Boston – The St. Regis Residences, Boston announced a sale that marks the highest residential transaction in the history of Boston’s Seaport District. The $20,348,000 sale was facilitated by The Collaborative Companies, the exclusive marketing and sales agent for the residences, with Sales Director Michael Moynihan representing the seller and Peter Skambas of Compass representing the buyer. The sale price, the top thus far in 2024, ranks as the ninth largest residential sale in the city’s history.
“This record-breaking sale reflects the exceptional appeal of the St. Regis Residences and the sustaining desirability of the Seaport,” said Jon Cronin, principal, Cronin Development. “The buyer recognized the unique value of this waterfront residence, with its expansive layout, stunning views, and the unrivaled lifestyle offered by the St. Regis brand.”
“This sale is a significant milestone for both the St. Regis Residences and the Boston luxury market. It demonstrates the strong demand for branded residences and high-end properties in Boston. This confirms the appeal of luxury residences that offer exceptional quality, resort-style service, and a truly unique lifestyle,” said Sue Hawkes, managing director of The Collaborative Companies.
The residence is a combination of two 3-bedroom units with views of Boston Harbor, encompassing 5,525sf of interior space and 167sf of exterior space. It features bespoke finishes curated by well-known designers, BAMO-designed Italian cabinetry, Wolf/Sub-Zero appliances, and custom Phillip Jeffries wall coverings.
The 114-unit St. Regis Residences, Boston was designed by architect Howard Elkus to evoke sails, the curve of a ship’s bow, and the movement of water, reflecting its prime location in the Seaport district. Residents have access to the St. Regis Butler Service, a 24-hour concierge, a private residents’ lounge, a fitness center, the Remède Spa, and a restaurant accessible through the building’s lobby, SAVR.
