28
December
2015

End-of-the-Year Recap

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2015 was a great year for the economy not only locally but nationally as well. The country added 2.3 million jobs and unemployment has fallen below 5%. Here in Massachusetts, we saw an economic surge not seen since the 1990’s. Especially in Eastern Massachusetts we have seen first-hand how strong the economy has become. Anyone driving in or around Boston will notice a skyline filled with cranes and new luxury towers being built all throughout the City. With the job rate steadily growing here in Boston, developers are in a competitive environment to grab land wherever available and start building. In the City, we have witnessed the price of real estate continually rise and, in many cases, prices have reached or exceeded the high water mark just prior to the recession of 2008. The strength of the economy was no stranger to the Waterfront in 2015 with the average sales price of a home being just under $1.2M. The average price per foot in 2015 was $890/sf. in comparison to $844/sf. is 2014 and $760/sf. in 2013. This is a pretty impressive jump in only two years to see the average price per foot increase by more than 10%. In 2015 many of the luxury Waterfront buildings, including Rowes Wharf, Burroughs Wharf  and Battery Wharf, saw properties selling for as high at $1,800/sf.

boston-new-development-construction

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.

11
June
2012

Extraordinary Waterfront Penthouse Featured in Boston Homes

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Penthouse 7 at 20 at Rowes Wharf is Available for Sale

The especially designed fireplace faced with black marble extends from the wall to create a breakfast bar peninsula in the kitchen.

Fireplace faced with black marble extends from the wall to create a breakfast bar peninsula in the kitchen.

“It’s a wow!”

Penthouse 7 at 20 Rowes Wharf, a uniquely customized home like no other, was recently featured in the Boston Homes June 2-8 2012 issue.  Listed for $2.199 million, this redesigned penthouse boast two balconies with views of the Boston Harbor, a luxurious master suite, a guest suite, 10-foot high ceilings, shining marble floors, and an effortless flow from room to room.

The current owner of the property completely transformed the unit into a flawlessly designed, immaculate open space.  Clever touches, like a wood-burning fireplace faced with a custom black marble mantel and surround that wraps around a wall to create a room divider and breakfast bar peninsula in the kitchen, enhance the open layout and utilize the space in a smart stylish ways.  The kitchen is has top-of-the-line appliances including a Gaggenau induction cooktop with matching hood.

The master bedroom suite is a spacious 22 feet long with a walk-in-closet and private balcony.  The en suite marble bath is stunning, with a luxurious steam shower and whirlpool tub.

20 Rowes Wharf Penthouse 7 Master Suite

Master suite with private balcony

An  opaque glass wall divides the master bedroom from the tub, filling the room with natural light from the private balcony, while also providing privacy.

The Residences at Rowes Wharf offer luxury services to all residents, such as 24-hour concierge service, valet garage parking and access to The Rowes Wharf Health Club, pool, spa, a Water Shuttle to Logan Airport, a marina, room services and more.

Rowes Wharf is situated on the center of Boston Harbor and across the street from The Greenway, The Financial District, and steps from Faneuil Hall, World Trade Center, and Historic North End.

For more information about Penthouse 7 at 20 Rowes Wharf, please contact Carmela Laurella today to schedule a showing.

 

3
May
2012

Movies By Moonlight: The Boston Harbor Hotel At Rowe’s Wharf Releases Summer Schedule

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Fun Free Outdoor Activities For Waterfront Residents And Visitors

Archway at Boston Harbor Hotel, Rowe's Wharf

The Archway At The Boston Harbor Hotel

The Boston Harbor Hotel, a fixture of Rowe’s Wharf and the architectural symbol of our city’s gateway to the sea, hosts an annual outdoor summer movie series for the entertainment of their patrons, guests, and locals alike. The hotel presents Movies By Moonlight each year as a fun and relaxing way to bring Waterfront residents and visitors alike together for some outdoor enjoyment on the water. An outdoor screen, set up on the side of the large gazebo adjoining the Intrigue Cafe on the water side of the hotel, plays classic films hand-picked by hotel staff.

You can view the 2012 summer film series schedule here at northendwaterfront.com – this year’s selections include local favorite Jaws and, appropriately enough, On The Waterfront. To find out more about this and other great summer entertainment in Boston’s Waterfront, or to find your own Boston Waterfront real estate, contact the local experts at CL Waterfront Properties today.

27
April
2012

Featured Property – 20 Rowes Wharf, PH07

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This week’s featured property is an astonishing waterfront penthouse at the “Grand Dame”, Rowes Wharf.   20 Rowes Wharf, PH07 is an extraordinary piece of real estate is modern, sleek and stylish in design.  It’s layout has a natural flow from each room with soaring high ceilings and gleaming marble floors.  The penthouse features a wood-burning fireplace, custom designed doors throughout, and a state-of-the-art kitchen with stainless steel appliances. The master bedroom suite lives up to its name with a private balcony, spacious master bathroom with a marble shower, Jacuzzi, and a bidet.

To learn more about this exquisite Boston waterfront property, check out our exclusive youtube video below!

Make 20 Rowes Wharf, PH07 your next Boston Waterfront Home.

25
April
2012

Boston Waterfront Marinas

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It is that time of year again for good weather, boating and enjoying Boston’s Waterfront.   Many of our clients ask for information regarding the neighborhood marinas.   Slips are going fast so reserve your boat slip today! – Gianni DePalma

Here are some of our suggested Marinas on Boston’s Waterfront:

 

Union Wharf Marina on Boston's Waterfront

 

 

Union Wharf Marina
Dan Flaherty – 617.742.1647
Seasonal Dockage (May 1 – Oct 31, 2012)
$150/Foot
Contact Onsite Management Office for Daily/Weekend/Weekly/Monthly Dockage for rates and availability.

Click here to view luxury Union Wharf homes for sale

 

Lewis Wharf Marina

 

 

Lewis Wharf Marina
Raleigh Eastwick – 617.523.2313
Seasonal Dockage (May 1 – Oct 31, 2012)
Completely full now. Marina renters usually have use of the pool and pay the following:
$155/Foot up to 35 Feet
Water and electric are included

Click here to view luxury Lewis Wharf homes for sale

 

Burroughs Wharf Marina on Boston Waterfront

 

 

 

Burroughs Wharf Marina
Jim Richards – 617.523.8188
Contact Jim for more information for sale/for rent
There is an annual charge of $1,000.00 for a deeded slip

Click here to view luxury Burroughs Wharf homes for sale

 

Rowes Wharf Marina on Boston's Waterfront

 

 

Rowes Wharf Marina
Kristin McLaughlin – 617.748.5012
One slip will fit a 52’ yacht
The other slips hold boats in 40’ and smaller
$200.00/Foot + electric

Click here to view luxury Rowes Wharf homes for sale

 

 

Constellation Wharf Marina on Boston's Waterfront

 

 

Constellation Wharf Marina
MaryAnn Cummings-617.242.2020
Slips can hold boats 25’-70’
Seasonal Dockage (May 1 – Oct 31, 2012)
$140/ft. includes electricity, water, wifi and access to bathrooms.
Parking is an additional fee

Click here to view luxury Constellation Wharf homes for sale

If you need help finding a Boston Waterfront home, please contact CL Waterfront Properties, LLC and one of our experienced agents will help you find the perfect fit!

17
January
2012

Bright Lights for Winter Nights: Boston Waterfront Real Estate

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When you want the most luxurious place to live in Boston, look no farther than the waterfront area. The charming properties lining the waterfront on all sides of downtown Boston bring you the best in luxury living, top location, and a great view of the Boston harbor lit up every night. Look in a few areas to find the right property to purchase in Boston so you can enjoy the best the city has to offer in dining, neighborhood attractions and modern living.

Back Bay luxury apartments and homes are situated in a great location, just off the Charles River and near plenty of Boston attractions. Living in Back Bay, you will be just a few minutes’ walk away from historic Copley Square, which is home to Old Trinity Church, the Boston Public Library and the John Hancock Tower, which is the tallest skyscraper in New England.

If you would like to be within a stone’s throw of the Massachusetts State House, check out Beacon Hill real estate. The area is the most desirable in Boston, with a great view and plenty of shopping and entertainment. The federal-style rowhouses will charm you with their old-world character and high-end renovations.

For the best waterfront views, North End is the place to be. This neighborhood, situated just north of downtown, features the historic Paul Revere House and the Old North Church, but has all sorts of modern amenities as well. North End condos are in easy walking distance of over 100 restaurants and have a great view of several wharfs along the Boston waterfront.

Just south of North End, you will find Rowes Wharf, a strip of luxury residences, restaurants and hotels on the water just east of downtown Boston. Living here, you will have great waterfront views and access to the best that Boston has to offer, including a floating stage with concerts during the summer.

7
September
2011

Penthouse Bliss on the Boston Waterfront

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20 ROWES WHARF, PH07 

Amazing boston waterfront penthouse at 20 Rowes Wharf

20 Rowes Wharf is sleek and modern in design.

A sophisticated, contemporary aesthetic marks this two-bedroom, two-bath penthouse overlooking Boston Harbor. Located in the luxurious Rowes Wharf building, this elegant home has sleek marble floors, lofted ceilings, two private balconies, a modern, state-of-the-art kitchen, a master bedroom with master bath, and a guest suite with a steam shower. A Health club, spa, marina and room service, as well as two deeded garage spaces and valet parking, are among the amenities offered at this residence.

Asking Price: $2,499,000

For more information about 20 Rowes Wharf, PH07, contact Carmela Laurella today and schedule a viewing!

 

Via: Penthouse Sweet: Enjoy the high life in a top-floor apartment

Article by Irina Grechko, Kaitlyn Voyce and Lacey Severins – Boston Common Magazine

17
August
2011

No boat? No problem!

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Boston Sailing in the Boston Harbor near the city's luxury real estateJust because you are not a sailboat owner does not mean that you cannot enjoy a beautiful day sailing along Boston Harbor.

At Lewis Wharf there is the Boston Sailing Center, open from 9AM until sunset from May through October, where you can choose from their large fleet of boats. At Boston Sailing Center you can enjoy sailing along Boston’s historic Waterfront, or even take overnight trips to Martha’s Vineyard, Provincetown and Newport.

Located at Rowes Wharf, The Boston Harbor Sailing Club, offers professional sailing instruction and a fleet of sixty-seven yachts ranging from twenty-three to thirty-nine feet. This sailing club also offers memberships and makes the water’s of New England accessible and affordable to the public.

Conveniently located in Boston’s Navy Yard at Flagship Wharf, The Courageous Sailing Center offers a wide array of sailing classes and memberships to the public. These three great locations along the Waterfront make the thrill of sailing available for anyone up to the challenge.

Some locations also offer an opportunity to sharpen your sailing skills in the off season, like “Frostbite Racing” Boston Sailing Center offers from November through March.

Boston Sailing Center

http://www.bostonsailingcenter.com/

 

Boston Harbor Sailing Club

http://www.bostonharborsailing.com/

 

Courageous Sailing Center

http://www.courageoussailing.org/

 

26
July
2011

It’s a Dog’s Life…

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Written by Diane Giacobbi

Boston is not only filled with universities and students, hospitals and doctors, it is filled with dogs and their humans.  Each week I receive at least one inquiry for a sale or rental of a pet friendly property.  No longer just a suburban pet, the urban dog is welcome in many places – in certain outdoor patio dining, in private dog parks, and in some designated areas of public places.  The services for these pets are innumerable – dog boutiques for accessories and natural food items; doggie day care with transportation; daily walks; overnight vacation services, and in home veterinary calls.

Many condominium buildings along Boston’s Waterfront are pet friendly.  As a lover of dogs, I do everything in my power to find a home for my wonderful canine residents and their people.

Here is a current list of some of the pet friendly buildings in the Waterfront:

Intercontinental: Owners and TenantsBoston Dog Park 

Rowes Wharf: Owners only with Management approval

Harbor Towers: Owners only

Commercial Wharf: Owners and Tenants

Lewis Wharf: No Dogs

Mariner: Owners and Tenants

Bulfinch: Owners and Tenants

Union Wharf: Owners only

Lincoln Wharf: No Dogs

Burroughs Wharf: Owners and Tenants with Restriction

Battery Wharf:  Owners and Tenants

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