Join us for our next Open House
Sunday September 12th, 1-3pm.

Archive for the ‘boston studios’ Category

MORE Rooftop Yoga at FP3!

Back by popular demand!

If you missed out on our free yoga class on the terrace of the FP3 penthouse suite on June 15th, now’s your chance to have THE yoga experience of the summer!

FP3 will be hosting another FREE evening yoga class (6-9pm) on one of our penthouse terraces as the sun sets above the bustling city streets below again on Tuesday, September 14th as the second installment of Plank’s On a Roll series!

FP3-Sept 14-evite

Enjoy a group yoga session followed by fresh-fruit-infused summer cocktails provided by Cold River Vodka and delicious hors d’oeuvres from Ambrosia Events and Catering.

Plank will have a pop-up store at the event, so you can grab your very own eco-friendly Plank yoga mat or one of the other lovely Plank yoga accessories, designed by the very talented Well-Heeled-Guru, Doreen Hing.

The class will once again be taught by the staff of South Boston Yoga.

For more information or to RSVP, Click Here.

Vicky Tomayko’s Exhibition in today’s Boston Globe

Vicky Tomayko is the latest artist to be featured in the art gallery at FP3.  Her collection of creatures will be on display and free for the public to view during regular business hours until October 9, 2010.  Some of Vicky’s work appeared in today’s Boston Globe.

Vicky’s art was reviewed by Cate McQuiad for the article.  In it, Cate notes:

“Her monotypes of monstrous creatures at FP3 are both comic and melancholy, and she has a vibrant color sense. Look at the drypoint monotype “St. John the Baptist as an Artist.’’ The squishy figure is, of course, headless, and he grips to his chest a pink, heart-shaped critter with one eye on a stalk and a protruding, forked tongue. The suggestion is that this artistic St. John speaks from his heart, but even when the heart speaks, you can’t entirely trust what it says.”

Ravine in Spring for CB- by Vicky Tomayko

Ravine in Spring for CB- by Vicky Tomayko

Sylvia's Coral Reef by Vicky Tomayko

Sylvia's Coral Reef by Vicky Tomayko

To see more of Vicky’s colorful, sometime whimsical and sometimes melancholy works, stop by the FP3 Gallery or visit the Vicky Tomayko website.

Boston Condo Sales Pick Up

Downtown Sees 30% Increase in Condo Sales

FP3 FHA Approved

Boston’s downtown condominium market saw sales surging by 30 percent in the second quarter of this 2010 when compared with the same period in 2009, according to data released by Listing Information Network, a Boston firm that tracks real estate.   The number of condos sold between April and June of last year was 653, this year it was up to 849 for the second quarter.

Sales in luxury buildings, such as FP3, offering amenities such as valet and concierge services —increased by 9 percent to 121 sales in the second quarter, compared with the 2009 quarter, according to the data.

In a recent Boston Globe report on the downtown Boston condo market, Joseph Laurano, director of operations for developers Berkeley Investments, attributed the recent sales at FP3 to a change in marketing strategy as well as improvements in the economy and continuing low interest rates.  “The [FP3] building is now 60 percent sold.  Folks on firm financial footing view now as an opportunistic time to purchase urban real estate.’’

If you’ve been thinking about investing in a condo in Boston, why not schedule a tour of FP3 and see what living in Boston’s Fort Point area has to offer!  Live in a new Boston development, with luxury amenities close to Boston’s Financial District and waterfront.  Boston waterfront condos with FHA approval are hard to find- don’t pass this opportunity up!

Plugged In: Fort Point Channel

FP3 featured by StyleBoston!

Click Here to Watch the Video from NECN>>>

(styleboston) – Get Plugged In to Fort Point Channel, former industrial hub, now, home to much of Boston’s artist community. Tony Corey chats with Joanne Chang, the mastermind behind Flour Bakery + Café, the newest of which just opened in Cambridge. When Joanne Chang came to Fort Point they thought she was crazy. Now, Fort Point Channel is a creative, vibrant neighborhood, so close to downtown crossing, that on any given day it’s all abuzz.

Joanne Chang, owner of Flour Bakery

Joanne Chang, owner of Flour Bakery

Chang isn’t the only one who’s made her home there. Barbara Lynch’s food empire is based in Fort Point, Thompson Reuters spans an entire street and, of course, ADD Inc and Rue La La brighten the skyline.

What’s most compelling about living or working in Fort Point? According to ADD Inc.’s Fred Kramer – the people. He said, on any given day, walking down the street, you’re likely to bump into another creative soul, someone who’s young, up and coming, and part of the movement. When you walk down the street in Fort Point, you mingle with artists, designers, green urban planners and a whole lot of intellectuals.

If that doesn’t get you down to Fort Point, Joanne Chang’s cupcakes will! Not only do they “taste like air” according to Tony, but most of them are Vegan! Just like the neighborhood’s credo – there’s a little bit of something for everyone.

Flour: http://flourbakery.com
Add Inc: http://www.addinc.com
Rue La La: https://www.ruelala.com
Thompson Reuters: http://thomsonreuters.com

Open House this Sunday – June 27th

FP3 will be holding its next Open House THIS Sunday, June 27th from 1 to 3 pm.

Stop by and take a tour our luxurious model units designed by David Hacin and JFS Design Studios.

With our recent FHA Approval, it’s now more affordable than ever to live near Boston’s waterfront, just minutes away from the Financial District in Boston’s newest hot neighborhood, Fort Point!  While you’re here, treat yourself to brunch at Barbara Lynch’s restaurant, Sportello on the ground floor- tell them we sent you!

Hope to see you there!

OpenHouse graphic

OPEN HOUSE THIS SUNDAY! DON’T MISS IT!

FP3 will be holding its next Open House THIS Sunday, June 6 from 1 to 3 pm.

Stop by to see what living in Boston’s hottest neighborhood could look like for you!  Tour our luxurious model units designed by David Hacin and JFS Design Studios.

With our recent FHA Approval, it’s now more affordable than ever to live in Fort Point, just minutes away from the Waterfront and the Financial District!  While you’re here, treat yourself to brunch at Barbara Lynch’s restaurant, Sportello on the ground floor!

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FP3 featured on Style Carrot

Design Diary: John Stefanon | FP3
by Marni Elyse Katz

“This is a model apartment in the loft building FP3 in Boston’s Fort Point neighborhood. Like the other FP3 space I blogged about last fall, the interior design was done, and beautifully, by John Stefanon of JFS Design Studio….”

Read the full article by Style Carrot here >>

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FP3 Featured in the Metro

FP3 gets FHA Approval

Despite the housing crash, the FP3 residential building in Boston’s Fort Point neighborhood has been steadily selling since opening in the golden days of summer 2008, reaching over 50 percent occupancy this winter. At the end of March, however, the building got a boost when it gained FHA loan approval, opening FP3’s doors to more homebuyers.

Read the entire article from the Metro here >>

FP3 Receives FHA Approval

FHA approval makes FP3 accessible to a host of new home buyers who qualify for mortgage loans insured by the Federal Housing Administration.

FP3 FHA ApprovedFP3, located at 346 Congress Street in Boston’s Fort Point neighborhood, announced today that the building has received FHA approval. FP3 engaged in an extensive application process in which the property, association and management company were thoroughly vetted by the Federal Housing Administration. According to the FHA, this puts FP3 on a “very short list of new construction buildings” in greater Boston that have received FHA approval.

“FHA approval now makes FP3 an attractive and viable option for first time home buyers looking for affordable new construction,” said Joseph Laurano, Director of Operations for ResMark, the residential subsidiary of Berkeley Investments, owner and developer of FP3. “A 3.5% down payment, as opposed to the 20% required at most new construction properties, sets FP3 apart, especially for those buyers looking for an entrée into a full-service building. In particular, our spacious studios are an ideal choice.”

The Federal Housing Administration, generally known as “FHA”, provides mortgage insurance on loans made by FHA-approved lenders throughout the United States and its territories. FHA insures mortgages on single family and multifamily homes including manufactured homes and hospitals. It is the largest insurer of mortgages in the world, insuring over 34 million properties since its inception in 1934.

The program and rates are designed to help qualified individuals buy homes. In order to receive FHA approval, making FHA-approved loans available to home buyers, a new construction condominium building must meet an exhaustive list of criteria and at least 51% of the units in the building must be sold. Buildings not meeting these criteria require a minimum down payment of 20%, making most new construction out of reach for many home buyers. In condominium buildings that have FHA approval, qualified buyers can put as little as 3.5% down for a loan amount up to $523,750. At FP3, half of all units are priced at $500,000 or below.

With its recent receipt of FHA approval, FP3 is one of the few new luxury condominium buildings in Boston available to a majority of buyers who want new construction. Comparable competitive projects in the city have yet to qualify for this distinction, making the award-winning FP3 an increasingly distinctive property in today’s real estate market.

To arrange an interview with FP3 spokesperson Joseph Laurano regarding the FHA approval and/or real estate market conditions in Boston, please contact Kortenhaus Communications.

About FP3

FP3 sets a new standard in Fort Point living. Spanning eight floors and comprising 92 loft-style studios, one and two-bedroom, terrace, and penthouse residences, FP3 offers a surprising range of highly personal living spaces. Designed by Boston architect David Hacin, FP3 is the recipient of the AIA’s 2009 Housing Award and was named by the Boston Herald as one of Boston’s ten best buildings of the decade. FP3 is home to three of celebrity chef Barbara Lynch’s acclaimed dining establishments – Sportello, Drink and Menton – and features an independent art gallery featuring regularly rotating exhibitions of work by artists from Fort Point and around New England. FP3 was developed by Berkeley Investments.

Hub’s colorful communities

Andrew Woodward’s apartment in the FP3 condo development in Fort Point

Andrew Woodward’s apartment in the FP3 condo development in Fort Point

When Andrew Woodward, 33, was displaced from his artist cooperative in Fort Point two years ago, he was scrambling to find affordable housing and studio space.

Fortunately for the painter, three affordable units were built at the luxury FP3 condo development on Congress Street, specifically earmarked for artist living. Woodward and his wife were chosen through a city lottery to purchase a unit at 50 percent of the market value.

“It is very difficult to find affordable artist housing. The Fort Point area is pretty much done with affordable housing,” says Woodward, whose wife Jessica is a furniture designer. “Artists make a difference for the vibrancy of the city.”

With Boston real estate being among the priciest in the nation, finding affordable housing and workspace is a struggle for local artists. But options exist.

Both the city and state offer resources to help artists find affordable space, and incentives to builders and artists looking to develop their own units.

The Massachusetts Cultural Council — a state organization — created ArtistLink, a Web site that helps creative types locate appropriate housing statewide, and the Boston Redevelopment Authority has a list of city spaces for rent and sale. The BRA has helped place 178 artists in recent years.

“The city of Boston recognized it had a population of artists that were being displaced,” says Jay Nagel, director of ArtistLink. “We want to serve artist populations because we think they are good for the community.”

Nagel claims Jamaica Plain, South Boston, Roxbury and Hyde Park have become hotbeds for working artists because they have been priced out of many of the downtown neighborhoods.

The Dartmouth Hotel in Dudley Square has six lofts for rent, and The Artist Lofts at Westinghouse in Hyde Park has 61 units for sale, according to city and state listings.

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