Ivy Realty Group Newsletter August 2018
East Cambridge Loft With Two Private Entrances Drops For $900,000
The 1,083-square-foot Unit 8 at 243 Bent Street in Cambridge’s East Cambridge is part of a converted industrial building dating back to 1917 - still keeping it's original charm. The loft-like expanse with two private entrances features 12-foot ceilings and a long peaked skylight as well as large windows. What’s even more stunning is the condo's master deed includes the right to raise the already booming high roof and build a private roof deck. Raising the roof would create an approximately 1,700-square-foot mezzanine level, the listing says. Click here to view this listing or contact us directly to set up a showing of this property or others just like it.
Winn Resort to Sell Casino?
Wynn Resorts is considering selling its "still under construction" Boston Harbor casino-resort in Everett, according to a report on gambling trade website Focus Gaming News. The report says that Wynn CEO Matt Maddox has had “informal talks" just outside of Boston. That facility, is the 3 million-square-foot, $2.4 billion casino-resort on pace to open in June 2019 - hopefully. The report does not reference any possible buyers. If Wynn is, indeed, in talks to sell again, it would mark reversal from this past spring, when the company pulled out of negotiations with potential buyers such as Caesars Entertainment and MGM Resorts. The prices were not right apparently. Wynn has had a tumultuous year due largely to allegations of sexual assault and harassment against its founder and namesake. Steve Wynn resigned from the company in February, State gaming authorities are still reviewing the company’s suitability to operate the Everett destination because of his alleged conduct. Meanwhile, Wynn changed the name of the future complex to Encore Boston Harbor in April.
Our Latest Sales
It's been a busy month for us at Ivy Realty proving not only can we represent our buyers and sellers in condo sales, single family homes and also multi-family properties but also our experience and expertise isn't solely focused in one centralized area. Our last 5 sales in the last 30 days are below. If you're looking to buy or sell your home - no matter where you are. Contact us to see how we can help.
- Ash Ave Somerville $765,000
- W 5th St. South Boston$437,000
- Ocean Ave Revere $409,900
- Sheldon St. Billerica $592,000
- Trull St. Somerville $925,000