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Price Drop – Mandarin Oriental Boston PH 1-D dropped by $1.5mm

December 12th, 2008 by Nick Warren

The Mandarin Oriental has been seeing a good amount of price drops in the past few weeks.  Most recently PH 1-D just dropped their price from $7,000,000 to $5,500,000.  While this may seem dramatic, the unit still boasts one of the highest prices per square foot ever in Boston at $2,750.  In my opinion this needs to come down to somewhere around $2000-2200/sq. ft. to even get any action.  Don’t get me wrong, it’s an incredible unit with 2000 sq. ft. of beautifully appointed living area and an amazing 800 sq. ft. private roof deck.  On top of this you get a valet parking space, private elevator access, storage, and all the amenities the Mandarin Oriental Boston has to offer.

If interested in viewing this or any of the other sales or rental listings at the Mandarin Oriental Back Bay Boston, please contact Nick Warren at nwarren@warrenre.com or 617-848-9616 ext. 706 for more information.

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This entry was posted on Friday, December 12th, 2008 at 4:08 pm and is filed under Back Bay, Luxury Buildings, Mandarin Oriental. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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