A downtown Boston redoubt of the 1 percent is 90 percent sold. The co-developers of The Clarendon, where closets are as big as bedrooms, announced yesterday that 90 percent of its 102 luxury condos had sold at an average of $1,180 a square foot. The tony development on Stuart Street was built last decade by the Related Companies and the Beal Companies, and designed by bow-tied Yale architecture dean Robert A.M. Stern. The one- to four-bedrooms that are left run from $1.4 million to northward of $4 million.
Related, recall, has been brought in to co-redevelop the old charter school building at 100 Arlington Street off Park Square. That building is expected to be 128 condos rentals. Whether they have the run that the Clarendon has had, even in dicey economic times, remains to be seen.
· The Clarendon Condo w/ Walk-In Closet as Possible 2nd BR [Curbed Boston]
· Clarendon Developer Licks Luxury Chops Over Charter School [Curbed Boston]
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