The Boulevard – Greenway Condo Building Tops off

The New Tower on the Greenway

Occupying the bustling corner lot between Broad Street and John F Fitzgerald Surface Road, The Boulevard is the latest luxury condominium development to take form in the heart of the Rose Kennedy Greenway.

Read more

Crane Watch: New Interior Photos Released for Seaport’s Echelon

EchelonHeader

Boston’s booming Seaport District is procuring yet another monumental development with the construction of Echelon along Seaport Boulevard. While we’ve seen several exterior renderings illustrating the towers’ massing and distinctive design, we’re finally getting a glimpse into the stunning amenity and residential spaces occupying the 1.3 million square-foot development.

Read more

Seaport Condo Tower to Break Ground In Wake of Legal Battle

SeaportCondo

One of the Seaport’s most highly-anticipated residential developments will officially break ground this Spring.

Following its approval by the Boston Planning & Development Agency last March, 150 Seaport Boulevard quickly became one of the Seaport’s most widely-discussed residential developments. The 22-story waterfront tower will undoubtedly serve as part of the architectural renaissance contributing to the Seaport’s booming ecosystem.

However, project developer Cronin Holdings had been in hot water following a legal battle over its construction. The Conservation Law Foundation had filed suit against the South Boston-based real estate developers, alleging that the tower would restrict the public’s access to the waterfront and set a precedent for privatizing the neighborhood’s public locations. The two parties have since reached a settlement.

Read more

Compass Acquires Bushari Real Estate and Expands Presence in Greater Boston

 

CompassBostonHeader

 

BOSTON — Compass, the real estate technology company, has announced it has acquired Bushari Real Estate on the heels of a recent $450 million investment by the Softbank Vision Fund. With the addition of Bushari, Compass’ Greater Boston team has grown to nearly 150 agents representing $1.21 billion in annual sales volume. Compass’ regional headquarters on Newbury Street is now the number one office in Boston by sales volume.

 

Bushari, founded in 2008 by husband and wife-team Elad and Mara Bushari, has built a strong roster of agent talent. The company was built on a strong ethical foundation and a commitment to form a forward-thinking Boston real estate company with an acute focus on exceptional customer service. In 2017, Bushari was recognized as the fastest-growing private real estate firm in Massachusetts by Inc. 5000.

 

“Compass’ focus on arming their agents with world-class technology and support resonates with our commitment to help agents continually improve their business,” said Elad Bushari, co-founder of Bushari. “This is a great move for our clients who will benefit from Compass’ technology and nationwide network of buyers, sellers, and agents.”

 

“As we began to look at ways to grow our footprint in the greater Boston region, it became clear that the expertise and close community ties Bushari agents have in the market, paired with their appetite to bring best-in-class technology and support to their clients makes Bushari a great addition Compass,” said Jeffrey Heighton, General Manager of Compass Boston. “We’re thrilled to welcome Bushari to our growing Compass family in Boston and nationwide.”

 

Compass has committed to expanding to every major U.S. city and opening 70 new offices this year. In addition to Boston, Compass currently has a presence in New York City, Los Angeles, San Francisco, Washington, D.C., Chicago, Dallas, and Miami.

 

To view Boston listings, find an agent and explore neighborhoods and market insights, visit www.compass.com/boston.

 

About Compass


Compass is a real estate technology company with a powerful end-to-end platform that supports the entire buying and selling workflow. We deliver an incomparable experience to both agents and their clients all in service of the Compass mission: to help everyone find their place in the world. Founded in 2012 by Ori Allon and Robert Reffkin, Compass operates in 12 regions across the United States: New York City, Los Angeles, San Francisco, Boston, Washington, D.C., Chicago, Dallas, Miami, Orange County, The Hamptons, Santa Barbara and Montecito, and Aspen. Learn more and find your place at www.compass.com and compass.com/careers.

With Bitcoin’s Surge, Cryptocurrency Makes Inroads into Real Estate Sector

Crypto
In September of 2017, cryptocurrencies took a major step toward legitimacy when Texas luxury real estate firm Kuper Sotheby’s International Realty announced that it had conducted the country’s first real estate transaction using Bitcoin. The cryptocurrency has already been used in retail and restaurants, and it was only a matter of time before it made its way into the home buying process. Since then, Bitcoin has been used to purchase everything from land in Lake Tahoe to condos in Manhattan and the UK. Are these sorts of transactions the future of real estate arrangements or just a passing trend?

Read more

The Most Anticipated Boston Developments Planned for 2018

dev2018Blog

2017 has been a banner year for Boston’s construction market. We’ve seen everything from converted gothic churches to 200-unit waterfront complexes and even Boston’s largest mixed-use project in 30 years. Could 2018’s proposed developments possibly hold a candle to those of the previous year? We’ve gathered up a wealth of under-construction developments from Bushari’s Boston Crane Watch to find out.

Read more

How a Net Neutrality Repeal Will Affect the Real Estate Industry

BlogUpdateNetNeutrality

In an event that is making top headlines across news publications and social media outlets, the Federal Communications Commission has recently voted to dismantle rules regulating the businesses that connect consumers to the internet. The agency abandoned the “net neutrality” regulations that prohibited broadband providers from blocking websites or charging for higher-quality service or content. While the ruling has shaken the tech world as ISPs and high-bandwidth sites are directly affected, the tremors are certain to be felt across numerous businesses and industries. The real estate sector has generally sought to keep streaming and internet service providers choice in consumers’ court. The National Association of Realtors has frequently voiced their support of net neutrality rules – and here’s why.

Read more

Long-Awaited Fenway Center Development to Break Ground Mid-January

FenwayCenterBlog

Locked in development purgatory for almost two decades, the 1.1 million-square-foot Fenway Center project is finally slated to begin construction. The announcement came this week from the Massachusetts Department of Transportation, which has closed a $21 million, 99-year lease with developers John Rosenthal and Gerding Edlen. Rosenthal and Gerding Edlen secured a building permit and closed on a $240 million construction financial package so that the first phase of the project may begin as soon as possible.

Read more

Eye in the Sky: Millennium Seeks to Curb Seaport Traffic with Aerial Tramway

Gondola

 

Millennium Partners, the developer behind Boston’s soaring Millennium Tower, is currently in talks with state and local officials in what may be their most innovative project yet. The firm seeks to ease the commute throughout the burgeoning Seaport neighborhood by constructing a gondola system that would transport as many as 15,000 people a day between South Station and the Seaport District. Though it sounds like a whimsical proposal, Millennium has already expressed their willingness to contribute up to $100 million to get the project off the ground.

 

Read more

Now Under Construction: The Archer Residences at Beacon Hill

ArcherUpdateFB

The Archer Residences – previously known as Archer | Donahue, will deliver 71 luxury condominiums to Boston’s historic Beacon Hill. Occupying the lot at 33-61 Temple Street, The Archer Residences is situated across from the distinguished Massachusetts State House and has been masterfully designed to reflect the charm and character of the Beacon Hill neighborhood.

This new residential project calls for the construction of luxury condos with resident amenity space and below-grade parking for 54 vehicles. The site includes two connected buildings totaling approximately 171,950 gross square-feet and an adjacent paved area. The first building, known as the Gleason L. & Hiram J. Archer Building (Archer) was once used in the past for Suffolk classroom space. the second building, known as the Frank J. Donahue Building (Donahue) was used for Suffolk classroom and administration space. While the proposal has since dropped the “Donahue” designation, both buildings will still be graciously renovated for luxury urban living.

0.870260001493136475 (1)

The Archer Residences will embody the architecture befitting the historic Beacon Hill neighborhood. A detailed facade and new projections will be added to the building to assist in complimenting its design and character. Developers JDMD Owner LLC have expressed their keenness to pay attention to the general design, arrangement, texture, material, and color of the architectural features involved and the residence’s relationship to its surrounding buildings. The Archer Residences will truly embody the modern character of the famed Beacon Hill neighborhood.

While few renderings have yet been publicly released for the residences, more will be made available – in addition to detailed floor plans – on Bushari’s Boston Real Estate Crane Watch as construction progresses. Condominium sales are anticipated to begin by late 2017/early 2018.