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$40-million condo sale in the Back Bay? Ho, hum, why are you surprised?

By adamg on Mon, 04/10/2017 - 9:16am

David Bates writes nobody should be surprised a condo at the impending Four Seasons Condominiums on Dalton Street will likely break the $35-million sales price for a condo at the Millennium Tower downtown. He gives various reasons, but key is the question of who really wants to live downtown when you've got the Back Bay.

After all, Downtown Crossing isn’t Back Bay.

Back Bay isn’t just a good location, it’s THE LOCATION. It’s been home to Boston’s most able buyers for decades.

Retailers know the difference between Back Bay and Downtown. That’s why Back Bay has Boston’s most fashionable street, Newbury Street, while two of downtown’s newest stores - literally the closest to its newest luxury condominiums - are Primark and Old Navy.

Hey, DTX, need some lotion for that sick burn?

Neighborhoods: 
Back Bay
Downtown
Topics: 
Development
Free tagging: 
Dalton Street


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Comments

By John Costello on Mon, 04/10/2017 - 10:11am.

Dalton Street?

You mean the place wedged between the vacant PF Changs, the beauty that is the cab stand stretching along the airport toilet architecture of the Belvidere Street side of the Sheraton, and the crumbling buildings filled with NU students covering the nut for the group that doesn't put much faith in modern medicine?

Go ahead $40M buyer. You can always tell your buds to park at the "Am I Going To Be Mugged?/What's That Smell?" garage next to the old Cheri when they come over.

Dalton Street may be "The Back Bay", but sunny side of Comm. Ave., it ain't.

Newbury Street isn't Boston anymore anyway. Once Joe's and Newbury Pizza pulled out, it was done. It is a brick and mortar skymall catalog masquerading as a street.

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By Grant Young on Mon, 04/10/2017 - 11:08am.

Folks who can afford $40 mil for a condo aren't likely to mix with regular folks in the rare event they're actually around here and not hanging on the Cote de Azur. It'll be their personal assistants who will be doing the honors shopping at Whole Foods. Besides usually the main emphasis for these buyers is stashing money overseas.

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By anon on Mon, 04/10/2017 - 8:06pm.

Good reason to get some kind of regulation on that.

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By tofu on Wed, 04/12/2017 - 9:53pm.

https://www.bloomberg.com/news/articles/2016-09-22/foreign-buying-plumme...

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By anon on Mon, 04/10/2017 - 1:36pm.

Yeah, that's right... Newbury Pizza defined Newbury st. Good to hear from a local historian. Wasn't Newbury Pizza where the stable boys used to eat after feeding Old Dobbin?

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By anon on Mon, 04/10/2017 - 11:02am.

but then I got worried about the wooden pilings and the water levels.

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By Stevil on Mon, 04/10/2017 - 1:13pm.

As well you should.

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By blues_lead on Tue, 04/11/2017 - 8:03pm.

Concrete pilings, drilled into the bedrock.

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By Lee on Tue, 04/11/2017 - 8:47am.

.... Boston's lack of sufficient luxury housing is being met.

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