LuxBeat

Absolutely beautiful, 7th floor, floor through, 3+ bedroom, 3.5 bathroom unit at the highly coveted, new construction ZERO MARLBOROUGH on The Boston Garden. This single floor residence features DIRECT ELEVATOR ACCESS, hardwood flooring, commanding views, state of the art kitchen, his and hers walk in closets, 3 fireplaces(2 Gas, 1 Wood Burning), steam shower in the master bathroom, two private decks, and one deeded VALET PARKING SPACE. Building has 24/7 concierge and extra storage.

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We at Rikeman Real Estate LLC are proud to announce the hiring of two seasoned luxury real estate professionals, Jennifer Valerio and Marcus Roshotsky.  They will be part of a fast growing, luxury real estate team, focussed on representing buyers, sellers, and renters in and around Boston. Both bring over two decades of real estate experience with them.

Waterplace was billed to be an exciting condo project in the quickly growing Downtown Providence(Downcity).  With the Providence condo market slowing and a lack of lenders willing to give jumbo loans on new condo projects, Waterplace has been faced with an interesting dilemma.  Turn the building into an all rental project OR, now this is just a rumor, sell the building to a local University for dorm usage.  Let’s say, Brown U perhaps, who is buying the entire downtown area along with Johnson and Whales.  This professional real estate person is putting his money with apartment conversion or an all out sale to a local University, and why not, we all know colleges do not pay property taxes due to the fact they bring in so much revenue to local businesses.  We shall see what happens.

It is rumored that Kensington Tower, which was to be located across the street from Archstone Apartments on Washington St. in Chinatown has been put off until further notice.  My assumption is a lack of financing, and a softening condo market.  From a pure neighborhood position I certainly hope a big developer does something exciting with the land, maybe a luxury hotel, to continue the momentum of gentrification in the area.

That is right friends.  The rumor is out and I personally think it is very close to becomming a reality.  The BRA has approved the designs for a new glass tower that will house a W Hotel and luxury Condominiums.  To say this will enhance the neighborhood is the understatement of the century.  Just a block away from One Charles and the Boston Common, what some might think is a risk for W/Starwood, in my opinion is a HOME RUN. The Midtown/Theater District transformation is coming to fruition much sooner than most people thought.