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This Week in Boston Real Estate: A record-setting home sale, a new amenity trend and more

by Megan Oster

It was a busy week in Boston residential real estate, as usual. If you’re out of the loop, don’t worry – we’ve got you covered.

  • Are restaurants-in-residence the next big amenity trend? This week, the Boston Globe looked into how developers incorporate restaurants into the ground floors of luxury residential buildings.
  • In what part of Boston do homes take the longest to sell? NeighborhoodX released its days-on-market report for July 2016, and homes in Back Bay have an average time on market of 238 days, the highest of the 15 neighborhoods included in the report.
  • The most expensive home sale in Boston just closed. It was the new Millennium Tower’s 13,000-square-foot penthouse on the 60th floor, which sold for $35,000,000. Read more at Boston.Curbed.com.
  • The Boston Redevelopment Authority approved $950 million in new developments at its August meeting earlier this week. The Boston Business Journal has a full breakdown of those approvals.

 

Photo by Emmanuel Huybrechts from Laval, Canada (Fort Point, Boston) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

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