Simon Property Group

What happens after the real estate wave crests?

By Tim Logan GLOBE STAFF August 26, 2017 Boston was flying high. New towers were transforming the downtown skyline, while growing companies couldn’t hire fast enough to fill open jobs. Home prices had been surging for half a decade, and condo builders were racing to keep up with the demand. The year was 1988. And…

No End In Sight For Boston Condo Boom

The Boston condominium market is experiencing a trajectory never before seen in the history of the city. Spectacular towers attaining prices in excess of $2,500 per foot have established Boston as a competitive player on a worldwide stage. Millennium Tower, 22 Liberty, The Pierce, One Dalton and Pier 4 have each established the high-water mark…

Boston Is Now Building Public Parks Under Interstate Highways

The stark underpass of Interstate 93 will be a flourishing urban park come June. On Wednesday, the Massachusetts Department of Transportation and National Development announced plans for Ink Underground, an urban park that will span eight acres partially under Boston’s Interstate 93. Stretching from Albany Street to the Fort Point Channel, the park will serve…

Pierce Boston condo asks $1,700-plus a square foot

Fenway is changing Unit 25-2K, a 1,148-square-foot condo on the 25th floor of the under-construction Pierce Boston residential tower at 188 Brookline Avenue in Fenway, is asking $1,991,6000—or $1,734.84 a square foot. Such a sum is not unusual in modern Boston—and hasn’t been unusual for a while—but it is rather striking for Fenway. Then again,…

Alloy At Assembly Row Tops Off

Federal Realty Investment Trust’s Alloy at Assembly Row in Somerville topped off recently. The property will include 122 units when it is completed next year. It is the first upscale condo development in Assembly Row, to go along with its retail, restaurants, office space and a hotel.  Pictured are Sue Hawkes, Heather Hathieson, Amy Clements,…