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This Week in Boston Real Estate: What’s the Boston area’s top home sale of the week?

by J. Marshall Pearson

boston-housing-stock-zillow-valuable-gains-2016-2015-affordability

This week’s top Boston area sale belongs to a 10,000-square-foot Colonial located in Weston that sold for $5.345 million, according to the Boston Globe. The four-story home has six bedrooms, seven full baths and two half baths, as well as a media room and a guest suite. The home also has a gym, sauna and a 1.52-acre backyard with gardens and a swimming pool.

In other Boston news:

  • The first condos in Roxbury’s Bartlett Station have gone on the market, Curbed Boston reports. The 16-unit building starts at over $400,000 for two and three-bedroom condos and is expected to be completed by July. This building is part of the development of an old MBTA bus yard that is expected to add more than 300 housing units to the neighborhood.
  • Boston Real Estate Capital is asking the Boston Planning & Development Agency for permission to increase the height of its apartment building at 55 West Fifth St. in South Boston. The currently approved plan includes five stories with 32 units, but the Boston developer would like to increase it to a six-story building with 50 units. The Boston Herald reports that this would increase the number of affordable units from four to seven and add two units reserved for middle-income households.
  • All Saints Development LLC has agreed to purchase Notre Dame Education’s property and donate space on the first floor for a new 55-unit apartment building to be developed. The adult education nonprofit was started in 1992 by the sisters of Notre Dame de Namur, who have been in South Boston for more than 150 years.
  • Omar Hussain was named the new president and CEO of Placester, a sales and marketing platform for real estate professionals. Hussain previously served as the president and CEO of Imprivata, a healthcare IT security company that he grew to over $160 million in revenue and for which he completed a successful IPO in 2014.

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