Natick Nouvelle, Massachusetts – Luxury Condos are Auctioned Off
By Claudette Millette, Buyer, Broker - Metrowest Mass
(The Buyers' Counsel)
Going. Going - But not totally Gone. The saga of the Nouvelle at Natick continued yesterday with the auctioning off of 55 of its remaining 178 luxury condos. Nearly 400 people stood in the excitement-filled atmosphere in the Crowne Plaza Boston ballroom as buyers, each with a $10,000 certified check in hand, scooped up some incredible deals. The most expensive unit, a three-bedroom three-bath, 2,110-square-foot 12th-floor unit sold for only $626,000 which was 37 percent of its original asking price of $1,684,900. Three others of the $1 million dollar-plus units also sold for an average of 37 percent of their asking price. A one-bedroom, 922-square foot condo which had originally listed for $514,900, sold to a lucky bidder for $281,000. Bankrupt owner General Growth Properties had pre...
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