An Understated Approach Pays Off for Raffles
We sold through more than half of our available inventory within a matter of months after opening our sales gallery. Just one year later, we have sold nearly 80 percent.
Boston Awaits Surge in Condo Completions
Developers of luxury condominium towers in Back Bay, downtown Boston and the Seaport District are delivering nearly 600 units to a market that saw a 13 percent drop in sales volume last year.
No Room for Discounts as Hotels Recover
Shuttered hotels and skeleton-crew staffs are fading into distant memory as the Boston lodging market approaches a full financial recovery from the depths of their pandemic plunge.
A Long-Term Horizon on Hotel Ownership
For four generations, Saunders Hotel Group has owned and operated properties that are on the short list of travelers visiting Boston. It gives Chairman Gary Saunders a useful position to gauge the future of Back Bay hotel market.
Personnel File – No. 267
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Social Interaction is the Ultimate Luxury at Back Bay Tower
It might surprise people that as the developer of Raffles Boston Back Bay Hotel & Residences, I shudder at the “L word,” but ask anyone from our team and they will confirm: “luxury” is all but forbidden in our marketing materials.
Will COVID-19 Kill Boston’s Condo Market?
In a time of quarantine, downtowners become envious of those with backyards and uncrowded streets. And so, people ask, will the “new normal” include forsaking cities like Boston to move back to the ‘burbs?
High-End Developers Weigh COVID Containment Plans
The stakes are high for developers who are wrestling with how to make high-density urban living attractive to potential buyers and tenants, amid lingering questions about the length of the pandemic and its effects on the housing market.
