Your Name:
Your Email Address:
To: (Email)
Subject:
Message:
Email Preview:

Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Life at the Mall, Part II - Nouvelle at Natick, Massachusetts
Luxury condos in the upscale project known as Nouvelle at Natick, Massachusetts are now scheduled to be auctioned off on Sunday, October 4 at Crowne Plaza Boston in Natick. 
In a follow-up to a post that I wrote last year, the troubled project continues to struggle in the wake of a bankruptcy petition which was filed in April.  The owner, General Growth Properties, has been unable to cover a $1 billion debt after failing to sell some of its property leases, including one at Faneuil Hall in Boston. 
The once-touted retail/residential complex has only managed to bring under agreement 37 of its 215 condos and is currently set to sell off the remaining units at 70 percent below their previous asking prices. 
The original plan, during the height of the boom, was to transform the old "Natick Mall" into a more upscale shopping environment, adding stores like Neiman Marcus and Nordstrom and a mega complex of condos and luxury spas.  
It seems as though others may have shared my sentiment about not shopping where you live. 
I understood the concept of living in a protected environment with stores and restaurants in close proximity. The initial appeal was to have a downtown ... more

__________________________________________________
Are you on The Rain? Grow Your Network!




Spam prevention