17
October
2012

The Pier 4 Project in the Seaport District

Filed under: Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Real Estate Market, Waterfront Boston. • Tags: , . By

The Seaport

The next large development project in the Seaport District is slated to begin next month on Pier 4 where a mixed-use building will take the place of the long standing Anthony’s Pier 4 restaurant. The landmark restaurant will be making way for a state of the art complex that will be comprised of residential units, office and retail space as well as a harbor side park that will be located where the restaurant currently stands. The $195 million dollar project will be making way for 395 new apartments in the neighborhood ranging from studios to large three bedrooms. Residents will have such amenities as underground parking and a plethora of retail shops and restaurants located within their complex. For more information about this exciting and up and coming waterfront neighborhood and Boston contact CL Waterfront Properties, LLC.

12
October
2012

Dispute over Long Wharf Rights

Filed under: Waterfront Boston. • Tags: , . By

The Boston Redevelopment Authority and North End/Waterfront residents continue to argue over a Waterfront perch at the tip of Boston’s Long Wharf. This dispute dates back to 2006 when the BRA was in favor putting a restaurant and tavern at the tip of Long Wharf. In 2007, a restaurant called Doc’s had the necessary permits and liquor license for the site. A state permit for the Waterfront site was obtained in 2008; however, a Superior Court Judge dismissed the state permit in 2011.
Boston Long Wharf

Boston Long Wharf

North End/Waterfront residents feel that the land should maintain its original use as a public park. The BRA feels otherwise. According to the Boston Globe, the BRA maintains that the 1970 eminent domain taking of Long Wharf as part of Boston’s Urban Renewal Plan is satisfactory for a new development. The Supreme Judicial Court will hear arguments from both parties on November 5th, 2012. Whatever the outcome may be, the events leading up to a decision will certainly be worth watching. For more information on the Long Wharf dispute, contact CL Waterfront Properties.

26
September
2012

Boston Home Values on the Rise

Filed under: Advice for Home Sellers, Boston Real Estate Market, Boston Waterfront Luxury Buildings. • Tags: , . By

View from Harbor Towers

Boston home values continue to rise for the fourth consecutive month. From June to July, Case-Shiller, shows that home prices have increased by 1.8 percent which is more than the national average. Low inventory, strong consumer confidence and low interest rates have added to the strong upswing that we have seen in the market over the past four months. Sales prices have shown an increase of an astounding 24% during the first eight months of this year in comparison to the first eight months of 2011. Specifically condominium sales in the state have shown the largest increase in volume with a 40% rise from August last year to August of 2012. Experts studying the economic climate have stated that the housing market has stopped the downturn and are expecting a continued rise. The biggest challenge currently facing the real estate landscape is a continued lack of inventory. Now is an opportune time to list your home for sale. With demand and home values on the rise now is a great time to get the highest possible price for your home. Contact CL Waterfront Properties, LLC to learn how you can sell your home in this rejuvenated market.

19
September
2012

Millennium Place

Filed under: Beacon Hill Boston, Beacon Hill Real Estate Market, Boston Luxury Real Estate Market. By

Millennium Place On Beacon Hill

Millennium Place Near Beacon Hill

A little over a decade ago Millennium Partners took on a major development project in the Financial District when constructing the Ritz-Carlton Hotel and Residences. Millennium is currently underway with a new project located within a stone’s throw of the Ritz.

Millennium Place will be a 15-story luxury residential building consisting of 256 residences located at the end of Avery Street.The residences will consist of one, two and three bedroom homes ranging in size from 775 sf. to 2,360 sf. and with initial asking prices ranging from $550,000 to $2,800,000. Nine penthouse residences will be available in both two and three bedroom options featuring private terraces.

The residents at Millennium Place will be able to enjoy many fine amenities including an owner’s lounge and an owner’s dining room. In addition a courtyard garden is slated to be built on the premise of the residence where owners can enjoy a tranquil outdoor setting in the heart of the city.

Stay tuned to CL Waterfront Properties for more information and updates about this exciting new addition to Downtown Boston and Beacon Hill.

18
September
2012

Custom Carousel On The Rose Kennedy Greenway

Filed under: CL Waterfront Properties NEWS, Community Involvement, Events, Things to Do in Boston. • Tags: , . By

Custom Carousel On The Rose Kennedy Greenway - Lobster

Custom Carousel Character On The Rose Kennedy Greenway

CL Waterfront Properties, LLC is proud to announce their role in the new Custom Carousel on the Rose Kennedy Greenway event. The Rose Kennedy Greenway Conservancy has commissioned a custom, one-of-a-kind carousel for the Greenway. This carousel will be much different than the Carousel’s we are accustomed to seeing. The hand-carved creatures of this carousel are inspired by the Wildlife of Boston Harbor, the Shawmut Peninsula, and the imaginations of Boston’s children. Conservancy staff asked Boston Public School students from the North End, South Boston, Beacon Hill, and Dorchester for their ideas. These ideas are what inspired carousel expert and sculptor, Jeffrey Briggs, when creating the animals for the new carousel.

Once complete, the carousel will be New England’s only handicapped accessible carousel. A generous, anonymous donor has pledged to match all funds raised up to $300,000. Next time you walk by the CL Waterfront’s office don’t be alarmed when you see a sculptured skunk next to the pictures of our beautiful luxury properties. He’s soon to be our new neighbor, along with his other wildlife friends. Contact CL Waterfront Properties for more info!

17
September
2012

Vertex Tops Off At Newest Fan Pier Building

Filed under: Waterfront Boston. • Tags: , . By

Vertex Tops off at New Fan Pier Building on the Boston Waterfront Real Estate

New Fan Pier Building - Boston Waterfront

Vertex Pharmaceuticals iron workers placed the final beam atop its second building in Fan Pier last Thursday, September 6th. This moves Vertex that much closer to their dream of moving to the Boston Harbor Waterfront. Joe Fallon, President and CEO of the Fallon Co. says, “This Vertex project is significant, not just for Fan Pier, but for this part of the city…Lots of other development will occur now as a result and that’s really what we’ve been seeking”.

Once complete, the Fan Pier waterfront real estate development will include eight buildings comprised of offices, residences, retail shops, restaurants, and hotel rooms, as well as a park and a marina. 50 Northern Avenue will serves as Vertex’s global headquarters, according to the Boston Business Journal. In July, Fallon topped off the first Vertex building. Now, Fallon plans to move his focus towards the construction of the residential portion of the mixed-use development. Fallon hopes to break ground next year on the 15 story luxury high rise building.

For more information on the Seaport development, or any other real estate news, contact CL Waterfront Properties, LLC today!

29
August
2012

Top Real Estate Cities: Boston, New York And San Francisco

Filed under: Boston Real Estate Market, CL Waterfront Properties NEWS, Luxury Real Estate. • Tags: , . By

Boston, New York, and San Fancisco are some of the largest real estate markets.

Top Real Estate Markets - Boston, New York and San Fran

When discussing the top real estate markets in the country we see time and time again that the big three; New York, San Francisco and Boston are almost always mentioned together.

These Teflon markets have shown great resilience to changing market conditions. In a recent Boston Globe article there has been discussion that the median home prices in the Boston area could exceed $700,000. Many Bostonians would scoff at this figure but in San Francisco this has become a reality where the median home price has just topped $705,000.

With the Boston and San Francisco markets having so many similarities in regards to geography, appeal and industry this could soon become a reality in the Commonwealth.

24
August
2012

Gorgeous Mariner Waterfront Penthouse offers Panoramic views of Boston

Filed under: Boston Waterfront Luxury Buildings, CL Waterfront Properties NEWS, Mariner. • Tags: , . By

Stunning Boston Waterfront Penthouse interior

Mariner penthouse's stunning living room looks out into the harbor.

We’re excited to show off this amazing Boston Waterfront penthouse with huge wraparound terrace at the Mariner luxury building.

Recently featured in the Boston Homes Aug 18 – 24 issue, along with CL Waterfront’s very own president, Carmela Laurella, is the hottest Waterfront property hitting the market this month, 300 Commercial St. Unit 906.

This fabulous abode is asking for a cool $1.499 million. It includes gorgeous harbor and city views from every room where you can find panoramic sites of the North End, Charlestown, Zakim Bridge, Logan Airport and Boston Harbor, especially from its 688-square-foot wraparound private terrace.

The home is made up of two bedrooms, a living room / dining room combo, kitchen with stainless steel appliances, and granite countertops, one full bath, and one 1/2 bath. The living room boasts a wood-burning marble fireplace that makes it irresistible to cosy up to. There’s also a laundry closet conveniently located in-unit, as well as one deeded parking garage space.

Building includes: common roof deck, common lobby, 24-hour concierge.

Amenities, within walking distance, are abound. From the New England Aquarium, Quincy Market, and Faneuil Hall to the Boston HarborWalk, TD Garden and the Christopher Columbus Park.

For more information about 300 Commercial St, Unit 906 at the Mariner Building, please contact Carmela Laurella today to schedule a showing.

3
August
2012

Waterfront, North End Multi-family Buildings in High Demand

Filed under: Boston Real Estate Market, Boston Waterfront Luxury Buildings, North End Boston, North End Real Estate Market. • Tags: , . By

Multi-family buildings are in high demand along the Waterfront and North End. This past week an auction was held for a historically significant five story, eight-unit building located on Charter Street in the North End. The building was the former home of the Saint Joseph Society which has since relocated to Hanover Street. The Charter Street building was sold in the auction to a local resident and business man for the price of $2.4M, after dozens of bidders vied for the property. The building is currently assessed at $831,000 which shows the high demand for investors to buy income generating properties in the North End/Waterfront neighborhood.

24
July
2012

The Boston condo market continues to grow stronger

Filed under: Advice for Home Buyers, Advice for Home Sellers, Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Real Estate Market, Carmela Laurella, CL Waterfront Properties NEWS, Luxury Real Estate, Waterfront Boston. • Tags: , . By

Boston Condo Sales Up

The Boston condo market continues to grow stronger. According to a recent Boston Globe article, condo sales have jumped an astonishing 29% since this time last year and the median sales price has seen a 6% increase. Consumer confidence has been regained in the market place and many buyers are beginning to re-enter the market taking advantage of low interest rates. The Waterfront market alone has shown record setting growth over the past year with a 21% increase in median sales prices and a 4.82% increase in price per square foot. CL Waterfront Properties, LLC president, Carmela Laurella, was quoted in the article saying; “We have more demand than we have property to sell…We can barely list anything without it going under [a purchase agreement] within a couple of weeks.” For questions and inquiries about Boston real estate please contact CL Waterfront Properties, LLC.