Beginning this Wednesday, future residents have three-week window to submit bids to own luxury condos in exclusive Boston Seaport high-rise
October 23, 2023 – Boston, MA – The Collaborative Companies and Cronin Development are bringing a new opportunity to owners for Boston’s first-ever St. Regis branded luxury residences. The five-star St. Regis Residences, Boston at 150 Seaport Boulevard, that features 114 luxury waterfront condos with world-class amenities and dramatic harbor views, will hold a limited inventory bid sale of 10 units with bids due by 12pm EST on November 16, 2023. Through a minimum bid process, future and current residents will be able to purchase an exquisite newly constructed condominium in the exclusive high rise. The units that will be offered include one bedroom to 2 bedrooms + dens/ home offices, with minimum bids starting at $1,399,000 for one bedrooms and at $2,999,000 for 2 bedrooms + dens.
For interested buyers, the St. Regis Residences, Boston is offering a preview period over the three weeks prior to the bid deadline, beginning Wednesday, October 25, 2023, with all information available upfront so buyers can perform all necessary due diligence prior to submitting preferences and bids. This includes the condominium unit selection, Purchase and Sale Agreement, Budget, Condominium Documents, and financing pre-approvals. To supplement the sealed bid sales event, St. Regis Residences, Boston has partnered with three preferred lenders to launch attractive below-market financing programs.
All bids are due by 12pm ET on November 16, 2023, and the winners will be notified later that day by 5pm ET. Immediately after, the buyers will sign a Purchase and Sale agreement. The St. Regis Residences, Boston will host a post-signing celebration for new homeowners the next day on November 17, 2023. For more sales information, please visit www.srresidencesboston.com/bid-sale.
“We are pleased to offer this limited opportunity to purchase at the St. Regis Residences. Given the current market, we are also providing interested, qualified buyers with attractive below market financing by partnering with select lenders: Leader Bank, M&T Bank, and Citizens Private Bank. We absolutely believe in the long-term value of this building,” says Jon Cronin, Founder and Principal, Cronin Development.
“This is a wonderful opportunity for the market to determine value while preserving value for our owners in one of the last buildings in this part of the Seaport. We have selected 10 units that represent a range of choices that we believe meet the market today,” says Sue Hawkes, Managing Director, The Collaborative Companies, who is leading the sales and marketing of this innovative program for St. Regis Residences, Boston.
Built to immerse residences in an unparalleled harborside experience, St. Regis Residences, Boston offers dramatic views on private balconies to sea-inspired custom architecture. Designed by the late Howard Elkus of Elkus Manfredi Architects, the building features a stunning design rising 22 stories in the curvilinear shape of a sailing and a waterfront property in every sense. Condominiums at the boutique style building run from one-bedroom to three + bedroom penthouse units. Each home includes smart technology and superior finishes; gourmet BAMO designed custom Italian kitchen cabinetry and marble kitchen counters; Wolf and Sub-zero appliances; spa-inspired marble baths with heated floors and separate spacious showers; Sherle Wagner hand-crafted fixtures to panoramic floor-to-ceiling windows; Swiss designed, air-lux automated sliding window system making its exclusive debut in the U.S.; and walk-out or Juliet balconies that welcome sunsets, skylines, and ships coming into port.
St. Regis Residences, Boston brings ultra-luxury signature services to the booming Boston Seaport neighborhood, including around the clock concierge and butler services from staff expertly trained by St. Regis Hotels & Resorts. Curated facilities reminiscent of St. Regis hotels worldwide that are exclusive to residences include a 12,000-square foot amenity level featuring a heated, hand-tiled mosaic swimming pool and Jacuzzi, Remède spa, a Grand Lounge with ongoing programming, boardroom with kitchenette, business center and library, golf simulation room, and exercise room. In addition, residences have access to Guest Room Suites available for out-of-town visitors. The residences also feature SAVR, a signature American bistro on the first two floors that is open to residents and the general public. Serving creative comfort classics and elevated bistro favorites, SAVR seats 300 and sits directly on the water along the Seaport Harborwalk.
Combining the best of historic and modern-day Boston, Seaport is the city’s premier up-and-coming neighborhood and a vibrant destination for fashion, culture, arts, dining and entertainment, and technology and life sciences. Expanding Boston’s position as one of the top cities in the world for innovation, science, and quality of life, St. Regis Residences, Boston is in the heart of the Seaport with excitement and a world of pleasures all steps away from the front door. Adorned with decorative fountains, the property also features its own pedestrian pier which wraps around and connects to the Seaport’s 43-mile Harborwalk, meandering through parks, wharves, and the city’s landmarks.
About St. Regis Residences
St. Regis Residences, a subsidiary of Marriott and Starwood, are internationally renowned for their luxury services and amenities. With locations in prime destinations such as Abu Dhabi, Deer Valley, New York City and San Francisco, the St. Regis Residences, Boston brings a new level of standard to the northeast luxury condo market.
About Cronin Development
Founded in 1995, Boston-based Cronin Development is driven by a sustained dedication to world-class design with a community-oriented outlook. With two decades of development success under the leadership of principal Jon Cronin, the company remains entrepreneurial, disciplined and steadfast in its mission to develop leading human experiences in residential, commercial and retail environments. www.cronindevelopment.com
About The Collaborative Companies
The Collaborative Companies, established in 1997, is recognized as Greater Boston’s preeminent real estate sales, marketing and consulting firm. TCC provides developers and builders with the tools and strategies to guide them toward a successful disposition of their asset with efficiency and a maximization of value. Focused solely on the Boston region, the core to TCC’s success is an analytical and strategic depth of market knowledge second to none. As Boston’s “go to” team for the region’s resource, TCC currently represents the most prestigious projects and developers in the city, including but not limited to: Samuels & Associates’ Pierce Boston; National Development’s Ink Block; Related Beal’s LoveJoy Wharf and The Quinn; Boston Properties’ Proto and Hub on Causeway; Hines Corporation’s South Station; Lendlease’s Clippership Wharf; Cottonwood and WS Development’s EchelonSeaport; New England Development, Nordblom Properties, Mark Investments and the Davis Companies, among others. www.tccrealestate.com