14
June
2012

Waterfront Properties in Boston Market Update!

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2012 Real Estate Stats for Waterfront Luxury Buildings

The local real estate market has been very active during the past six months. Much of this action has taken place here on Boston’s Waterfront. Below, find a table that displays the average price per square foot for some of the more popular buildings along the Waterfront:

PropertyAvg. Sale $/sq.ft. (past 6 months)
Battery Wharf915
Burroughs Wharf1,115
Commercial Wharf783
Harbor Towers513
Lewis Wharf731
Lincoln Wharf540
Prince Building657
Rowes Wharf896
The Mariner882
Union Wharf780

 

 

 

 

 

 

 

 

Here are some details on our beloved Waterfront buildings:

Battery Wharf:The Residences at Battery Wharf consist of 104  apartments. Battery Wharf is the home of the Luxury

Battery Wharf

Battery Wharf

Fairmont Hotel and enjoys full services, a fitness center, fine dining and Exhale Spa. This property is located on Boston’s Harbor, steps to the historic North End and minutes to Downtown Boston, Faneuil Hall, The Garden and all major transportation points. Battery Wharf, which got its certificate of occupancy in 2008, has only four original units left to be sold.

Burroughs Wharf: Burroughs Wharf, built between 1989 and 1993, is conveniently located at the edge of Boston’s harbor, steps from the historic North End and adjacent to the new Fairmont Hotel. Burroughs Wharf has 69 apartments located in two buildings. Amenities include at least one garage parking space and 24 Hour Concierge. Marina slips are available as well as a water shuttle to the airport. Burroughs Wharf, with its ceiling-to-floor glass windows, is known for its spectacular views of Boston’s harbor and skyline. Burroughs Wharf’s price per square foot currently sits at $1,115/sq.ft., but this does not include a 1573 square foot totally renovated home that is currently under agreement for approximately $1,400/sq.ft.

Commercial Wharf: Commercial Wharf is a five-story granite building consisting of 94 units. Built in 1832 for warehousing to and from the Far East, this property was converted into condominiums in 1978. This property is best known for its purest views of Boston’s skyline and harbor. There is Exclusive-Rights parking. It is also the home for the Boston Yacht Haven, and marina slips are available. Two stunning penthouses recently sold for over $980/sq.ft. This strong activity, coupled with the newly upgraded hallways, has made Commercial Wharf one of the hottest buildings on the Waterfront.

Harbor Towers: Harbor Towers I and II were designed by I.M. Pei in 1972 with an eye toward capturing the finest views of Boston Harbor and the city skyline from each unit. There are 312 units in each of these 40-story buildings with eight units on each floor. Services include 24-hour gated security and concierge, seasonal harbor-side swimming pool, renovated and furnished lobbies and on-site management. Harbor Towers has multiple units that are currently under agreement. When these homes close, the average price per square foot for these towers should experience an encouraging jump.

Lewis Wharf:  Lewis Wharf was built in the 1830’s as a major shipping warehouse and converted to condominiums in 1973. There are 90 residential units on four floors and 41 commercial units on the first two floors. These apartments, reminiscent of their historic beginning, have high ceilings, bricks and beams, and most have fireplaces. Building amenities include 24-hour concierge and security, two elevators, a luxurious swimming pool, beautiful gardens and the only rooftop common laundry room in the city with panoramic views of Boston. Rental parking is available. Lewis Wharf, the first building to be condominiumized along The Waterfront, continues to be a desirable building for any buyer. 

Lincoln Wharf

Lincoln Wharf

Lincoln Wharf: Formerly the MBTA Power Station, this Historic brick Waterfront building was built in 1901 and converted to condominiums in 1987. This lovely elevator building’s amenities include a 24-hour Concierge, a Fitness Center, an interior Atrium, a lending Library, a Function Room and a Harbor-side Garden. Lincoln Wharf, known for its spacious residences and Harbor views, is located on the primary footpath of the Waterfront between Battery Wharf and Union Wharf, adjacent to Burroughs Wharf, and is just a few steps from The Historic North End, Downtown Boston, and all major transportation points. Lincoln Wharf had 16 sales last year and was recently featured on Chronicle for its role as a “recycled” and revitalized building along Boston’s Waterfront.

The Prince Building: Converted to condominiums in 1974, The Prince Building in an elevator building with 42 condominium units with garage parking. This Historic Building was originally built in 1917 and was the site of The Prince Macaroni Company pasta factory. The Prince Building, known for its dazzling views, is situated on the primary footpath of the Waterfront across the street from Commercial Wharf East and Lewis Wharf and just steps from The Historic North End, Downtown Boston, Faneuil Hall and all major transportation points. This dynamic location is also close to the Christopher Columbus Park and The Rose Kennedy Greenway. Many of the East facing homes at the Prince Building feature spectacular Harbor views. Recently, a corner East facing penthouse sold for $668/sq.ft.

Rowes Wharf: The Residences at Rowes Wharf consist of 100 apartments and were built in 1987. They are a unique combination of quality craftsmanship, expansive water views and superb luxury hotel amenities. There is 24-hour concierge services, valet or self-parking, access to the Rowes Wharf health club and pool, and a marina. For the record, the price per square foot last year was $1,063/sq.ft. and was the highest on The Waterfront.

The Mariner: Converted to condominiums in 1984, The Mariner is a concierge building with 105 residential condominiums with garage parking. Formerly one of the waterfront warehouses, this building was meticulously renovated to showcase its maritime history. This property, known for its fabulous views, greenhouse windows and some of the largest decks on Boston’s Waterfront, also has a fabulous common roof deck with 360 degree views of the Boston Harbor and City Skyline. The Mariner is located on the primary footpath of the Waterfront and is across the street from Union Wharf and steps from the newly developed Battery Wharf and The Fairmont Hotel. It is also steps from the historic North End, downtown Boston, the Financial District, Faneuil Hall and all major transportation points. The Mariner features a spectacular home with one of the largest deck/garden on The Waterfront which recently sold for $1,269/sq.ft.

Union Wharf: Union Wharf is considered one of the most prestigious addresses on The Waterfront. These beautiful granite buildings were built in the 1830’s as warehouses and were converted into condominiums in 1978. This prestigious property is best known for its loft-like, brick-and-beam apartments, beautiful landscaping and “residential-like” feeling. This wharf is comprised of two granite buildings and 23 three-level townhouses. It consists of 89 units, of which 71 are residential and the remaining 18 are commercial/residential. These high-end buildings have 24-hour gated parking, full-time, on-site maintenance, a sea-side heated swimming pool, guest parking and marina slips. Union Wharf features a breathtaking penthouse that recently sold for $1,053/sq.ft.

13
April
2012

Breaking Records in this Busy Spring Market

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Residence 710 at The Mariner, SOLD!

CL Waterfront Properties has been making strides and breaking records  in this bustling spring market. Over the past six months the company has sold six properties between $1.8 Million and $2.6 Million with an unprecedented average of $1,066 per square foot! All of the high-end luxury sales were located along the primary footpath of the Waterfront in elite buildings including:  The Mariner, Burroughs Wharf, Commercial Wharf, and two sales at Union Wharf.

For more information about your home, or if you are looking to Buy or Sell, now is as good a time as ever. Contact our offices today!

3
April
2012

Exclusive Property featured in Boston Homes

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Exclusive listing on the luxury waterfront of Boston.

sleek, modern office in a loft-like setting.

“Sleek, sophisticated, sexy and scenic.” That is how Boston Homes correspondent, Barbara Forster, perfectly described our exclusive waterfront penthouse at 47 Commercial Wharf East, Unit 47-7.

Managed by our very own, Carmela Laurella and Chris Smith, this gorgeous boston luxury condo is on the market for $2,200,000.  It has original timber beams, exposed brick walls, white maple flooring, wide-open floor layout, state of the art appliances, and a modern look that can be unmatched.  Step out onto it’s private deck and discover breath taking views of the Marriot Long Whaf, the financial district, Columbus Park and much more.  This home is truly a sight to behold.

For more information about 47 Commercial Wharf East, Unit 47-7, please read the latest Boston Homes article “Seamless design in Waterfront penthouse” or contact Carmela Laurella today to schedule a showing.

"Sleek, sophisticated, sexy and scenic" best describes this gem.

"Sleek, sophisticated, sexy and scenic" best describes this gem.

16
November
2011

221-227 Commercial Street

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Beautiful Boston Waterfront Living

221-227 Commercial Street

On behalf of CL Waterfront Properties, LLC, we are pleased to present a unique development opportunity at a prime location on Boston’s Waterfront. Located across from Lewis Wharf at the intersection of Commercial Street and Atlantic Avenue, this property is situated steps to Boston’s Harbor, the Greenway, Faneuil Hall, the Historic North End and approximately ¼ mile from Downtown Boston and all major transportation points.

The site is comprised of 4,524 square feet and has a FAR of 3:0. Prime location and high visibility make this site a rare opportunity for development. Contact CL Waterfront Properties today for more information.

By Christopher Smith
Residential Sales

11
November
2011

Potential Development at Commercial Wharf East!

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Aerial view of the proposed development at The Pointe in Commercial Wharf, in Boston's Waterfront district

The Pointe offers a rare opportunity to develop on Boston's coveted Waterfront

“The Pointe” at Commercial Wharf, a development site comprised of 15,834 square feet of prime luxury Boston real estate, has recently been made available for purchase. This is an extremely rare opportunity for development along Boston’s prized Waterfront district, and the value of nearby North End real estate is sure to continue climbing as a result of this new development.

The Pointe is among the most coveted locations in Boston, offering superior access to and from some of the city’s finest neighborhoods. What makes development of The Pointe such a rare opportunity is this critical acessibility, not to mention the breathtaking views afforded of Boston’s iconic skyline.

Originally a humble docking port, The Pointe is a now an ideal location for deluxe residential and commercial space, and will surely be home to some amazing new Waterfront condos.  Contact CL Waterfront Properties, LLC today for more information on The Pointe and Boston’s Waterfront district. If you are in the market to develop premium property, don’t miss this chance of a lifetime to make a lasting impression on Boston’s Waterfront!

7
July
2011

“Old Ironsides” Annual Fourth of July Turnaround

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In part of a 4th of July tradition, the U.S.S. Constitution raised its colors, hoisted its sails and left port from the Charlestown Navy Yard for its annual turnaround.  “Old Ironsides” is the oldest vessel still commissioned in the United States Naval fleet.

In the Boston Harbor last Monday, the warship sailed along the Boston Waterfront until it reached Castle Island where its crew conducted a 21-gun salute from its battery of canons before turning around and returning to its home for another year.  Here’s a video of this year’s event.  Doesn’t get any more patriotic than this… Happy Birthday, America.

USS Constitution sets sail along the Boston Waterfront during the Fourth of July Celebrations

 

 

6
June
2011

World’s Largest Private Yacht finds port on North End Waterfront

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The fair winds and high seas have carried a boat, a very big boat, to our docks this week at Yacht Haven, Commercial Wharf.  In fact, it is the largest private yacht on Earth, called Eos, that found port here on the North End Waterfront.  Named after the Greek titan goddess of the dawn, this three masted rigged schooner at 305 feet long with 200-foot masts is a magnificent sight to behold.

The vessel was once owned by now CEO of IAC/Interactive and creator of Fox and USA Broadcasting, Barry Diller, but today’s owner is unknown.  It hit the  seas in 2006, has a crew 21-man crew and valued at more than $150 million.

The ship has visited a number of ports along the North Atlantic coast this summer at such locations as Nantucket, Provincetown, and Martha’s Vineyard, to name a few.  For more pictures and info about the Eos, visit MarineTraffic.com.

world's largest private yacht ports on Boston's luxury waterfront

World's largest private yacht ports on Boston's luxury waterfront. Photo taken from Christopher Columbus Park by Matt Conti, NorthEndWaterfront.com

 

3
June
2011

Nationwide Open House Weekend | June 4-5

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Nationwide Open House Weekend starts tomorrow!

We at CL Waterfront Properties will be participating on a grand scale with more than 15 open houses between Saturday and Sunday, showing some of the best Boston luxury condos and properties that this city has to offer.

Realtor Nationwide Open House 2011

Realtor Nationwide Open House Weekend 2011

We will be showing luxury real estate at Commercial Wharf, Lincoln Wharf, Union Wharf and other Boston Waterfront buildings.

Be sure to visit our search listings page, check off the Saturday and Sunday boxes under Open Houses and hit search to see all of our featured properties this weekend.

Also feel free to visit the 2011 REALTOR® Nationwide Open House weekend official website where buyers can go to search for open houses at www.maRealtorOpenHouse.com.

You can also contact us as well if you’d like to know more information about this weekend’s event or interested in luxury Boston real estate for sale.

31
May
2011

Boston Waterfront Sales Report for May

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Real estate sales on the Boston Waterfront and in the North End were hot, hot, hot, throughout the month of May.  Luxury homes and condos are becoming more desirable than ever. Now that summer is in full swing with plenty of barbecues, beach days and Red Sox games ahead, there’s no better time than to find that perfect dream home in Boston.  Here are the latest success stories sold along the Boston Waterfront and North End.

50 Battery St. #PH5
A Glamorous waterfront penthouse in the Burroughs Wharf with 3 bedrooms and 3.5 bathroom at 2,322 sq/ft, was sold by Carmela Laurella, CL Waterfront Properties’ President, at a whopping $2,595,000.

3 Battery Wharf #3506
A spacious south facing duplex home located at the Battery Wharf with 2 bedrooms and 2.5 bath at 1,916 sq/ft, was sold by Carmela Laurella, CL Waterfront Properties’ President, at a generous price tag of $1,662,500.

2 Battery Wharf #2308
Another spacious luxury home located at the Battery Wharf with a huge open floor plan, 2 bedrooms and 2.5 bath at 2,162 sq/ft, was sold by Carmela Laurella, CL Waterfront Properties’ President, at $1,575,000.

85 E. India Row #12H
Also sold along the waterfront by CL Waterfront Properties’ President, Carmela Laurella, is a lovely 1 bedroom, 1 bathroom luxury condo with 876 sq/ft of space at an easy $410,000.

Other luxury homes sold in the last month along the Boston Waterfront are 90 Salem St. #9 luxury condo with 1 bedroom, 1 bath at 635 sq/ft for $318,000.

The luxury studio located in the Intercontinental Wharf at 500 Atlantic #14T with 1 bath at 426 sq/ft for $312,500.

Located in the Commercial Wharf at 328 Commercial St. #3 sold a beautiful 1 bedroom, 1 bath home at 631 sq/ft for $372,500.

At 136 Prince St. #6 a lovely 2 bedroom, 1 bath home at 630 sq/ft went off the market for $370,650.

Located in the Harbor Towers at 65 E. India Row #14D was a gorgeous 1 bed, 1 bath condo at 747 sq/ft for $425,000.

Also not to far from the last home is 85 E. India Row #29H, a 1 bedroom, 1 bath, 881 sq/ft condo sold for $505,000.

19 Cooper St. #4.  A wonderful 816 sq/ft home with 2 bedroom, 1 bath at $522,000.

And last, but not least, located on the Union Wharf at 343 Commercial St. #101, is the 2,552 sq/ft residential/commercial space at $706,000.

 

1
March
2011

Stunning Loft for Sale at Commercial Wharf

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Posted By:  Travis Sachs

Gorgeous Views, High End Kitchen, Open Layout, and More!

47-6 Commercial Wharf Loft-Style Condo for Sale

47-6 Commercial Wharf Loft-Style Condo for Sale

VIEWS & WINDOWS:

Live at 46-7 Commercial Wharf and enjoy spectacular views of Boston’s Waterfront and Skyline from end to end in this Loft style floor-thru two bedroom and two full bathrooms home.  The views through coastal grade sound deaden windows and balcony doors engulf the Harbor and the Boston Skyline. This Floor through home is designed to see these views from any location within this Loft. Captain doors throughout; emphasize the breeze from the Harbor.

ARCHITECTURAL DETAILS:

Original details of brick and beam and upgrades beyond are featured in this meticulously crafted residence.  The office has masterfully crafted built-ins and wiring.

KITCHEN:

Step into an open, fully-finished Viking and Miele appliance kitchen featuring sleek black granite, stainless steel backsplash, and four-seating  black granite breakfast block.  Matching bar includes crafted glass shelving, sleek black granite, wet bar sink, and Miele glass door liquid refrigerator.

OPEN LIVING SPACE:

Opening unto the open aired dining and living room, featuring hardwood floors, brick and beam throughout, fully wired for audio and centered upon a bell shaped working wood-burning fireplace.

MASTER BEDROOM & BATHROOM:

Walking to the master bedroom can be done by two routes: through the second bedroom with a full bath and custom built-ins, or through the bathroom featuring, a state of the art of setup: A seven head steam shower, porcelain stone, frosted glass doors, and custom cabinetry.  The master bedroom has an abundance of storage, custom built-ins, and northern harbor views off of the large balcony.

Come see for yourself!

To schedule a viewing of this Waterfront Loft, or to ask for help finding other Boston Waterfront Properties, contact me and I will be happy to assist you and guide you through the buying process.

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