Boy, is our face red. On Dec. 23, we ran down the 10 priciest condo deals of the year that almost was. Turns out we should've waited a few days: The sale of the biggest spread at the brand-new Chanel No. 6 on Newbury Street closed Dec. 27 for quite a bit.
The 5,900-square-footer listed by Campion & Co. sold for $7,817,500. That's enough to make it the most expensive Boston condo trade of 2013, nearly $700K ahead of second-place finisher, Unit 1004 at The Heritage on the Garden. But! That closing for Unit 601 at 4-6 Newbury Street, which includes a Chanel store on the lower floors, was below the last asking price of $7,965,000. (So much for the Real Estate Word of the Year here.) And! All of Chanel No. 6's units are being delivered as shells—luxurious shells in a fabulous location, but shells nonetheless. There are, in other words, renovation costs built in to the titanic price tag. Still, allow us: Wowza!
· Boston's 10 Most Expensive Condo Sales of 2013 [Curbed Boston]
· Chanel No. 6's Priciest Listing Lands a Buyer [Curbed Boston]
· More Proof 'Over-Ask' Is Hub's Real Estate Word of the Year [Curbed Boston]
· The Chanel No. 6 Listings Drop: 3-BRs Start at $3,875,000 [Curbed Boston]