{"id":45,"date":"2009-02-04T00:37:44","date_gmt":"2009-02-04T05:37:44","guid":{"rendered":"http:\/\/www.luxbeat.com\/?p=45"},"modified":"2009-02-04T00:37:44","modified_gmt":"2009-02-04T05:37:44","slug":"some-uncommon-luxury-rental-deals-in-boston","status":"publish","type":"post","link":"https:\/\/www.luxbeat.com\/?p=45","title":{"rendered":"Some Uncommon Luxury Rental Deals In Boston"},"content":{"rendered":"<p>Due to the rough economy, some luxury condo seller&#8217;s are resorting to renting their units out in order to stop the proverbial bleeding. Rather than making money, some owners are willing to let their <a title=\"Ultra Luxury Boston Condos For Rent\" href=\"http:\/\/www.luxuryboston.com\/sales.htm\">Ultra Luxury Condos<\/a> rent for prices that put then at a HUGE loss per month.\u00c2\u00a0 In most cases, owners are unable to recoup more than 50-60% of their carrying costs.\u00c2\u00a0 This is shown by some of the recent rentals at <a title=\"Mandarin Oriental Boston Apartments and Condos\" href=\"http:\/\/luxuryboston.com\/The-Mandarin-Oriental-Condos\">The Mandarin Oriental<\/a>, <a title=\"One Charles Boston Condos and Apartments\" href=\"http:\/\/luxuryboston.com\/One-Charles-Condos\" target=\"_blank\">One Charles<\/a> and <a title=\"Ritz Carlton Boston\" href=\"http:\/\/luxuryboston.com\/Ritz-Carlton-Condos\" target=\"_blank\">The Ritz Carlton<\/a>. Units that were on the sales market for $2.5 to $3.5 million dollars are now renting, in some cases, between $5,500 and $8,000.\u00c2\u00a0 I will let you do that math but keep in mind, the condo fees alone, in most of these buildings, are $1.00 to $1.75\/square foot. The deals are out there, you just need to find the right <a title=\"Boston Apartments and Condos\" href=\"http:\/\/luxuryboston.com\/\" target=\"_blank\">agent<\/a> to dig them up for you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Due to the rough economy, some luxury condo seller&#8217;s are resorting to renting their units out in order to stop the proverbial bleeding. Rather than making money, some owners are willing to let their Ultra Luxury Condos rent for prices that put then at a HUGE loss per month.\u00c2\u00a0 In most cases, owners are unable [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-45","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\/45","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=45"}],"version-history":[{"count":0,"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=\/wp\/v2\/posts\/45\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.luxbeat.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}