Block Apartments Selling at $1000 per square foot

Boston Herald composing room, from Robert N. D...

Boston Herald composing room, from Robert N. Dennis collection of stereoscopic views (Photo credit: Wikipedia)

The former Boston Herald site  owned by National Development is having a robust selling season. They recently decided to add condominiums to its Ink Block apartment project and so far it looks like the decision is paying back huge..

49 condos of the total 83 units, have pre-sold at an average of $1,000 per square foot. The condos,  range from $500,000 for a studio to more than $2 million for a three-bedroom, at the edge of the South End and Chinatown.

Last year, National Development began construction on Ink Block, which, in addition to the 83 condos, will include 392 apartments, a 50,000-square-foot Whole Foods supermarket, and 35,000 square feet of other retail.

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MAXWELL@BOSTONLUXE.COM • CELL: (617) 543-7754 • OFFICE: (617) 267-4600 Maxwell Burke began his real estate career nearly 20 years ago doing appraisals with his father in Southern California and Northern Texas. He grew up in a family environment so oriented towards investment and real estate that to call his upbringing entrepreneurial would be a disservice. From his grandfather's multiple developments ranging from British Columbia down into Southern Mexico to his uncle's holdings in Portland, Oregon, Maxwell has been given a view not just of Boston real estate, but of American real estate. Maxwell and Drew Abysalh met in 2009 and increasingly consolidated their business models together culminating in their partnership in 2011. With over 300 real estate deals under his belt ranging from a standard rental to a $1.5 million condo conversion, Maxwell is a tremendous resource to help you realize your real estate dreams. Welcome to Boston Luxe - it's a pleasure to meet you. Google