Archive for the ‘Boston lofts’ Category

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!

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.

Downtown Sees 30% Increase in Condo Sales

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

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

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!

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!

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 >>

Have you been curious about the renovations at 346-348 Congress Street in Boston Fort Point neighborhood?  Do you want to see why FP3 has won several awards for it’s design and interior or see the amazing terrace spaces?

Now’s your chance!

On May 23rd, from 1pm through 3pm FP3 will be hosting our next Open House.  We will be providing tours of the property, including our fabulous model units furnished by JFS Design Studios and David Hacin!  If you’ve missed out on our other events, here’s your chance to see why the Boston Herald named FP3 as one of the Top Ten Boston Buildings of the Decade!

And with FP3’s recent FHA Approval, qualified buyers can put as little as down as 3.5% of a loan amount up to $523, 750.  Just FYI, over half our units are priced under $500,000- making FP3 one of the few luxury buildings that offer new construction at an affordable rate!

No need to make an appointment, just stop by 346 Congress Street between the hours of 1pm and 3pm.  Make a day of it and grab a cocktail at Barbara Lynch’s Drink or lunch at Sportello in the ground floor of the building while you’re here!

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 >>

Artist's Sketch of Fort Point Boston Development

Before the recent economic troubles presented themselves, optimistic Bostonians fully expected Fort Point to bust out as the South End’s edgier cousin- its brick-and-beam-loft dwellers were sure to fast-track an array of exciting retail ventures, not to mention a vibrant, gritty-glam nightlife scene.  But just because Fort Point isn’t yet a replica of New York’s Tribeca, doesn’t mean it’s DOA.  ‘We’re all disappointed that the economic scene didn’t allow quick development,” says Vivien Li, executive director of the Boston Harbor Association.  “On the other hand, anytime something new opens, it’s huge.”

Read the full article from Boston Magazine here >>

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

FP3, 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.