$16 Million For A Tear-Down?

September 26, 2007

The Boston Herald reported yesterday that Boston Red Sox owner John Henry wants to tear down the Brookline, Mass., mansion that he recently purchased for $16 million. A local Realtor exclaimed that this could be a record-breaking teardown. But reports indicate that the town’s Preservation Commission may try to block the demolition. This will be [...]

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Harbor View Offering Ownership

September 25, 2007

The first thing Alan Worden changed is the first thing people see.  Smart.  Very smart.
Earlier this month, I had the pleasure of staying at the Harbor View Hotel & Resort in Edgartown, Mass., on Martha’s Vineyard.  Worden, CEO of Nantucket-based Scout Real Estate Capital, bought the 124-room hotel in December for $32.5 million, and things [...]

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Millions in Massachusetts

September 20, 2007

The Boston Globe today reported that sales of million-dollar properties are up 9.6 percent this year.  Sales for houses priced at less than $1 million have declined, but the luxury sector here is booming:
http://www.boston.com/business/globe/articles/2007/09/20/amid_housing_slump_high_end_boom

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These Homes Don’t Wire Themselves

September 17, 2007

It’s amazing to think about all of the details that comprise a truly unique home.  In a multimillion-dollar home, the floors, windows, trim, lighting, appliances, surfaces, and so on, are exquisite in and of themselves, but become truly impressive when paired with each other.  One of the aspects that’s really taken center stage in the [...]

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Home Prices: Up or Down?

September 11, 2007

Our senior freelance writer, Camilla McLaughlin, shared an article from the Washington Post with me today that is truly fascinating for anyone who follows the real estate market.  We’re constantly hearing the latest statistics on home sales, inventories and prices.  But the sociologist in me tells me that we can’t look at a set of [...]

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Have A Second Life?

September 6, 2007

Have you heard of Second Life?  Until a couple of weeks ago, I hadn’t.  And for someone who thinks of himself as a relatively well-informed person, this was bothersome.
As it turns out, Second Life is a virtual world.  You go to www.SecondLife.com, create an identity and traverse the three-dimensional virtual world created and owned by [...]

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