{"id":38,"date":"2008-07-29T12:48:19","date_gmt":"2008-07-29T17:48:19","guid":{"rendered":"http:\/\/www.luxbeat.com\/?p=38"},"modified":"2008-07-29T12:48:19","modified_gmt":"2008-07-29T17:48:19","slug":"residences-at-the-ritz-in-boston-pricing-update","status":"publish","type":"post","link":"https:\/\/www.luxbeat.com\/?p=38","title":{"rendered":"Residences At The Ritz in Boston &#8211; Pricing Update"},"content":{"rendered":"<p>The prices at the <a title=\"Ritz Boston Condos\" href=\"http:\/\/www.luxuryboston.com\/Ritz-Carlton-Condos\"><strong>Ritz Carlton in Boston<\/strong><\/a> continue to climb.\u00c2\u00a0 Sales are being recorded at $1,500+\/foot for units on high floors with premium views.\u00c2\u00a0 With all the new construction pricing around the city, The Ritz is becoming more and more valuable.\u00c2\u00a0 Construction costs have gone through the roof and therefor developers are forced to sell at prices in the $1,000 to $2000+(<a title=\"Mandarin Boston Condos\" href=\"http:\/\/luxuryboston.com\/The-Mandarin-Oriental-Condos\"><strong>Mandarin Boston<\/strong><\/a>) price range.\u00c2\u00a0 This in turn pulls up the pricing in pre existing properties around the city. Condos at 3 Avery, which is the low rise portion of of the Ritz Residences, are also seeing an uptick in pricing and activity.\u00c2\u00a0 What was once $600 a foot two years ago is now approaching $800\/foot. The best recource to see evidence of this pricing increase is to look at our <a title=\"Recent Sales at Ritz Boston\" href=\"http:\/\/www.luxuryboston.com\/Ritz-Carlton-Condos\">sales grid<\/a>.(<a href=\"http:\/\/www.luxuryboston.com\/Ritz-Carlton-Condos\">http:\/\/www.luxuryboston.com\/Ritz-Carlton-Condos<\/a>)<\/p>\n<p>In my honest, professional opinion, I see prices for the premium units at The Ritz approaching $2,000\/foot in the very near future(2-3 Years).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The prices at the Ritz Carlton in Boston continue to climb.\u00c2\u00a0 Sales are being recorded at $1,500+\/foot for units on high floors with premium views.\u00c2\u00a0 With all the new construction pricing around the city, The Ritz is becoming more and more valuable.\u00c2\u00a0 Construction costs have gone through the roof and therefor developers are forced to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-38","post","type-post","status-publish","format-standard","hentry","category-boston-real-estate"],"_links":{"self":[{"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=\/wp\/v2\/posts\/38","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38"}],"version-history":[{"count":0,"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=\/wp\/v2\/posts\/38\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}