at 781-367-1598 or randy.horn@bushari.com to learn more.

 

285 Columbus Ave #805

Neighborhood: Back Bay

Beds/Baths: 3 Beds/2 Baths

List Price: $2,488,000

This sunlit and spacious corner-unit loft is located in one of the Back Bay’s finest luxury buildings. Perched at the top of the highly coveted 285 Columbus Lofts, this stylish penthouse features walls of windows, offering spectacular views of the city skyline and bustling neighborhood below. Its chef’s kitchen comes with high-end stainless steel appliances, granite countertops and a breakfast bar. The bedrooms and generously-sized and flooded with natural sunlight; the master bedroom comes with en-suite bath and a large walk-in closet.

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Amenities in this professionally-managed building include concierge, elevator and a common roof deck – perfect for entertaining guests. In-unit laundry and a private storage unit complete this spectacular home.

More pictures available here.

Contact Eric Tam at 617-803-5683 or eric@bushari.com to learn more.

 

45 Province St #2302

Neighborhood: Midtown

Beds/Baths: 2 Beds/2 Baths

List Price: $1,600,000

Offering breathtaking views of the Boston Harbor & Financial District from its floor-to-ceiling windows, this stunning 2 bedroom home is located on the 23rd floor of 45 Province – one of Boston’s most luxurious residential buildings. The home features a spacious, open floor plan with designer finishes and bamboo flooring throughout. Its kitchen is built for the home gourmet, with Subzero and Bosh stainless steel appliances and a kitchen bar with built-in gas range, perfect for entertaining with friends and family. The impressive master bedroom comes with a custom walk-in closet and spa-like en-suite bath. A well-appointed second bedroom, in-unit laundry and 1 deeded parking space complete this home.

 

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Located in the heart of downtown Boston, 45 Province offers unparalleled amenities, including a spectacular rooftop terrace with heated outdoor pool, concierge, Exhale spa, fireside library and screening room. Surrounded by the finest restaurants, shops and entertainment destinations, this home puts the best of Boston at your door.

More pictures available here.

Contact Eric Tam at 617-803-5683 or eric@bushari.com to learn more.

 

186 Havre St

Neighborhood: East Boston

Beds/Baths: 2 Beds/2 Baths

List Price:

186 Havre St #3: $650,000

186 Havre St #4: $625,000

186 Havre St #1: $575,000

Only three units remain at East Boston’s newest boutique luxury development. Each residence features 2 bedrooms and 2 full bathrooms with high-end finishes and a clean, sophisticated aesthetic. Enjoy fabulous Boston skyline views from all three of these units as well as an abundance of natural sunlight. The property is situated in an outstanding location, earning it a 95 Walkscore – moments to the Maverick or Airport MBTA Blue Line T Stops, allowing easy access to Downtown Boston and State Street.

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At the Faretra, you’ll be within moments of famed Central Square, Piers Park and all of the wonderful shops and restaurants throughout the neighborhood.

More pictures available for Unit 3, Unit 4, Unit 1.

Contact Matthew Diozzi at 617-413-8188 / matthew@bushari.com to learn more.

Contact Daniela Cafaro at 617-797-0056 / daniela@bushari.com to learn more.

 

1 Canal St #PH1106

Neighborhood: North End

Beds/Baths: 2 Beds/2.5 Baths

List Price: $7,600/mo

Enjoy modern living in the North End’s newest luxury residence. This one-of-a-kind penthouse duplex features two private terraces and unobstructed views of Boston Harbor, the North End and Rose Kennedy Greenway. The home offers high ceilings with oversized windows with hardwood flooring throughout. Stylish kitchens feature stone countertops, GE Monogram appliances and gas cooking. This apartment is unlike any other in the city.

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World class amenities include a rooftop social lounge with panoramic city views, boasting a heated swimming pool, cabanas and movie theater. Work out in the sprawling fitness center with yoga and spin studio. Or let your inner-chef embrace the grills in the courtyard. At One Canal, your moments from the Financial District, Boston Common and MGH. Enjoy the ultimate residential experience at One Canal. Currently offering six weeks free for a lease beginning by July 23, 2017.

More pictures available here.

Contact 617Living at 617-500-9900 or 617living@bushari.com to learn more.