Blog :: 01-2014

Twenty Two Liberty (Fan Pier) Update

Twenty Two Liberty's developers have just secured $116 million in construction financing 

About the project:

  • Twenty Two Liberty is the first new construction of luxury, water-view condominiums to be built in Boston since the launch of Battery Wharf (103 units) in 2009, when Battery Wharf was launched on Commercial Street with 103 units
  • Units will range is size from 500 square feet to 2,900 square feet
  • Prices will range from $700,000, or $1,400 per square foot, with units on the upper levels priced at more than $2,000 per square foot

Read more from the Boston Business Journal

Campion and Company Exclusive Listings: Stunning Mandarin Oriental Residence

Awe-inspiring Mandarin Oriental Residence set on the 11th floor. This stunning 2+ bed, 2.5 bath home commands premium Back Bay, Charles River & Downtown Views from corner exposure and two private terraces. Wrapped in floor-to-ceiling windows, the expansive living/dining room, custom Poggenpohl kitchen, sunlit sitting room and handsome library are dedicated to entertaining on a grand and fluid scale. Two bedroom suites create a luxurious urban escape from the bustling streets of Back Bay below, including the master with custom walk-in closet, private sauna and sumptuous bathroom with soaking tub beneath a curved wall of glass overlooking its private terrace. Contemporary gas fireplaces and the highest quality of finishes highlight this spectacular showpiece, as well a Crestron Audio/Video Control System, motorized window treatments, custom lighting and laundry room. As a resident, enjoy access to all of The Mandarin's Five-Star amenities as well as Deeded Storage and 2 Garage Parking.

See All Mandarin Oriental Residences for Sale

Click here to see Mandarin Oriental Condos and other luxury residences sold by Campion and Company

Is the North Station area Boston's next "It" neighborhood?

Is the North Station area Boston's next "it" neighborhood?

Seaport is up-and-coming; Fenway is transforming; East Boston and South Boston are undeniably evolving. But what neighborhood is flourishing? According to companies like Nickerson PR and Colliers International, the North Station area is, in fact, Boston's next "it" neighborhood.

Factors fueling this growth and transforming the neighborhood include:

  • Transit-oriented development
  • Construction of brand new retail spaces that will transform this Boston neighborhood into a hub for shopping
  • Luxury Residential Projects
    • Lovejoy Wharf, the future home of Converse Headquarters, with a $230 million planned redevelopment that includes 175 condominiums
    • The Merano, a 600,000-square-foot, mixed-use project that will include ground-level retail with office, hotel and 200 luxury apartments
    • Nashua Street Residences, an approximately 600,000-square-foot residential project that will include 503 units and 2-level public retail arcade
    • The Victor Apartments, a 366,000-square-foot development with 286 apartments as well as 17,000 square feet of retail space
    • The Boston Garden, a 1.87-million-square-foot, mixed-use project that would connect to TD Garden and the MBTA's North Station, and rise over Causeway Street and the Zakim Bridge in three new towers

Boston Redevelopment Authority

 

Read more here.

Boston Real Estate: 2013 by the Numbers

Boston Real Estate Recap: 2013

2013 was a year for sellers rather than buyers, particularly in regards to luxury condos in downtown Boston. As condo inventory in Boston reached lows not seen since the 1990s, prices were kept high and bidding wars once again became a common occurrence. We expect the seller's market to continue into next year because many condos now in the pipeline, such as Millennium Partners' Millennium Tower, won't be ready for another year or two.

Top Real Estate Brokers in Back Bay

Rank Dollar value of sold and listed Back Bay properties in 2013
#1 Tracy Campion $214,698,500
#2 $53,357,000
#3 $50,928,000
#4 $47,565,000
#5 $22,575,000
#6 $22,442,500
#7 $21,662,500
#8 $21,160,999
#9 $17,210,000
#10 $15,272,500

 

Read more on Curbed Boston


Top Real Estate Offices in Boston


What to expect in 2014

In 2013, the Massachusetts housing market experienced one of its best performances in recent history with sales rising to pre-recession levels and prices climbing rapidly. But could higher mortgage rates and lower numbers of homes up for sale put a damper on hopes for 2014?

Good News for the Future of Boylston Street