Closings have begun at The Residences at the St. Regis, the last new construction residential building on the Seaport waterfront. With the penthouse selling at just under $13 million, the 4,574 $/sq ft sale price has set a new record in the Seaport.
Four other homes in the building have sold at over $7 million. The building has 22 stories and 114 homes, featuring all the five-star amenities the St. Regis brand is known for.
A Global First for St. Regis
There is no hotel component to the building, making it the St. Regis' first standalone project anywhere in the world.
Five-Star Amenities Include:
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Resort-style pool and spa
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Owner's lounge
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State-of-the-art fitness center
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Two guest suites for visitors
The Seaport Luxury Market Remains Strong
The luxury market continues to thrive in this district. The recent sale of one of the penthouse homes at 50 Liberty for $13.5 million set a new $/sq ft record in that building at 3,730 $/sq ft.
No question the market standard has been set for 2023. With interest rates coming down from their highs and still very low inventory, my team and I anticipate a very strong market here in Boston in 2023.
