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Penthouse Goes for Lots Off at One of Boston's Glassiest Acts

Late last week came news of the Boston Redevelopment Authority's sign-off on what will surely be one of the city's snazziest church conversions ever: the redevelopment of the old Holy Trinity German Catholic Church and rectory at 136 Shawmut Avenue, complete with an eight-story, glass-enclosed addition shooting from the 19th-century puddingstone. The Penny Savings Bank conversion at 30 Union Park Street, also in the South End, is perhaps the clearest example of such an approach in Boston. It, too, has a glass addition rising from inside the original building. And among the units atop that addition is No. 503, a 1,628-square-foot, 2-BR, 2-BA corner penthouse. It hit the market in early April for $1,899,000, the first time it had been up for sale since 2007, when it traded for $1,380,000. Unit 503 landed a buyer pretty quickly, as is the custom in the Boston condo market. But! It went for a mere $1,775,000 in the end in a deal that closed Friday. That's a full $124K off the asking. You don't see that every day.
· South End Church Conversion with Eight-Floor Addition a Go [Curbed Boston]
· Hub Condo Buyers Paying More as Condo Pool Shrinks [Curbed Boston]
· Super-Fast Sales Still Very Much a Thing in the Boston Area [Curbed Boston]
· Our PriceChopper archive [Curbed Boston]