A Luxury Auction at The Bryant Back Bay

Residences in another new luxury condo development are going up for auction on October 17th. Ten of the fifty residences at The Bryant Back Bay will be auctioned off by Accelerated Marketing Partners with minimum bids starting at nearly 50% below original asking prices. Located on Columbus Ave. on the border of the Back Bay and South End, the Bryant Back Bay contains 50 luxury condominiums, 9 of which are currently sold or under agreement. The Bryant Back Bay was built as the luxury condo market was booming several years ago, and was completed recently, as the luxury market slowed down, and prices became stagnant or were decreasing. This upcoming auction is an attempt to allow the public to determine what the listing price for the remaining condos in the development should be. With minimum bids starting extremely low, Accelerated Partners believes that buyers will bid up the prices to a price point that somewhat accurately reflects where the market is right now.
The idea for the auction at the Bryant Back Bay follows the successes of several other luxury developments that underwent auctions of the past few years such as Folio on Broad Street in the Financial District, Longwood Towers in Brookline, the 1850 building on Albany Street in the South End, and the upcoming auction of Nouvelle at Natick, located at the Natick Collection Mall, where 42 units will be auctioned off on October 4th.
The Bryant Back Bay contains 2 and 3-bedroom residences with great views of the city, private elevator access, garage parking, 24-hour concierge service, a fitness center, and all the finest finishes. Potential buyers must register for the auction by Wednesday October 14th. The Bryant Back Bay residences are open from now until the auction for viewing, helping prospective buyers decide which unit(s) to bid on. Be sure to secure the assistance of a Boston Condo Group agent when touring The Bryant Back Bay. Our Agents will provide you with Professional Representation, ensuring that you fully understand the auction process, and have complete knowledge of this development. Additionally, Boston Condo Group is offering all of our clients the following coupon: A 50% Refund!*
*This refund is given off our services if our client(s) purchase a unit at The Bryant Back Bay auction. The commissions paid to Boston Condo Group, the buyer's broker, are paid by the developer, and not by our clients. We will return one half of the commission we receive back to our clients. And, since this cash is determined to be a refund off of services rendered, our clients DO NOT need to pay taxes on this money. We look forward to helping you purchase your new home.
To learn more about this auction, or to schedule a show, please EMAIL US.
Or, to view pictures of the development, follow this link - Bryant Condos in Back Bay
Labels: bryant, bryant auction, bryant back bay, bryant in boston, bryant on colombus

