What are the emerging condominium trends? Anthony of condodomain.com wrote at Barbara Corcoran’s blog the trends emerging in the condominium industry. Anthony mentioned 5 trends that are as follow:

1. The new luxury loft: Boston following NY
   

   Several new projects are breaking boundaries in downtown Boston for high-end loft living. Chief among them is the 54-unit former Virgin Records Building at 360 Newbury, designed by renowned architect Frank O. Gehry, developed by Boston Residential Group and marketed by Otis and Ahearn, Boston’s premier residential brokerage and marketing company. With high-style, luxury finish units selling for between $650,000 to over $2 million, the project is pushing the loft market into a whole new arena.

2. Condominium sales surge in emerging urban markets
   

   As high-end condo sales push the $1M+ mark in Boston, a large segment of the condo-buying market has found itself priced out of the downtown area. But that doesn’t mean those buyers aren’t purchasing condos. They are simply moving into new urban emerging markets in the immediate environs, such as Chelsea, East Boston, Watertown, Jamaica Plain, Medford and more.

3. Hybrid hotel/residential projects are the future of luxury living
   

   A spacious loft with high-end finishes, sweeping views…and a full service restaurant, spa and maid service? Sounds like a sybarite’s dream, but it’s fast becoming reality, due to the dramatic expansion of hotel flagships into mixed-use hotel and residential properties.

4. Oversize showers with multiple heads and eliminate the tub
   

   Large soaking tubs are no longer the height of luxury, if current trends in condo interiors hold true. Instead, more and more buyers are requesting oversize showers with multiple heads, glass enclosures, benches and more—and eliminating the tub altogether especially in the 1 & 2BR units.

5. Personality over parking
   

   “Most loft deals in urban locations were once offices or warehouses, and the vast majority have very little parking, if any,” says Kevin Ahearn, president of Boston-area brokerage and marketing firm, Otis & Ahearn. “But we are finding that today, people are willing to compromise in that area. They want the beams and columns and big windows and unique qualities of interesting conversions — for this type of buyer the offsetting feature(s) diminishes the parking feature requirement within other segments of the market.”

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