Is Boston’s foundering luxury condominium market poised for a rebound? George P. Haseotes seems to think so. Haseotes, whose grandparents founded convenience store chain Cumberland Farms, is buying seven units at the year-old St. Regis Residences, one of the city’s priciest addresses. The investment comes on top of the three condos he already owns in…
Home sales across the region have dried up amid a surge in mortgage rates and a paucity of supply. Boston’s high-end condo market has been no exception, even among the priciest units, where buyers frequently bypass mortgages by paying all cash. Luxury sales in Boston fell 23 percent in the first half of this year…
By Newsdesk Aug 17, 2023 10:55am Raffles Boston has announced the opening of Raffles Spa in partnership with Parisian beauty and wellness brand, Guerlain. This collaboration reflects the hotel’s aim to provide enhanced experiences for guests by aligning itself with like-minded brands. Exemplifying a shared commitment to sustainability and holistic well-being, Guerlain at Raffles Spa will offer…
By ERIN KAYATA 7/24/2023, 5:45 p.m. Many of us can’t stick with a new project for more than a few months. But this one has been in the works for more than two decades, and the finished product is finally, finally in sight. That’s right, the long-awaited South Station Tower—an idea first proposed by Pelli Clarke &…
By Catherine Carlock Globe Staff,Updated June 14, 2023, 12:01 a.m. A park in the sky. A pool deck at around 450 feet, facing the western sunset. Ritz-Carlton branded condominiums with floor-to-ceiling glass windows. These are just some of the features expected at the 51-story tower under construction now above South Station — a project that’s been…
By Christopher Muther Globe Staff, Updated May 4, 2023, 6:00 a.m. He made a name for himself in New York with his Michelin-starred Portuguese restaurant Aldea, but during a video chat last week, chef George Mendes wasn’t focused on Manhattan’s competitive dining scene. He was reflecting on his Portuguese roots and connections to New England. “One…
Understanding the luxury of the hotel rooms and condos at Raffles Boston Hotel & Residences will simply be a matter of glancing at price tags. When it debuts this summer, the $400 million-plus Raffles (40 Trinity Place) will have the most expensive hotel rooms in Boston. Hotel developers Gary Saunders and Jordan Warshaw weren’t keen to talk numbers, but…