Boston Real Estate for Sale

Two small bits of information.

First, apparently if you call the SoHa Lofts phone number listed on at least one website, you are instead connected to a poor young woman who has no idea what the SoHa Lofts are. (SoHa Lofts was the name for a development proposed for 519 Albany Street, in Boston’s South End. It is the renovation of an existing building into condominiums, in the building that previously housed a Zappo’s shoes warehouse.)

She got her cell phone just two days ago. Since then, she has had 15 phone calls from people looking for more information.

I haven’t heard an update on the development for awhile. At one point in time, Gibson Domain Domain Sotheby’s International Realty had the listings, but banners announcing the project were eventually pulled down.

I think there are still workers on-site, but I have no idea what’s going on.

Second, it appears that the developer behind the Penny Savings Bank has pulled its listings from the two agents who were in charge of selling the units, Tracy Campion of Campion & Company Fine Homes and Steven Cohen of Keller Williams.

There was an advertisement in this week’s Boston Homes for the development, but there were no agencies mentioned. As well, the developer is listed as the broker in our local Multiple Listing Service. (The developer’s website still has Campion & Company listed as contact person, however.)

According to the Boston Condo Guy, 6 of the 23 units in the building have been sold; the public record shows three closings, to date.

Prices are in the $600,000’s – just under $2 million. There is on-site parking (underneath!) and the developer has a signed agreement with a restaurant for one of the retail spaces, and with Citibank for the other.

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Updated:  1st Q 2018

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