| Currently listed on LoftyFinds.com: 40 Lofts · 81 Condos · 471 Apartments · 116 Houses |
The new loft-condo development at 90 Wareham St. in the South End offers a less-pricey alternative to the neighborhood’s sky-high prices.
Called “The 1850” and slated for completion later this month, the complex features lofts priced from $365,000 for 724 square feet to $605,000 for a 1,155-square-foot penthouse.
Spacious one bedroom plus den unit in the South tower of the fabulous 2200 Westlake condominium offers eclectic urban views and a wonderfully airy and loft-like sensibility from floor-to-ceiling windows and a large deck. Cherry hardwoods, a spa-like bath and gourmet kitchen with granite counters complete this elegant retreat in Seattle’s hottest neighborhood! This complex has it all, gym, concierge, 2 party rooms, movie theater, hot tub, sauna, Whole Foods, Tutta Bella, Starbucks and Kinkos too.
1 Bedroom | 1 Bath
Approximately 756 sq ft
Built in 2006
2007 Taxes $
Homeowners Dues $465
Price $459,000
Contact: Moira Holley
MT. BAKER RESIDENCE
3844 37th Avenue South
Seattle Washington
Located in the prestigious Mount Baker neighborhood, this dramatic home sits perched on a hill, high above the street. The design captures the sweeping views of the Rainier Valley with floor to ceiling glass while at the same time respecting the privacyof the occupants in adjacent homes. The 3,600 sqft home includes four bedrooms, two and a half baths, and a large open living floor with ten foot-tall ceilings and a two car garage with a 400 sqft roof deck above.
Additionally, the home includes a separate, one bedroom apartment unit on the lower level, complete with a wrap-around patio. The structure was conceived as the juxtaposition of three pure volumes, each containing a unique programmatic element. In turn, each element is clad with clear cedar, cement board or concrete to emphasize the massing.
Great News!
New-home construction increased 8.2 percent in April, offering signs of life in a deeply troubled sector, the Commerce Department reported on Friday. But most of the gain came in multifamily housing, masking further bad news on single-family homes, whose groundbreakings dropped to a 17-year low.
Housing starts rose to a seasonally adjusted annual rate of 1.032 million. Construction of multifamily units surged 36 percent, compared with a 35 percent drop in March, a huge swing — and an average one in recent months, the agency said in a report.
While building permits were up 4 percent in both areas, ground was broken on 1.7 percent fewer single-family homes in April, from a seasonally-adjusted annual rate of 704,000 to 692,000.
There were varied reactions to the new figures, with one analyst telling Reuters that “it’s a nice upside surprise” and another telling Bloomberg News that the trends remained “horrific.”
Joel Naroff of Naroff Economic Advisors offered a pragmatic assessment in comments to The Associated Press. “While we may not yet have absolutely hit bottom,” he said, “it is beginning to look as if the end may be near.”
The markets were down slightly in early trading.
“The bump in starts owes entirely to multifamily dwellings,” Michael T. Darda of MKM Partners said. While the single-family figure was certainly bad news, he also said that it “indicates that the builders are rapidly taking supply off the market, which ultimately will lay the foundation for stabilization in the sector.”
The month-to-month figures may have been mixed, but the year-to-year comparisons left no doubt that housing was far from a full recovery. Overall housing starts plunged 30.6 percent compared with those in the month a year earlier, and permits sank by 34.3 percent.
Truly distinctive and spacious loft living in the historic former Charleston Chew candy factory. Ideally situated just minutes from downtown Boston and Logan airport, with easy access to shopping and major routes. This well maintained sun filled corner suite offers wide open spaces perfect for entertaining, as well as the privacy of a master bedroom, featuring walk-in closet and master bath. A beautiful, fully equipped kitchen with Corian counter tops, maple cabinetry, and stainless steel appliances, is further enhanced by a custom granite island. Let the extraordinary floor plan inspire your creativity while being surrounded by enormous 6′ windows, exposed white brick walls and a soaring 11.5′ wood beamed ceiling. Enjoy some fresh air on the private balcony and allow the sunlight to stream in through the 9′ tall glass. A custom built raised level platform makes use of the towering vertical space, defining an office, dining area, or whatever you can imagine, while providing ample additional storage in the unit. Two deeded parking spaces and abundant guest parking. Hardwood floors, washer & dryer in unit , and central heating & A/C complete this residence in an exquisite blend of comfort and exclusive urban loft sophistication.
Looks like the New York celebrity real estate market is still strong.
New Yorkers are reminded fairly frequently that not everyone is hurting from the nation’s housing slump.
Attention-grabbing names like Madonna, Bono and Scarlett are still making multimillion-dollar real estate deals in the city and the media aren’t shy about reporting it.
“It’s certainly amazing how often, just going through city records, [you find] someone with a well-known name is selling an apartment that’s absurdly big and absurdly expensive,” said Max Abelson, who writes a real estate column for The New York Observer, a weekly newspaper.
Abelson’s latest celebrity reports include news that actress Scarlett Johansson sold her Tribeca loft for nearly $1.9 million and that U2 lead singer Bono sold his Central Park West apartment for $4.9 million.
Many Americans are anxious about the real estate market. But foreign investors see U.S. apartments, hotels, shopping centers, warehouses and offices as good investments, according to a new survey.
The weak dollar has made the American real estate market look attractive to foreign bargain hunters.
The U.S. rose to the top of lists of the “most stable and secure” countries for real estate investment and the countries with the best opportunity for appreciation, according to the 16th annual survey of the Association of Foreign Investors in Real Estate (AFIRE)released Jan. 28. New York City and Washington D.C. were the top two global “Cities for Foreign Investors’ Real Estate Dollars,” according to the survey.
China is also growing in popularity. Shanghai rose to No. 5 from No. 9 a year ago on the list of top cities for foreign investment. And China is now No. 2 on the list of countries with the best opportunity for appreciation.
The survey of 200 AFIRE members was conducted in the fourth quarter 2007. AFIRE members hold $700 billion of cross-border real estate, including $230 billion in the U.S.
It’s been that kind of year for the luxury sector in New York. While home prices slid around the country, Manhattan set a new apartment sales record with developer Harry Macklowe’s $60 million purchase of an entire Plaza Hotel floor (minus one rogue apartment), and a new price-per-square-foot benchmark ($6,287 per interior square foot) with former Citigroup chairman Sanford Weill’s $42.4 million splash into 15 Central Park West.
