Boston Rents Spiral Even Higher

Rents for apartments in Boston­ are soaring, and a dearth of construction of less expensive apartments is making it increasingly difficult for tenants to find affordable places to live. The average monthly rent jumped more than 7 percent to $1,881 in the past year, according to Rental Beast , a brokerage that follows the rental [...]

Building Boston’s skyline

Boston’s skyline is constantly changing, and it will continue to grow taller with proposed additions. Upcoming plans include the 47-story residential and retail Copley Place tower and a proposed building in Downtown Crossing that could rival the tallest in the Financial District. The new changes got us looking back at how Boston’s relatively young skyline [...]

Million Dollar Listing Party

Gregory and Meredith Kiep of Boston Brokerage Group recently attended the Boston viewing of Million Dollar Listing, a show on Bravo. Million Dollar Listing Los Angeles has been known to show some of the biggest and most expensive properties that California has to offer, but now it’s time for the East Coast to showcase its [...]

Home buying much cheaper than renting

It’s the eternal question in real estate: Should I buy or rent? The answer has never been clearer: Buy. In 98 of the top 100 housing markets, buying a home is more affordable than renting, according to the online real estate company Trulia. Only Honolulu and San Francisco buck the trend. There are several reasons. [...]

New South End Development

Spurred by new zoning that allows for taller buildings and by a redevelopment of the old Boston Herald HQ that will create 475 apartments with 80,000 square feet of retail, that somewhat nebulous industrial area where I-93 meets the MassPike in the South End is set to see some serious construction. Here’s the skinny on [...]

New Model at The Clarendon

Yesterday Boston Brokerage Group had an opportunity to tour the new model at The Clarendon in Back Bay.  With 3 Bedrooms + Library and almost 2,500 square feet, the unit was impressive to say the least. Each bedroom had a private bathroom and there was flexibility in the design which could cater to a variety [...]

Bostonians dream big about a reborn Downtown Crossing

The hole in Boston’s Downtown Crossing will finally be filled. For real this time, they say. Now that developer Millennium Partners has committed to a $500 million mixed-use project at the former Filene’s site, residents, businesses, and city officials are eagerly anticipating what will heal the massive scar in the heart of what was once [...]

HUD Awards Mass. $52.2M To Improve, Preserve Public Housing Stock

The U.S. Department of Housing and Urban Development (HUD) has awarded public housing authorities in Massachusetts more than $52 million in funding that will be used to make major large-scale improvements to public housing units. Housing authorities from Lowell to Chicopee will benefit from the funding. To see a complete list of Massachusetts recipients, click [...]

An Apple store is worth as much as the White House

NEW YORK (CNNMoney) — Which is more valuable: The White House or one single Apple store? It’s almost a tie. Apple (AAPL, Fortune 500) sells an annual average of $4,709 worth of merchandise per square foot in its hundreds of stores across the world. Meanwhile, the presidential mansion in Washington is valued at $4,752 per [...]

Jonathan Papelbon’s penthouse on the market

Former Sox closer Jonathan Papelbon and his wife, Ashley, (and their two children) lived well during their time in Boston. We know because his Beacon Street penthouse is on the market, and we got a glimpse inside. The striking four-bed, three-bath abode has hardwood floors, high ceilings, custom-made cabinetry, fireplace, top-of-the-line chef appliances (who knew [...]