14
February
2011

Boston’s Waterfront Hotels and Wharfs

Filed under: Advice for Home Buyers, Advice for Home Sellers, Battery Wharf, Boston Harbor Hotel, Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Waterfront Amenities, Boston Waterfront Condos, Boston Waterfront Luxury Buildings, Boston Waterfront Real Estate Market, Luxury Real Estate, North End Amenities, North End Boston, North End Luxury Condos, North End Real Estate Market, North End Waterfront Condos, The Intercontinental, Things to Do in Boston, Waterfront Boston. • Tags: , . By

Posted by: Joe Taglieri | Residential Sales

If you want a place to visit and or a place to live, then the fabulous Boston Waterfront has many waterfront condo options to choose from.

There are Hotels and Wharfs ideally situated overlooking the historic Boston Harbor that offer guests everything from world class luxury accommodations, to fabulous on-site dining and wonderful in-room and hotel amenities.

Whether you’re in town for a weekend getaway, a family vacation, or a business meeting, there’s no better place to stay for true luxury and comfort.  There is only a hand full of Boston Waterfront Hotels to choose from on the Harbor.  All offer a luxurious experience.

Boston Waterfront Marriott Hotel

Boston Waterfront Marriott Hotel

– Boston’s Waterfront Hotels & Wharfs –

InterContinental

The Boston Harbor Hotel

Fairmont Battery Wharf

Marriott Long Wharf  &

Marriott’s Custom House

All the Waterfront Wharfs, Hotels, and Condominiums Overlook Boston Harbor or the sparkling skyline from one of the guest rooms, suites, or residences.  Whatever your choice, the Beautiful City Of Boston’s Waterfront awaits you.

Whether for longterm living or just staying a day or two at Boston Waterfront Hotels and Wharfs, you never have to travel far for a great meal!  Most offer great on-site fine dining options that provide delicious cuisine in wonderful settings.  If that doesn’t work then you can hop, skip or jump no further than the North End of Boston for the best Italian food in New England (and possibly the country), the best pizza, bakeries, cafes and sandwiches, all within a short distance from each other.  Stroll off the beaten path of Hanover Street and onto the side streets to find even more great Italian restaurants, cafes and bakeries.

You won’t find dining, beautiful old churches, or historical sites like this so close at any other hotels in Boston so, ‘When In Boston, Do like Bostonians do’; Eat, Pray & Love.

The Boston Waterfront is the ideal place to live, located within walking distance to Boston’s  financial and business district, with many Luxury Residences that offer panoramic Waterfront Harbor views.

The Boston Waterfront Hotels are fabulous places to stay for a weekend getaway,  long term retirement, family vacation or your next big home investment.  Boston’s Waterfront hotels also offer everything you need for a fabulous stay in Boston.  Guests will enjoy luxury accommodations, wonderful amenities and  impeccable service.  There is no other waterfront locations that can compare to this part of the city.

If you need expert help finding a long-term or short-term place in Boston, feel free to give me a call.  I’m sure I can point you in the right direction!

24
January
2011

Best Resale Value in Boston

Filed under: Advice for Home Buyers, Advice for Home Sellers, Battery Wharf, Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Waterfront Condos, Boston Waterfront Real Estate Market, Commercial Wharf East, Lewis Wharf, Luxury Real Estate, North End Waterfront Condos, Rowes Wharf, Union Wharf, Waterfront Boston. • Tags: , . By

Posted by:  Michael Sullivan

In the Boston real estate market, there is nothing more sought after and desired than a Waterfront property located in one of the historic Wharf buildings, which are made of brick, stone, and beams.

Some of these buildings you might know as “Lewis Wharf, Commercial Wharf, Union Wharf, Rowes Wharf or Battery Wharf.  When you hear the term “Law of Scarcity” or “They don’t build’em like that anymore” or “location, location, location”, think of these wonderful Wharf buildings on Boston’s Waterfront!

Commercial Wharf Boston condo interior

Bedroom of a Commercial Wharf Condo with Exposed Brick & Beam Interior Finishes

Boston’s Waterfront is truly unique, not only does a Waterfront home in one of these luxury Wharf buildings offer amazing views, but the buildings that occupy the existing frontage are built with granite, hand hewed beams, and Boston brick by talented artisans of a by- gone era using the best possible craftsmanship.

The Waterfront Wharf buildings majestically extend like fingers out into Boston’s saltwater harbor, and are even more unique than the Waterfront on which they located.  These Wharf buildings have Boston’s rugged, distinctive and yet refined old-world appeal.  Many of these buildings are nearly two hundred years old and have been recently renovated bringing them into the 21st century with every modern amenity.

When considering the purchase of a home in Boston, one must also consider that in this marketplace the uniqueness of the Boston’s Waterfront Wharf buildings make for an excellent choice because they hold and provide the best value for resale.  These magnificent buildings become only more desirable and valuable as they age.  Contact CL Waterfront Properties LLC today for help buying your next luxury waterfront home.

7
January
2011

Mandarin Oriental Luxury Home Under Agreement

Filed under: Back Bay Amenities, Back Bay Boston, Back Bay Boston Real Estate Market, Back Bay Events, Back Bay Luxury Condos, Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Real Estate Market, Carmela Laurella, CL Waterfront Properties NEWS, Featured Sold Properties, Luxury Real Estate, Mandarin Oriental Residences. • Tags: , . By

CL Waterfront Properties is scheduled to close Mandarin Oriental unit W 10C in January, marking the only sale in the Mandarin in the past 9 months and the 1st sale of 2011.   In 2010, 4 condos sold at the Mandarin with an average sale price of $5.287M ($1,516 per sq/ft).

Mandarin Oriental, unit W 10C

Mandarin Oriental, unit W 10C living room

Listed for $3.8M ($1,486 per sq/ft), this custom-built, corner home has 3 bedrooms, 2.5 baths and over 2,500 sq/ft of living space.  This luxurious residence features floor-to-ceiling windows, ash floors, custom audio, lighting and window treatments.  The designer kitchen has Poggenpohl cabinetry, chef’s stove, imported granite and matching island.  The private master suite has marble bath with window and southern exposure, dressing area and custom closets.  The condo has 2 deeded parking spaces and storage.

Owners at the Mandarin have full access to 5 star hotel services, concierge, doorman and valet parking.

Browse available Boston luxury condos for sale or rent here.   You can also browse our Waterfront luxury properties, or our other Back Bay luxury properties on our website.

If you need assistance buying or selling premier Boston property, please contact CL Waterfront Properties to speak to one of our knowledgeable agents.

30
December
2010

Largest Waterfront Listing Brokerage in Our First Year

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

Since opening it’s doors in January of this year, CL Waterfront Properties LLC has become the largest listing brokerage on the Boston Waterfront with more than 65 listings in 2010.

CL Waterfront Properties LLC sold or placed under agreement $55M during this time, which represents more than half of the $100M Waterfront market, excluding on-site sales.  CL Waterfront Properties LLC closed 11 properties over $900 per sq/ft.

Boston Waterfront aerial view

With nearly $15M under agreement and scheduled to close after the 1st of the year, 2011 should be a record year for CL Waterfront Properties LLC.

If you are interested in selling or buying Boston luxury property, you can browse all currently available luxury homes, search by Waterfront Building, or contact the experts at CL Waterfront Properties LLC for assistance.

We can also assist you in finding Waterfront office space, or in renting a luxury condo in Boston.

23
December
2010

Happy Holidays from CL Waterfront Properties, LLC!

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

As CL Waterfront Properties, LLC approaches our one year anniversary, we wanted to take a moment to wish our many friends and clients a Happy Holiday! From our offices at Lewis Wharf, we wish you continued health and all the best for the New Year.

CL Waterfront Properties LLC Offices

Known for our extraordinary sales in luxury buildings and waterfront properties in Boston’s prestigious neighborhoods, we feel very lucky to still be one of the best brokerage firms in Boston. If you’re looking to buy or sell your Boston luxury property, please contact an agent today, as we would love to assist you!

1
December
2010

Paying to Save: How to Cut Your Mortgage Bill

Filed under: Advice for Home Buyers, Back Bay Luxury Condos, Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Real Estate Market, Boston Waterfront Luxury Buildings, Boston Waterfront Real Estate Market, Luxury Real Estate, Waterfront Boston. • Tags: , . By

mortgageMaking just one extra mortgage payment can save you thousands!  Paying extra to save may sound counter-intuitive, but the fact is that just one payment can make a huge difference in the total cost of your home’s mortgage (and also shave years off the payment period!)

To illustrate this, take a look at the following example:

Jill has a $200,000 30 year mortgage with a 6.5% interest rate.  Her monthly payment is $1,264 per month.   This means the total interest paid on her loan will be $255,088.98, leaving Jill with an overall bill of $455,088.98.

However, if Jill has the same mortgage and terms but pays an additional payment of $1264 per year, the total interest paid drops down to $199,098.92 with an overall bill of $399,098.92!   Not only will Jill cut into the amount of accrued interest, but she also reduced the pay off date. 

By just adding an extra monthly payment per year, Jill saved herself nearly $56,000 and paid off her loan 6 years early!

Graph

Where Can You Get An Extra Payment?

Paying an extra month per year is a great way to save money in the long run, but for many it can be hard to realigned budgets to make it work.  Paying an extra $1264 per year can be difficult to stomach — especially if you aren’t required to!  However, there are ways to do so without really even noticing you are!

  1. Keep a consistent budget: Most people are paid every two weeks, leaving them with 26 paychecks per year.  For your mortgage, you only need to make 12 payments per year.  If half of your paychecks go towards paying off your mortgage, you are left with two full paychecks that aren’t touched by your mortgage.  These may have once been your “splurge fund,” but if you consistently divide all of your paychecks, you are likely to have an additional month’s mortgage payment on hand without noticing it.
  1. Change your payment schedule: Two times per year, you will be given three paychecks per month instead of two.  These “extra” paychecks can easily be applied to your mortgage.  In fact, many mortgage companies will allow you to set up and use a bi-monthly payment schedule that will withdraw half of your monthly payment every two weeks.  You will be paying 13 payments without ever noticing a drop in your paychecks!  Make sure, however, that your lender allows you to apply this additional amount paid
  2. Whether your real estate dream is a luxury Boston condo or a Boston Waterfront property — now is the time to take the leap! Contact CL Waterfront Properties, LLC today!

15
November
2010

When is the Right Time to Invest?

Filed under: Advice for Home Buyers, Battery Wharf, Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Real Estate Market, Boston Waterfront Condos, Boston Waterfront Luxury Buildings, Boston Waterfront Real Estate Market, Burroughs Wharf, Carmela Laurella, Commercial Wharf East, Harbor Towers, Lewis Wharf, Lincoln Wharf, Luxury Real Estate, Mariner, North End Waterfront Condos, Prince, Rowes Wharf, The Intercontinental, Union Wharf, Waterfront Boston. • Tags: , . By

Posted By:  Carmela Laurella

Real estate tends to run inverse to both interest rates and availability of credit.

With today’s mortgage rates at historic lows and following a correction of historical magnitude, at this point in time, I would suggest that real estate represents a fair value.

Time & Money Balance

I would further suggest that with both mortgage rates and prices down, that investing in a new home is as affordable as it’s ever been in the U.S.

One final thought would be that the primary footpath of Boston’s Waterfront is basically built.  They won’t be making any more and there is scarcity value in that alone…

CL Waterfront Properties has the market expertise to help you find the perfect new luxury home in Boston; whether you want to live in one of the full service Boston Waterfront buildings, or a luxury home in Back Bay or Bay Village, we can help find a home to fit your lifestyle.

5
October
2010

Prioritize Real Estate “Must Haves” To Ease Your Home Search

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

Posted By: David P. Veo

Intercontinental DoormanWith over 150 condominium units available in the North End and Waterfront, searching for the perfect home can be very time consuming.  One way to narrow your search is to do your homework up front.

Focusing in on where you want to live, what neighborhood in the city, should be your first priority.  Once you have established where, determine your price range, then consider making a list, and prioritize the criteria for your ideal unit.

When inquiring about a property or working with a real estate consultant, be sure to share this list with them to save you the time of trekking to units that just will not work for you.  Think about what you are looking for in a building, in addition to the unit, because although you can renovate your unit, you cannot alter the building.  Here are some ideas to get you started.

1.  Do you want a full service building with a concierge, or will a building with a simple security buzzer system work for you?

2.  Do you want a pet friendly building, or are you deathly allergic to dogs and want to be sure you won’t run into one in the lobby?

3.  Is private outdoor space a priority; a common roofdeck; or no outside space at all.

4.  Do you need an elevator?  If not, how many flights of stairs are you willing to climb?

5.  Unit placement in the building is also an important consideration.

6.  Are you willing to renovate or make upgrades to a unit, or would you prefer that be done for you.

7.  Consider the list of unit amenities that you cannot live without:  air conditioning, hardwood floors, large closets, additional storage space.

Keep in mind, the “Ideal” unit in the “Perfect” building may not exist in your price point.  However, by knowing what is important to you, the list of available properties can more easily be narrowed to fit your needs.

You can use our Keyword Search Tool in the ‘Advanced Search Options’ under the MLS Property Search on our website to help you narrow down your selection.  Search for ‘pet friendly’ or ‘roof deck’ or ‘concierge’, whatever amenity you’re interested in.  You can even save your favorite listings or search criteria if you sign up for a free user account!

28
September
2010

Luxury $1 Million-Plus Homes Under Agreement Over The Past 60 Days

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

Posted By: Chris Thoman

With mortgage rates at an all time low and stories of 30 year jumbo mortgages with interest rates of under 5%, the luxury real estate market in Boston has been at a steady pace.  Over the past 60 days, the city of Boston has seen 133 condominium units make it to the Under Agreement stage.  Out of the 133, a quarter of them have been between $1 and $5 million.  Historically, August is typically the biggest vacation months and one of the slowest months for real estate in the city, especially for high end luxury real estate.  The numbers are proving history wrong.

Back Bay Boston BrownstonesWithin the $1 million dollar-plus luxury real estate of Boston, 3 major neighborhoods have been neck and neck.  The Waterfront community, with 15 units, has been the hottest neighborhood.  The Back Bay is right on its heels with 11 units and not far behind that is the South End with 7.  The average number of days on the market for luxury properties on the Waterfront is currently just over 120 days at 129, which is very standard for any normal market.  The average price per-square foot is over $900 at $987 and caps out at $1,714. This is great news for the industry.  Battery Wharf has taken the lead over all luxury properties up and down the Waterfront with 7 total units under agreement and the highest price per square foot.  Battery Wharf is one of the hottest selling; it has hit the 75% mark and is closing in on 80% very fast.

Working within the high end luxury real estate sector of Boston, agents are typically working with a clientele that is tied strongly to the financial world and the real estate market of the United States.   Even with the sluggish state of other areas in the economy and the job market struggling to recover, we have seen this clientele not deter from making moves in investing in residential Luxury Property.

Do not be the one to miss the Boat!!  Contact CL Waterfront Properties, LLC today!

12
August
2010

Client Reviews For CL Waterfront Properties, LLC

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

Review By: Laurence H. Tribe

Excellent Reviews for CL Waterfront Properties

Carmela Laurella clearly deserves her stellar reputation as the premier real estate agent on the Boston waterfront and the surrounding area. I bought a gorgeous waterfront condo with her help and, when I decided to move to Washington DC to join the Obama administration, she rented it for me quickly and profitably. When I decided to move to another area, Carmela then sold my condo for me at an excellent price in as difficult a market as we have seen in years. She is a delight to work with either from a seller’s perspective or from a buyer’s perspective.  I can say that with confidence because I’ve been on both ends of that game. Carmela is simply the best.

Review By: Bill Coady

Basically, anyone who uses any real estate firm other than Carmela Laurella’s  Waterfront Properties is not serving their own interests very well! I have had Carmella market and sell two high end Waterfront  properties and each time she delivered beyond my wildest expectations, delivering record setting per square foot prices each time, with an air of professionalism unsurpassed. Other’s  may talk  [ and they do talk ] Carmela just delivers.

Review By: Adrina

Having Carmela for your “Real Estate Professional” makes life easier and less stressful. She understandings your needs, is a “Master” of the Boston Waterfront as well as other areas in Boston, and can help you in any way. Her recommendations of restaurants, activities and events in the area, decorators, and any issues of “moving”, Carmela is always there for you. If I was considering buying a villa in Italy and needed advice, I would make one phone call…to Carmela!

Review  By: John K.

Finding a new home long distance is a nightmare unless one has the a realtor extra-ordinaire.  Carmela Laurella is one such rare gem.  My wife and I came into town from Singapore and within days Carmela had us so well organized we were able to purchase a new home without disrupting our travels. We felt so positive about Carmela we even had her hold the keys to our property until we were able to take possession many months later.  We recommend Carmela to any serious buyer – if all foreign buyers work with Carmela we may well solve the Boston real estate slump!

Review By: Noah W.

No one knows the Boston waterfront better than Carmela. She helped me find my first home which I love.  She helps me rent my place when I’m  away, and helped me with renovations. When you go to the North End for dinner, you eat Italian food and when you’re looking to buy, sell, or  rent on Boston’s Waterfront, you go to Carmela.

To post review on Yelp visit: http://www.yelp.com/biz/cl-waterfront-properties-llc-boston

Or review your experiences with CL Waterfront Properties on Google.