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Slow sales at Clarendon blamed on economy

By Thomas Grillo
Wednesday, November 19, 2008 -

Developers of luxury housing in the Back Bay yesterday moved closer to a scheduled opening next fall with a topping-off ceremony for the Clarendon project.

But so far, only 25 buyers have signed purchase-and-sale agreements for the 103-unit high rise on Stuart Street. That number is a far cry from the Mandarin Oriental, where the expensive dwellings on Boylston Street quickly sold out.

 
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UPS AND DOWNS: Government officials...
Photo by Nancy Lane
UPS AND DOWNS: Government officials and construction workers celebrate the topping off of the Clarendon yesterday. At left is an architectural rendering of the Stuart Street building.
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