When the asking prices for Chanel No. 6 on Newbury Street started to drop late last year, they blew our minds (and yours, too, we think, as gauged from the incredulous emails we got re: the numbers). One asking in particular seemed incredibly high for a new development atop a new two-level Chanel store. This wasn't a townhouse on Beacon Hill, after all, or a high-rise corner unit overlooking the Common.
Still, the 5,900-square-foot spread at 4-6 Newbury Street went ahead and asked $7,965,000. And this was just for what the original listing from Tracy Campion of Campion & Co. described as a "shell"—all six of the floor-through units would require customization. Well, whatever: The spread has landed a buyer, though it's not clear if it landed one at that final asking. We wouldn't be surprised if it did, however, given the trends in Boston's topmost market.
· The Chanel No. 6 Listings Drop: 3-BRs Start at $3,875,000 [Curbed Boston]
· The View From Boston's 'Ultra' Condo Market [Curbed Boston]