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The Boston Globe

Business

Downtown Crossing becoming exclusive address

The luxury condos at 45 Province St. in Downtown Crossing went on the market in 2009 at the height of the last recession, a monumental case of bad timing that seemed to doom the $120 million residential tower as another folly of the real estate bubble.

The 137-unit building sat largely empty for years, raising the question of who would pay seven figures for views of a deteriorating neighborhood of empty storefronts, aging shops, and a massive pit where developers of the former Filene’s property had abandoned their own ambitious plans.

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