Last updated on January 12, 2019
A high-end luxury apartment building on South Huntington Avenue, which has drawn the ire of local neighborhood organizations, has been sold for $123 million.
Oxford Properties Group has bought Serenity Apartments at 101 South Huntington Ave. for $123.35 million, according to Bldup.com.
The apartment building has 195 units, 15-stories and 2,100 sq. ft. in commercial space on the ground floor.
In 2017, the Jamaica Plain Neighborhood Council (JPNC) sent a letter to the Boston Planning and Development Agency (BPDA) in June asking whether Cedar Valley Holding LLC, the developer of Serenity, had violated its agreement with the city by subletting 24 apartments to a corporate rental company. In the letter, the council quoted a June 2013 memorandum that outlines that “the lessee must be a person living in the unit and may not sublet or assign the apartment. There will be only one lease per unit.” It also said lessees may not be full-time graduate students.
But that language did not appear in the final agreement, which makes no mention of subletting units at the 105A South Huntington Ave. complex. The BPDA confirmed to Jamaica Plain News that the subletting language is not included in the final agreement but did not explain why.