Wednesday, October 19, 2016
Thursday, October 6, 2016
Wednesday, September 7, 2016
|Rendering courtesy of the Collaborative Companies|
The 122 units that comprise the Alloy Residences in Assembly Row are the only condos in that sprawling Somerville development-as-neighborhood (or neighborhood-as-development, take your pick).
And those sole condos are proving especially popular. The Alloy will not be move-in ready until around this time next year, but the Collaborative Companies, the marketing firm charged with selling the condos, says more than 45 percent have been spoken for during barely eight weeks of pre-sales.
What’s more, some condos have traded for more than $1,000 a square foot. Such a sum would be notable anywhere in Somerville. In Assembly Row, along the Mystic, it’s positively historic.
Wednesday, August 31, 2016
|DAVID L. RYAN/GLOBE STAFF|
Bingyi Chen, a Chinese immigrant who lives in Concord, has bought at least 16 units at the new Millennium Tower for $15.6 million — all in cash.
By Tim Logan GLOBE STAFF AUGUST 30, 2016
For proof that Boston has become a luxury housing mecca for wealthy people from around the world, look no farther than Downtown Crossing.
At the high-end Millennium Tower, buyers have come from Greece, Hong Kong, and the Middle East, scooping up condos two or three apiece. There’s a real estate executive in San Francisco who markets luxury US properties in Asia, and claims on her website that she’s sold 7 percent of the tower — roughly 30 units.
And then there’s the recent immigrant from China, Bingyi Chen, who lives in a modest townhouse in Concord and has bought at least 16 condos on behalf of investors in his native country, according to property records and his real estate agent. He paid $15.6 million in total. All cash.
Friday, August 5, 2016
The New England operation of NRT LLC, the country’s largest real estate brokerage firm, has acquired the assets of The Collaborative Companies in Boston, headed by Sue Hawkes, president and chief operating officer. The Collaborative Companies is a full-service residential marketing firm, which will continue to conduct business under its name.
Hawkes will continue as managing director of TCC, located in Park Plaza. It has 30 employees.
TCC presently is involved in development projects totaling more than $1 billion. They include condominiums at Ink Block in the South End, the Pierce in the Fenway, Telford 180 in Allston, Trinity Stuart in the Back Bay and the Alloy at Assembly Row in Somerville. TCC also is involved with Redbrook, a development of single-family homes and townhouses in Plymouth, and Black Birch in Concord, an adult community.
Tuesday, July 19, 2016
Sales have officially launched for apartments inside this skyscraper in Boston by New York firm Arquitectonica, amid a "boom" in the city's luxury condo market created by its growing tech scene.
The Pierce Boston residential tower is currently under construction in Boston's Fenway neighbourhood.