Developer Convinces City Large Project Doesn’t Need Parking. Then, Sells Nearby Parking for $350,000 Per Space

David Bates / April 26, 2017-11:26 am

  Related Beal is very publicly in the midst of developing Boston living spaces without parking. At the same time, and somewhat less widely-known, they are also developing Boston parking without living spaces. (more…)... Continue Reading

Panel Discusses Boston’s Third Housing Revolution and Its Possible Solution

David Bates / April 19, 2017-11:51 am

Boston is in the midst of its third housing revolution. So says Barry Bluestone, a noted expert on the city’s housing market. (more…)... Continue Reading

Boston Condo Buyers Are Changing Their Preferred Locations. This is Why

David Bates / April 13, 2017-12:05 pm

There’s a subtle tug of war that goes on in the Boston condominium market. It’s hardly talked about, but it’s always present. (more…)... Continue Reading

B&T and Bisnow Boston Report on my Millennium Tower Boston Special Report

David Bates / April 12, 2017-1:01 pm

On April 11th, Banker and Tradesman, The Financial Services and Real Estate Weekly for Massachusetts wrote about my Millennium Tower Boston Special Report. Here's part of what they had to say: "There’s no end of commentary about this building.... Continue Reading

Why No One Should Be Surprised at $40 Million Back Bay Sale

David Bates / April 10, 2017-11:44 am

The Four Seasons Condominiums, currently under construction in Back Bay, recently revealed that one of the residences may be under agreement for $40 million. No one should be surprised. (more…)... Continue Reading

Breaking Down Sales at Boston’s Most Successful Luxury Development, Millennium Tower

David Bates / April 6, 2017-10:57 am

  I admit, I’m a little in awe of Millennium Tower Boston, its 60 floors, and the 23,000 square feet of amenity space. (more…)... Continue Reading

Is This The Most Successful Building in the History of Boston?

David Bates / April 3, 2017-11:03 am

When we first did [Millennium] Place,” recalls Richard Baumert, 52, a partner at Millennium Partners, “I was told by my marketing people that the absorption rate for a building like this is anywhere from two to three units a... Continue Reading

Boston’s Most Important Condo Sale in 2016

David Bates / February 28, 2017-12:05 pm

  At 60 stories and 625 feet above street level, it was going to be the highest condo in Boston. At a list price of $37.5 million it was also going to be the city's most expensive. But was it priced to sell or was the price... Continue Reading

My New eBook: Back Bay’s 5 Best Condo Buildings

David Bates / February 17, 2017-1:30 pm

To determine the very best condo buildings in Boston, don't scrutinize Yelp reviews. Don't take into account the amount of views or shares or likes. Instead, be content to let the real estate buying public vote with their bank accounts.... Continue Reading

Why Via and The Benjamin Will Change Life in the Seaport

David Bates / February 7, 2017-1:12 pm

The Seaport had already been attracting many of the city’s most exciting new restaurants, in vogue hotels, expensive condominium projects and, of course, its most prized corporate tenants. What Boston’s newest and hottest neighborhood... Continue Reading
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