July 2010

There are 3 blog entries for July 2010.

Park Lane in Boston's Seaport District

The Park Lane Seaport apartment complex just hit the market and should fetch a big number, probably in the $120-$140 Million range.  Park Lane has 465 apartments and was built in 2006.  According to my sources at Park Lane, they will be at 99.7% occupancy come September 1, 2010 and are close to that number now.  They have many different apartment sizes, but the price range for a two bedroom and two bath apartment is $2,600-$3,500/Month.  Parking is additional.

Until recently, the Seaport District has been pretty quiet, but is really turning into a lively neighborhood and is probably the hottest area in Boston.  Unfortunately there are only a couple residential condo buildings in FP3 on Congress Street and the Channel Center. In the next several

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Mass. Single Family & Condo Sales

Not surprisingly, single family home sales and condominium sales in June 2010 jumped to their highest levels since 2006.  The $8,000 first time home buyer credit and the $6,500 trade up tax credit certainly fueled the market.  Unfortunately I think next months data will show a substantial drop in sales.  The market has been relatively slow since the April 30th deadline expired. 

From the Banker & Tradesman:

Single-family home sales increased 28 percent in June, the fifth straight month of double-digit percentage increases. A total of 5,726 single-family homes sold in June, up from 4,457 a year earlier. Sales volume hasn't come this close to 6,000 since June 2006, when there were 6,152 sales.

Bay State condos posted strong increases in June,

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Interesting news today.  A posh new doggy hotel will be opening in the South End this month.  Sounds a little strange to me, but K9 owners certainly love their dogs, so I wouldn't be surprised if it does well.  The South End has many trendy businesses, so this should fit right in.  It is opening on Malden Street which is between Albany Street and Harrison Ave, right near the restaurant Gaslight.  So what do you think?  Will any of my readers bring their pooch's to the hotel?  See below for full story.

Boston's South End, a hot spot for new restaurants and shops, will now accommodate classy canines.

The Urban Hound Daycare and Hotel, which bills itself as Boston's first luxury hotel for dogs, has leased 8,500 square feet at 129 Malden St. in

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