20
January
2012

Mild Winter Reveals A Strong Market

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

Boston Waterfront properties viewed from the Bostn Harbor

A Mild Boston Winter

Due to the mild winter, many owners in the Waterfront / North End neighborhood have decided to put their properties on the market earlier than normal.   Even regardless of the unusually warm weather, the market appears to be getting stronger.  We have seen an influx of both motivated buyers and sellers in the marketplace of late. While typically New Englanders are battling the elements at this time of year, we have had the luxury of a mild winter, making it much easier for buyers to look at potential Boston waterfront properties and for sellers to showcase their homes.

At CL Waterfront Properties, we have a very positive outlook for the housing market in 2012, and urge sellers not to delay – put your home on the market as soon as possible!  Within just the first two weeks of the year, there have been ten new properties listed in the Waterfront / North End neighborhood, and there are currently seventeen properties that either have accepted offers or are under agreement. It’s an exciting time to be involved in luxury Boston real estate! For more information about the selling and listing prices for the Waterfront/North End in the near year, please contact Scott Accorsini today.

18
January
2012

North End / Waterfront Reviews Zoning and Licensing Process

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

Zoning process revisited

At the January 12, 2012 NEWRA meeting held at the Nazzaro Community Center, there was a unanimous vote to revise the procedure for reviewing zoning and licensing applications for Boston waterfront properties. In the past the applicant needed to make a presentation in front of the full membership at monthly meetings. In a 28-0 vote, the association has agreed that it is not necessary to bring the matters of zoning or licensing in front of the entire membership if the issue does not raise community concerns.

Zoning and licensing matters have been the main focus of many of the NEWRA meetings in the past. With this revision, it will allow the membership to focus on other important issues that may surface in the community. Local businesses will also be saving time and money which would typically be allocated for community review. The zoning and licensing committee will continue to review all applications and enforce the neighbor notification policy.

To find out more about how this decision will impact the area, or to find out more about our available Boston Waterfront real estate, contact CL Waterfront Properties today.

23
December
2011

Home Sales on the Rise as the Holidays Approach

Filed under: Advice for Home Buyers, 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

Holiday Spirit in Downtown Boston

With the holidays right around the corner, sales activity for Boston waterfront properties has increased. Not only has this activity been a trend along the Waterfront, November marked the fifth straight month in which home sales have improved nationwide, according to an article in the Boston Globe, December 22, 2011.

Real estate professionals agree that sellers have become more realistic about their Boston luxury condos‘ values. The Boston Globe recently quoted Sheryl Simon, a Principal with Benoit, Mizner, Simon & Co., about this topic: “The sellers have now realized that they are not going to get the prices their neighbors got in 2005, 2006, 2007”. Not only have home sales increased, but cash buyers are up about 30 percent compared to this time last year.

Whether you’re a cash buyer or taking out a mortgage, now is a great time with to buy, with motivated sellers and rates in the low 4’s. Don’t hesitate – contact CL Waterfront Properties today! Happy Holidays!

By: Chris Smith

13
December
2011

QR Codes – The Hottest Thing in Real Estate!

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

QR Codes are revolutionizing Boston real estate!

14 million Americans used QR codes this past June alone, according to a recent ComScore study – and useage is rising dramatically. You’ve probably already seen QR codes, although you might not know exactly what they do or what purpose they serve.

QR codes work a lot like the bar codes you see on items in the grocery store – with one major exception. Bar codes store minimal info about an item, typically the stock number and often also the price. QR codes are keyed to a specific URL – so they can take you with a quick scan of a smartphone to the web address of an amazing Boston luxury condo! We have been using QR codes for quite a while now, on pretty much any printed material we generate. The codes are a very simple and useful way to give people access to more information than you can share with someone in print – and by bringing people to your website, you can interact with them on a much more personal, social level.

Click the QR codes you see on listing sheets in the window of our Waterfront offices, on materials you print from this site, and on brochures you see at our open houses to go directly to full details about any of our fabulous Boston waterfront properties. To find out more about the luxury Boston real estate we represent or to learn more about how we use technology to help our clients sell for top dollar or find the perfect new home, contact CL Waterfront Properties today – or scan one of our QR codes with your smartphone!

5
December
2011

New York Times features Penthouse 108 at Channel Center in “Great Homes & Destinations”

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

Penthouse 108 at Channel Center

The New York Times recently showcased our listing of Penthouse 108 at Channel Center in their prestigious Great Homes and Destinations feature. Listed by Carmela Laurella, this fantastic 3 bedroom, 3 bathroom condo is offered at $1,350,000. The Seaport District is home to some fantastic luxury Boston real estate, and Channel Center is one of the best buildings in the neighborhood.

The Times piece spoke very highly of this unique penthouse, mentioning such amenities as the 144 bottle wine storage unit, double ovens and private balcony. The master bedroom offers views of Boston Harbor, and the building’s amenities include a full-time concierge and deeded garage parking. CL Waterfront Properties is proud to have our exclusive listing featured in the Grey Lady – read the full New York Times article here. To find out more about Boston waterfront properties such as this fine example, contact CL Waterfront Properties today.

28
November
2011

Renting versus Buying: Boston Waterfront Real Estate Might Be More Affordable Than You Think

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

Let us find your new home!

Thanks to the current combination of low mortgage rates and reasonably priced properties on the market, many people have found that it has become less expensive to be a homeowner than a renter.   As Boston waterfront real estate prices have begun to stabilize and rents have continued to increase, many consumers have realized that their monthly mortgage payment on a home (after a 20% down payment) would be less than their monthly rent on the same property. In the Boston market, the median monthly mortgage payment has remained just about equal with median monthly rental prices. This presents an interesting question to potential homebuyers: would you rather pay the same monthly amount for a property and gain real equity, or simply pay rent which you will never see again? Now, more than ever, this may be the ideal time to become a homebuyer with mortgage rates at all-time lows.

To find out more about owning or renting Boston waterfront properties, contact CL Waterfront Properties today!

By: Scott Accorsini
Residential Sales

17
November
2011

New Development On The Rise In Boston’s Popular Neighborhoods

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

Cranes lift girders onto buildings under construction in Boston's waterfront

New developments are on the rise in Boston

According to a Boston Globe article* published this morning, area developers are going before city officials this evening to seek approval to build several new residential towers. The creation of these new structures would add more than 1,400 units to the city. Low interest and vacancy rates, coupled with the high lease prices brought about current market conditions, have created an outstanding opportunity for developers to capitalize on large potential profits. Luxury Boston real estate is no longer limited to brownstones and waterfront condos – rental units in luxury developments across town are a hot ticket in today’s economic climate. Developers are eager to take advantage of this opportunity to build throughout the city, and to bring in higher profits than have been possible over the past several years.

The five proposed projects include a 404-unit apartment tower on Stuart Street; 318 back bay luxury apartments in a high-rise at Copley Place; 240 units along the Greenway in rapidly up and coming Chinatown; a 236-unit tower in the Seaport district; and 210 units in prime space on Boylston Street in the Fenway.

Mayor Thomas Menino commented that he and other city officials now receive proposals for residential development projects nearly every day, something he said has not seen for several years. According to George Fantini, chairman of mortgage banking firm Fantini & Gorga, “There has never been a better time in the last 40 years to develop a multifamily project in Boston.”

For more information about luxury Boston real estate developments, please contact Scott Accorsini or CL Waterfront Properties for more information. Our team of Boston real estate experts will be happy to help.

*Source: “Building Spree” by Casey Ross, Boston Globe 11/17/2011

11
November
2011

Potential Development at Commercial Wharf East!

Filed under: Boston Real Estate Market, Boston Waterfront Real Estate Market, CL Waterfront Properties NEWS, Commercial Wharf East, North End Waterfront Condos, Waterfront Boston. • Tags: , . By

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!

27
September
2011

Large Waterfront Development in South Boston Set For Groundbreaking in Spring 2012

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

Channel CenterJohn Drew, whose development company built projects such as the Boston World Trade Center complex and the Seaport Hotel, has announced that the long delayed construction of a mixed residential and commercial project on Congress Street in South Boston will begin in the Spring of 2012. The project’s 236 apartments and retail stores will help catalyze the area’s development.  The combined residential/commercial build strategy ensures daily activity and  therefore confidence among potential retailers and restaurants that there will be sufficient business in the area, in turn sparking new development.

Although much growth is expected over the next few years in the area that Drew is targeting, it is certainly not devoid of life at present.  Luxury condominium buildings in the area are highly sought after, such as the lofts at 25 Channel Center.  Mayor Menino spoke promisingly about the South Boston Waterfront area, noting that 70 companies have moved to the area over the past few years, bringing 2,000 jobs with them. Menino added that he only thinks the area will prosper further, mentioning the popularity of many area restaurants.

If you would like more information regarding real estate in Boston, please contact CL Waterfront Properties today!

20
September
2011

Celebrity Chef Jody Adams to open new Restaurant at the Atlantic Wharf:Trade

Filed under: Battery Wharf, Boston Luxury Condos, Boston Luxury Real Estate Market, Boston Waterfront Amenities, Boston Waterfront Condos, Boston Waterfront Events, Boston Waterfront Luxury Buildings, Boston Waterfront Real Estate Market, Burroughs Wharf, Luxury Real Estate, North End Luxury Condos, South End Boston, South End Boston Amenities, Things to Do in Boston, Waterfront Boston. • Tags: , . By

Chef Jody Adams on the Boston Waterfront. Photo by Michael Diskin.This is just one more sign that Boston’s waterfront is becoming the city’s center of  sophistication and fun.  Celebrity Chef Jody Adam’s, well known for Rialto, a top rated restaurant in Cambridge that has earned praise from Gourmet as well as Food and Wine magazines, will soon be opening “Trade at Atlantic Wharf.”  The restaurant will feature modern Mediterranean cuisine inspired by Spanish, Italian, and Greek styles.  Some of the known menu items include grilled bluefish, roast chicken marinated in lemon, slow-cooked stuffed pork and braised beef short ribs priced from $23 to $30.

Jody Adams has been in the game for decades, and continues to impress the culinary and restauranteuring world today.  A renowned chef, author, world traveler, and Top Chef Masters contestant, Adams seems to do everything relating to food.  “Trade at Atlantic Wharf” is sure to be one of Boston’s next hot new restaurant destination!

The Seaport District is exploding with popularity.  Many new restaurants like Trade, as well as art galleries and beautiful luxury loft conversions have made many compare this part of Boston to neighborhoods like New York’s SoHo.  If you are interested in real estate or information about living in Boston’s Seaport District, contact CL Waterfront Properties today!