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Boston Real Estate Market Report – 2015 Q3

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Our 2015 Q3 Boston Real Estate Market Report is now available for free download. Filled with the most comprehensive and up-to-date market statistics, this report is a valuable resource for buyers, sellers and agents alike.

The third quarter saw Boston’s home values continuing their upward trajectory with overall sales up 7.58% over 2014 with a 6.37% higher average selling price. Download our report today to see what the market looks like in your neighborhood.

download your free report

 

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Take a Deeper Dive into Boston’s Pools with Our Free ebook

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The dog days of August are upon us and, even though Labor Day is just a few weeks away, the summer isn’t quite over. In fact, Boston is experiencing another hot weekend and people all over the city are looking for ways to beat the heat. A little bit of research revealed that there was no comprehensive list of Boston’s residential pools available to the public. So, to make your search a little easier we have compiled The 2015 Bushari Guide – The Residential Pools of Boston, a free ebook now available for download.

Boasting the most comprehensive and up-to-date list of Boston properties where you can live and swim, the book provides full-color photos and descriptions of each pool, as well as the amenities and services available at each. Whether you’re looking to buy or rent a home in the city, our ebook will give you the scoop on the hottest properties to cool off.

 

download your free copy

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Copley Place Tower Given the Go-Ahead

Artist rendering, courtesy of the "Copley Place Retail Expansion and Residential Addition Project Summary"

Artist rendering of the newly-approved Copley Place Tower, courtesy of the Boston Redevelopment Authority.

The Boston Redevelopment Authority last night approved several projects with the aim of fulfilling Mayor Martin J. Walsh’s plan to greatly expand the city’s housing inventory by 2030. Among the projects approved by the BRA’s Board of Directors was a revised plan for the expansion of Copley Place, which includes a new skyscraper that will deliver 542 new residential units to the heart of the city.

The residential and retail expansion of Copley has been on the table since 2006, but the project has been held back due to various issues, most recently that overhangs from the building were encroaching into “non-approved spaces.” With last night’s approval, however, those issues have been resolved and Simon Property Group, the project’s developer, can move forward with their $500 million construction.

According to the project summary, the forthcoming Copley Place Tower will rise to heights of 569 feet and plans to “successfully meet the needs of Boston and its residents.” Simon Property Group and their development advisers have carefully studied Boston’s evolving housing market.

The developers want to ensure that their project will improve the lives of all Bostonians and not just residents of the tower. Plans call for “carefully executed design strategies” with the goal of improving the location’s overall pedestrian experience and aesthetic. Some of the expected benefits include improved public transit and a reduction in the number of commuters in single-use vehicles, as well as the creation of 1,477 construction jobs and approximately 250 permanent jobs.

The residential tower at Copley Place will follow the likes of the Millennium Tower and One Dalton as the most recent additions to Boston’s quickly transforming skyline.

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246 Marlborough Street #2 is Back on the Market!

If you are looking to get into Boston’s Back Bay for an amazing price, you are in luck! 246 Marlborough Street, Unit 2 just came back on the market. This spacious condo features a large walk-in closet and amazing private patio, all in the heart of the Back Bay. Legally a one-bedroom, this home is currently used an an open studio. It features a private entrance and large bay window. Call Brendan Cavanaugh at 617-794-5638 for more information and to schedule a private showing.

246 Marlborough St. #2

OPEN HOUSE Sunday Aug. 25th from 11:00am – 1:00pm

$425,000

246 Marlborough

 

 

 

 

For more information about Boston Real Estate, Boston Lofts, Boston Condos and Boston Apartments, visit BostonRealEstate.com or call your Bushari Group Agent.

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Celebrity Neighbors

The Lovely Power Couple

You know what Boston needs, other than a 24 hour Whole Foods? I will tell you. It needs more celebrity neighbors. In New York or LA you see famous people walking around in their casual wear (think velour jogging suits with fun phrases on the rear end). We know this because their pictures are in the tabloids all the time toting their groceries without having been glamorously touched up for the day.

In case you haven’t heard, Boston‘s Chestnut Hill neighborhood is expecting to get two VIP members: Supermodel Gisele Bündchen and New England Patriots quarterback Tom Brady. The two have been checking out properties in the ritziest area of Brookline to establish a new foundation in Boston. They recently sold their 5,000+ sq ft Back Bay penthouse  at 310 Beacon Street to a high ranking official from Chile for $9.2 million, 1.2 million less than the original asking price of $10.5 million. The home was becoming less accommodating of their ever increasing family and greater need for space, but the couple is allegedly leasing it back from the buyer.

The power duo is looking to build their new home on 5 acres of  land belonging to the all women’s Pine Manor College. The Brookline Zoning Board of Appeals met with Pine Manor’s officials last Thursday in hopes of selling their land. The Bündchen-Brady team would be conveniently situated next door to the Patriot’s owner Robert Kraft. There is no news yet as of the outcome of this situation partially because of the college’s desire to put things on hold until after the students have finished with the semester’s final exams. Who can really blame them though. Can you imagine a school of 500-some  young women all twitterpated over the fact that T&G might be gracing their presence any day now? With neighbors like that, I would imagine the potential of this new home would give Pine Manor greater visibility, considering it’s been a small lesser known liberal arts college tucked away in the suburbs of Chestnut Hill. Perhaps some lucky ladies will even get to score some Pats tickets or some swanky Victoria’s Secret lingerie. One can dream….

 

 

 

 

 

 

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RENT ME: 24 Holyoke Street Unit 3

Right in between 3 T stations, Back Bay, Prudential and Copley, are the very lovely and very elegant condos of 24 Holyoke Street. I am pleased to announce that unit 3 is now for rent.

Feast your eyes on this beautifully renovated 1+ bedroom / 1 bathroom  South End / Back Bay apartment . If you’re looking for amazing views of the Prudential Tower and John Hancock building, look no further. You’ve got the convenience of both the Back Bay and the South End, so you will always have plenty to do and see.

What could be better than coming home to a relaxing bubble bath in a fantastic marble tub fit for only the most  luxurious of cleansings. Or perhaps it’s a beautiful starry night, in which case you’ll want to see the sky from your own private balcony. Don’t forget that Fall is here now so you may wish to host a nice autumnal gathering. You’ll have plenty of space to prepare a feast in the beautiful kitchen and the fire place in the living room provides a wonderful ambiance.

QUICK STATS

  • Price: 3,200/month
  • Size: 758 sq ft
  • Date Available: ASAP
  • 3 Bed / 1 bath
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer / Dryer
  • Area Amenities: Public Transportation, Park, Walk / Jog trails, Bike Path, Highway Access
  • Rent Fee includes: Water, Sewerage Disposal

 

For more information on this listing r please contact Bushari Group’s fashionably elegant Michelle Villari: michelle@bushari.com / 508.479.0880

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Hot New Back Bay Property: 461 Commonwealth Ave

The corner building at 461 Commonwealth Ave is a quintessential representation of classic Boston architecture. This Back Bay home gives you exclusive views of Boston’s landmark buildings, the Prudential and John Hancock Towers. This exquisite unit brings in brilliant daytime sunlight with three full sides of windows. Situated in the perfect location, you’re only steps away from Fenway Park, Newbury Street, the Charles River, public transportation and all major highways.

The 2+ bedroom floor through home features impeccable inlaid wood floors, 18 beautifully majestic windows, two fireplaces, a tastefully renovated eat-in kitchen, two marble baths, a private balcony, gas heat/cooking, and central air conditioning. Whether you take the train, bus, car, bike or walk, this is a prime commuter location with everything at your fingertips.

 

Quick Stats:

  • Price: $899,000
  • Tax: $8,930
  • Condo Fee: $385 (includes water, sewer, master insurance, snow removal)
  • Size: 1418 sq ft
  • Unit Level: 3
  • Units in Complex: 5
  • Bed: 2+
  • Bath: 1.5
  • Fireplaces: 2
  • Parking: 2 rented spaces
  • Area Amenities: Public transportation, shopping, park, walk/jog trails, medical facility, laundromat, bike path, highway access, house of worship, private school, public school, T station, university

 

 

For more information or to schedule a showing, contact Bushari listing agent Chris Thoman at 617.669.5847  or email chris@bushari.com

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RENT ME: 154 Newbury 4AR

154-newbury

If you were paying attention to the previously posted arcticles, you would’ve noticed that the Back Bay Newbury Street rental I posted just below this one looks practically identical in title (and pictures) to this one. Well huzzah! That is because there is yet another available unit just one floor up and  the one below. How tremendously exciting. Now you can get three of your friends together and live in the same building. Obviously pick your favorite of the three to live in your apartment with you.

The stats are exactly the same as 154 Newbury Street 3AR. In case you don’t feel like opening that article, here they are again for your convenience 😉

Quick Stats

  • Price: 3,100
  • NO FEE
  • Size: 718 sq ft
  • 2 Bed / 2 bath
  • Available September 1, 2012
  • Laundry: In building
  • Elevator in building
  • Included: Heat/hot water
  • Pets allowed on case by case basis

For more information on this rental or to schedule a showing, contact: rentalteam@bushari.com or call (617) 615-9999

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Rent ME: 154 Newbury 3AR

Still looking for that perfect Newbury Street apartment? Need a bedroom for you and one for you friend/ one for you, one for all your clothes (guilty!)? Well 154 Newbury Street has some very lovely units still available for September 1st rental.

154 Newbury Street Building

Enter 154 Newbury Street, the lovely building in between Ben Sherman and PinkyOtto. To give you an idea of what your surroundings will be will entail, you’ll have Copley Square two blocks away. On Tuesday’s and Friday’s Copley hosts a fabulous array of farmer’s market medley so you can get fresh local produce and a variety of pre made foods from vegetable infused quinoa to gluten free turkey sandwiches made on homemade bread.

Across the Street you’ve got Starbucks, in case you’re not the 5 Hour Energy type, and Dunkin Donuts just down the street and over one block on Boylston. If you like more of an independent European style cafe and don’t feel like supporting The Man, there’s also L’Aroma Cafe in the Arlington direction, as well as Parish cafe on Boylston Street.

What about shopping If you’re looking for big name brands at always low prices, you’re just a few blocks from Marshall’s, also on Boylston. If you’re looking for big name brands at their retail prices, just keep going down Newbury or head to Copley Plaza. No judgement.

After you’ve done some extensive people watching, taken a scenic walk in the public gardens, stopped to smell the flowers, intentionally not fed the ducks, and marveled at the squirrel’s lack of intellect, You should probably check out your new apartment. Cuz it is pretty great, after all.

Gorgeous 718 sq. ft. 2 bed / 1 bath apartment on the fourth floor of 154 Newbury Street building. Enjoy the city’s best lifestyle. The bedrooms are not next to each other so you can enjoy your privacy. When you walk in the recently renovated kitchen is directly to your left featuring granite countertops and opens to a lovely intimately seated bar. The first bedroom is close by and at the entrance to the living room, while the second bedroom opens towards the back of the living room. Enjoy living in the most desirable neighborhood in Boston with a walking score of 100. You know you can’t beat that with a stick.  You’ll be positively thrilled to call this home, so holla at this baby real soon before it’s too late!

Quick Stats

  • Price: 3,100
  • NO FEE
  • Size: 718 sq ft
  • 2 Bed / 2 bath
  • Available September 1, 2012
  • Laundry: In building
  • Elevator in building
  • Included: Heat/hot water
  • Pets allowed on case by case basis

 

To schedule a showing or for more information on this rental please contact: rentalteam@bushari.com or call (617)615-9999

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RENT ME: 177 Newbury St PH-2

Hello, my adoring BackBay fans. I have another exclusive and glorious Newbury Street penthouse for you to feast your eyes on.  You will absolutely hands down love this scrupulously maintained rear facing unit located at 177 Newbury Street. If you prefer to be away from the bustling activity of Boston‘s most popular hot spot, try this one on for size. You’ll reap the benefits of living in a superb location, but you only have to deal with the city life when you step outside.

Enter the penthouse to the beautiful kitchen with stainless steel appliances and elegantly speckled granite countertops. The mix of recess, track and natural lighting gives both the kitchen and dining area a beautifully warm glow.

Step into the living room just  to the left of the dining area to a nice open space with a fireplace and mantle, surrounded by two large windows. This sunny spot is just perfect for catching up on a little quiet reading or for some flat screen television entertainment.

Take a quick trip up the first winding staircase to the master bedroom, where you will have ample space and a layout almost identical to that of the first floor. The upstairs bathroom features both a beautiful glass enclosed shower and separate hot tub, so feel free to get ready in a pinch or take your time in a soothing bubble bath.

One final flight up is the glorious roof deck, which makes city living all worth while. The view from the top is just what you need to put your mind at ease and float above Newbury Street’s activity below.

Available for September 1, so no procrastinating!

 

QUICK STATS:

  • Price: $4,300
  • Landlord Pays Full Fee
  • Size: 1,085 Sq Ft
  • 1 Bedroom 2 Bathrooms
  • Flooring: Hardwood
  • Laundry in Unit
  • Private Roof Deck
  • Date Available 9/1/12

 

To schedule a showing or for more information, contact: rentalteam@bushari.com