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North End's Lovejoy Wharf Settles Suit; Big-Time Hingham Sale

HINGHAM—In surely one of the biggest Mass. home sales outside of Boston this year, developer Thomas Hastings has unloaded his waterfront manse for an undisclosed price—sans broker: "The Merrill Street house, which Hastings built in 2001, boasts a deep-water dock, infinity pool, and sweeping view of the Boston skyline. Its assessed value is $5,187,700, according to Hingham’s director of assessing, Richard Nowlan. That’s the second-priciest residence in town, he said." [Globe]

NORTH END—A legal settlement means the $200 million Lovejoy Wharf condo project can proceed—if it still wants to: "The historic structure at 160 North Washington Street would be renovated following the demolition of the top two floors that would be replaced with four new floors. The ground level would feature 39,000 square feet of retail space including a 300-seat restaurant and a 7,600-square-foot fitness center. Given the challenging times for condominiums, it’s unclear whether [the developer] will proceed with construction of condos, seek to change them to apartments or sell the project." [Biz Journal]

Lovejoy Wharf

131 Beverly Street, Boston, MA