Luxury Boston condos at Mandarin Oriental begin closings
Closings have begun in the new Residences at the Mandarin Oriental in Boston’s Back Bay neighborhood. So far, the county deeds office has registered three sales:
E9-C $4,450,000, 2,915+/- SF, 3 bedrooms, 3 bathrooms, 2 parking spaces, storage, $1,526 / SF
E10-B $4,095,830, 2,386+/- SF, 2 bedrooms, 3 bathrooms, 1 parking space, storage, $1,716 / SF
W9-D $2,950,000, 2,424+/- SF, 2 bedrooms w/study, 3 bathrooms, 1 parking space, storage, $1,216 / SF
As you can see, price per square foot jumps considerably, for the higher floors, and the East building seems to carry a premium over the West, although three sales do not make a trend. (The East building is to your left, looking at the front of 776 Boylston Street, if I’m not mistaken.)
The lower floors of the buildings host the 150-room, 5-star hotel. Also onsite is a private landscaped courtyard and health club open to residents and hotel guests.
Within a week or two, the new enclosed “Newbury Arcade” connecting Lord & Taylor’s Boston store to the Mandarin Oriental Hotel and Shops at the Prudential Center, and eventually a mix of restaurants and high-end retailers will open shops in the complex.
Several units have come on the resale market. Contact me for more information.
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