24
March
2017

39 Commercial Wharf East #4 // SOLD

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39-4 Commercial Wharf (6 of 8)

39 Commercial Wharf East #4 SOLD for $1.15M. 2 Bed | 2 Bath in original condition. Representing one of the highest numbers achieved for the complex. That’s a price per sq/ft of $865! We congratulate both buyer and seller.

22
March
2017

Eastern Banker’s Building

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Eastern Bankers Building

The Eastern Baker’s Supply Company building located at 133-169 North Washington Street has just sold for $10.5M. The property sold to a real estate development company, Ad Meliora, and included the sale of the commercial building as well as a neighboring three family property. With 25,000 square feet alone in the Baker’s building there are many opportunities for development. Ad Merliora specializes in residential development and redevelopment. At this point it is too early to know specifically what the company plans to appropriate the recent acquisition for. Please contact CL Properties for updates on this property and information on what will be developed at this prime location.

22
March
2017

Sail Boston 2017

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Sail Boston 2017 is a special week that celebrates the rich maritime history of Boston and the world. From June 16th to June 22nd, over 40 tall ships will be docking in the Boston Harbor along the Waterfront and Seaport. The week of events is as follows:

Parade of Sail
Saturday, June 17, 2017

Sail Boston Festival
Saturday, June 17, 2017 – Wednesday, June 21, 2017

Public Boarding of Ships
Saturday, June 17, 2017 – Wednesday, June 21, 2017

Crew & Cadet Street Parade
Presented by Downtown Boston BID

Downtown Crossing
Monday, June 19, 2017

Tall Ships Depart
Thursday, June 22, 2017

http://www.sailboston.com/events/

All of the events are free and open to the public. As we float into spring 2017, let’s get excited about Sail Boston!

21
March
2017

New Listing: 6 Fernway, Winchester MA

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A grand estate that will leave you speechless. 6 Fernway boasts a meticulously kept household featuring landscaped grounds and a large backyard–perfect for family entertaining. You will find the most elegant features in all 18 rooms. Contact us today for a showing.

20
March
2017

LOVEJOY WHARF – Schedule Showings Today

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Sales begin early April at Lovejoy Wharf, the luxury 157 condo development by Related Beal. Residences at Lovejoy Wharf will include one, two & three bedroom condos. The larger, upper floor condos will have City & Harbor views. The building will feature a fitness studio & health club, residential lounge, billiards room and rooftop terrace with sweeping views.

Please contact us to learn more or schedule your showing at Lovejoy Wharf.

15
March
2017

South Station Tower

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There are many exciting developments on the horizon in Boston and one of particular interest to those in the condo market is the South Station Tower which is due to break ground this Spring. This location is prime for a residential development being located between the ever-changing Downtown Crossing and nearby Seaport District. The original structure of the busiest train hub in New England will stay in-tact with an elegant 677 foot tower on top. The new development will consist of a hotel, condominiums as well as high-end office space. There will be 155 condominiums which will be on the upper floors with outstanding views of the Harbor and city. Contact CL Properties for more information about this exciting development.

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3
March
2017

President Carmela Laurella Featured on U.S. News

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Just this morning U.S. News posted an article called “3 Things Boston Home Sellers Should Ask Before Hiring a Real Estate Agent”. When in need of expert advice for sellers, you need look no further than our very own Carmela Laurella–the best there is!

“Carmela Laurella of CL Waterfront Properties agrees that referrals are key. She says she always provides a list of references at the end of every listing appointment, ‘even if the seller doesn’t ask.'”

Check out the article, linked below!

http://realestate.usnews.com/real-estate/articles/3-things-boston-home-sellers-should-ask-before-hiring-a-real-estate-agent/

2
March
2017

Lovejoy Wharf – Summer 2017

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Coming Summer 2017 to the Boston Waterfront! A 15 story mixed use building filled with studio, one, two, and three bedroom condos featuring floor-to-ceiling windows, and incredibly quick access to the Northend/Downtown areas. This 157 unit/mixed-use building comes with 187,000 sq/ft of office space, retail, and restaurants. Lovejoy will include a health club, fitness studio, residential lounge, library, Billiards room, and a rooftop terrace. Contact our team for more information today! It’s never too soon–email carmela.laurella@clproperties.com.

1
March
2017

Spring Market Coming Soon

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Anyone actively looking to purchase in the Greater Boston real estate market is fully aware that the largest obstacle has been the lack of inventory. While many prospective buyers are hopeful that this trend will change, data has shown that inventory levels continue to fall. January has proven to have the smallest influx of new properties in over a decade. On the flip-side home prices have continued to increase throughout Boston, mainly due to the strong demand and low supply. One corner of the real estate market which is seeing a polar opposite reaction has been rentals. Apartments, especially older properties, are taking longer to find tenants and are leasing for lower prices than they were previously. A great deal of new construction citywide has been for apartment complexes which increases overall rental inventory and diminishes the achievable rents for older properties.

With a relatively mild winter prospective buyers are hopeful that the typical influx of new listings for the spring market will come sooner than later. That being said there is no question the competition for these properties will remain high. In this competitive environment it is paramount to be well represented by a strong buyer’s agent who is looking out for your best interest and able to put the deal together. CL Properties has represented hundreds of buyers in this highly competitive market with great success.

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