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Triple-Deckers Having a Moment; Tom Brady's Options


You've made it through the heat - now cool off with your weekly Curbed Cuts: all the latest neighborhood news from our sister site Curbed Boston... BACK BAY - On Monday, the Beacon Street penthouse of God's nephew and his small-town girl quietly passed the 250-day mark on the sales market. All the while, Tom Brady and Giselle Bundchen have held the price at $10,500,000, while all around them in luxury Boston (and Cambridge!) prices have been slashed by ridiculous amounts. This suggests a price-chop's inevitable at 310 Beacon.

FENWAY/KENMORE - It's not necessarily a parklet, but Boston University will transform three heretofore public streets into pedestrian walkways lined with trees. This thanks to an $11.5 million deal with the city to privatize by Labor Day Blandford and Hinsdale streets and most of Cummington.

HUB-WIDE - Everybody's out looking for apartments or scared of losing the one they have. That reality's fueling a resurgence in the trading of triple-deckers. Quite simply, with rents going up (way the heck up in some cases) and all that new construction months or years from coming online, owners of triple-deckers are upping their prices—and getting them from investors eager to get in on the torrid rental market.

SEAPORT - Wha? This isn't suppose to happen in build-crazy Boston! The lead developer of Seaport Square has called "a timeout" on the plans for 750 luxury apartments there. John Hynes says that there is so much interest from office tenants now for the planned building across from the John Joseph Moakley Courthouse that it might be time to reconsider the units that leading national apartment landlord AvalonBay wants to plunk there (AvalonBay is part of a partnership led by Hynes).

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