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second-home buyers

Gorgeous City and Harbor Views From Pristine Two Bedroom Residence at the Ritz Carlton South Tower!

 

Click this link for more info and a video tour:  https://www.bostonluxuryrealestate.com/listing/72766226/2-avery-boston-ma-02111/

New Exclusive Listing!  Residence 24B is a pristine 1,032 SF two bedroom, two bath home. Enjoy spectacular moon and sun rises along with postcard views of the Boston skyline and Harbor from the 10’x7’ picture windows. Welcoming entry foyer with two large closets. Spacious 20’x13’ living/dining room with stunning views. Cook’s kitchen with granite counters and stainless steel Thermador, Bosch and Subzero appliances. Spacious 20’ master bedroom suite with postcard views and a luxurious glass-tile en-suite bathroom. Second bedroom with gorgeous views and an adjacent pristine marble shower-stall bath. Chevron patterned Brazilian cherry floors. W/D. One valet garage space. 

The Ritz Carlton, a premier Tier-1 luxury doorman building, offers world-class services and one of Boston’s most valuable addresses adjacent to the Boston Common and Financial District. Building services include 24/7 concierge, doorman and valet garage parking. Resident amenities include elevator access to the 100,000 SF Equinox Sports club with pool, the five star Ritz Hotel lobby, two restaurants, a café, two bars and two boutiques. Rare 60 hours of complimentary quest parking per month. 

List Price:  $1,290,000

         

 

For more information or a to schedule a private viewing contact

Cheryl Marsh

Owner/Broker

(C) 617-797-5781

cheryl@bostonluxuryrealestate.com

Renovated One Bedroom Residence in the Coveted Four Seasons at the Public Garden!

Click this link for more info and a video tour of this luxury condominium:  https://www.bostonluxuryrealestate.com/listing/72766070/220-boylston-boston-ma-02116/

New Exclusive Listing!  Residence 1214 is a large, 971 SF masterfully renovated one bedroom, two bath condominium with a desirable South-facing floor location. Features: Foyer with coat closet. Spacious 17’ living/dining room. Cook’s kitchen with Scavolini cabinets, Wolf, Mieli and Subzero appliances. Spacious master bedroom offers a luxurious en-suite bathroom, walk-in closet and custom cabinetry. Second bath with glass-door shower stall. One self park or valet garage space. Private storage. W/D.

The Four Seasons at 220 Boylston, a tier-1 doorman building, offers world-class services and one of Boston’s most valuable addresses across from the Public Garden. Building services include 24/7 concierge, doorman, available housekeeping, and garage parking. Resident amenities include complimentary fitness center and spa with lap pool overlooking the Public Garden, dining in the Four Seasons Hotel and in-room dining (some services limited or suspended during Covid-10). Coveted location adjacent to the Newbury Street shops and restaurants, Theatre District and the Downtown and Back Bay Business Districts. 

List Price:  $1,795,000

           

For more information or a to schedule a private viewing contact

Tim Marsh

Owner/Broker

(C) 617-548-7145

tim@bostonluxuryrealestate.com

 

Luxury Homes in London With Ties to the Titanic

By Ruth Bloomfield of The WSJ

The former London offices of the White Star Line—famous for the RMS Titanic—have been converted into seven luxury residences priced up to about $27.5 million

Oceanic House, built in 1907.  PHOTO: JASON ALDEN FOR THE WALL STREET JOURNAL

On April 10, 1912, the “unsinkable” RMS Titanic set sail from Southampton to New York. To book their passage, many of its wealthy seagoing passengers ascended the stone steps of Oceanic House, headquarters of the White Star Line in London.

The Titanic calamity spelled a long, slow death for the White Star Line, and Oceanic House, lavishly built in 1907, fell into decline. But now, after a circa $35 million restoration, the 33,000-square-foot building has been converted into seven luxury residences priced up to about $27.5 million.

When London-based Misland Capital bought Oceanic House in 2012 for around $28 million, the building, located in the St. James neighborhood of London’s West End, was in a sorry state. After being sold by the White Star Line it was sold on to a bank, the British government and eventually to a kitschy Tex-Mex restaurant.

“It was tired, with decrepit ceiling tiles and a dormer added in the 1960s,” said Peter Rochow, director of Misland Capital, a firm that manages the assets of British businessman Peter Green and family, who have substantial property holdings in London. “Some of the windows were broken, and it was generally very neglected.”

The biggest structural challenge of the renovation was to remove the ugly dormer and rebuild it, using Welsh slate tiles to clad the roof and Portland stone to recreate its original decorative pediment.

The dining room in the penthouse.  PHOTO: JASON ALDEN FOR THE WALL STREET JOURNAL

This space now holds the penthouse’s open-plan living room and dining room, divided by a double-sided fireplace, with views of the Palace of Westminster and Big Ben from one of its two terraces.

“You will not need a clock in this apartment, that’s for sure,” said Simon Fernandes, a partner at Strutt & Parker, the apartments’ joint selling agent along with Beauchamp Estates.

The decor is simple: dark timber floors and a monochrome color scheme enlivened by touches of a rich, deep blue—a nod to the ocean. The Poggenpohl kitchen has a mix of taupe gloss and charcoal cabinets. There is also a study and second living room. The property comes furnished right down to spaghetti waiting to be boiled on the cooktop.

The penthouse’s lower floor, accessed by a black polished plaster stairwell, has four bedroom suites, some with original porthole windows. Wood paneling is a constant theme, a subtle nod to the décor of Titanic’s first-class cabins, but interior designers Morpheus London have kept overt nautical references firmly in check.

The penthouse bedroom has a porthole-shaped window.

The penthouse bedroom has a porthole-shaped window.  PHOTO: JASON ALDEN FOR THE WALL STREET JOURNAL

This 5,496-square-foot penthouse is listed for about $27.5 million, while apartments—in rooms where the White Star Line’s clerks would once have had their offices—start at $6.1 million for a 1,604-square-foot, two-bedroom property. One of the seven apartments has already been sold to a German-American couple.

In the seven weeks since they formally went on sale, Mr. Fernandes said second-home buyers from China, South Africa, North America, and Europe, as well as British buyers looking to downsize from country houses, had expressed interest in Oceanic House.

In terms of its location, St. James’ sits on the fringes of prime central London and lacks the cachet of, say, Mayfair or Knightsbridge. However Mr. Fernandes pointed that Oceanic House, seconds from Trafalgar Square, has an average price of $4,200 per square foot. In prime central London average prices are typically between $5,600 and $9,800 per square foot.

Prime London prices have taken a Brexit-related hit since 2014, with average falls of around 7%, according to estate agent Knight Frank.

But Mr. Rochow is resting his faith in the building’s unique history, the quality of its design, plus the weakness of the pound. “We are confident, but we know we are not in the same market we were in in 2014,” he said. “We are going to have to work a little bit harder.”