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      Agent Spotlight

      About Michael

      Executive Vice President of Gibson Sotheby's International Realty, Michael Carucci has been one of the most trusted names in the Boston real estate market for more than 30 years.

      Michael is one of Boston's highest producing agents and is consistently ranked in the top 1% in sales volume for the Greater Boston area. He is a recognized expert in the residential and commercial Boston real estate market and is regularly quoted in articles, appearing in the Boston Globe, Boston Herald, Boston Business Journal, and Banker & Tradesman. He is also a contributing editor for Boston Common Magazine...

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      Michael's Testimonials

      Working with Michael is always a pleasure. Whether on a residential sale or purchase, or a larger multi-family or retail transaction, you know that your interests are being looked after by one of [...]

      Michael did a great job closing the deal for us per my specific requests. He is very responsive - he always picks up the phone when I call him. I highly recommend him.

      Michael is knowledgable, patient, and professional. If you’re considering a sale or purchase, I recommend Michael Carucci.

      Michael represented me on both the sale of my home and the purchase of a new one that better suited my family. Michael’s execution was flawless and I would highly recommend him for any of [...]

      "What sets Michael apart from other brokers is his attitude that the job doesn't stop when the ink dries on the closing papers. He was a tremendous help when my family and [...]

      "Michael is a star broker. By that, I mean he brings buyers and sellers together and makes deals happen. Both parties leave the closing table happy. He knows everybody and everybody knows him. [...]

      Michael Carucci's knowledge, advice, and guidance of the property market is extraordinary. Coupled with Michael's genuine concern for the welfare of the family in a stressful [...]

      Michael has an exceptional ability to uncover opportunities in an otherwise very competitive market. His follow through and execution make all the difference.

      Blog :: 10-2016

      Ernie Boch Jr. Making a Difference

      The Carucci Group was excited to learn recently that friend and client Ernie Boch Jr. purchased the naming rights to the Wang and Shubert theaters. For ten years, the naming rights of the theater belonged to Citigroup, but when the bank left the city it was clear that their support for these historic landmarks for the performing arts would be left without a partner. That is until Ernie Boch Jr. stepped up. The terms of the partnership have not been disclosed, but it’s estimated that this is a multi year partnership that will greatly benefit the Boston performing arts scene.

      In a recent Boston Magazine article, Boch said, “My family has a long history in celebrating all genres of music and a great respect for the power of the performing arts. The Wang and Shubert are magnificent theatres with great historical value but it’s the programs they provide to the community that are truly inspiring. We’re deeply vested in the cultural and artistic vibrancy of Boston and I’m thrilled be a part of such an important legacy.”

      Ernie Boch Jr. is known throughout Boston and New England for having continued his father’s legacy as an astute businessman, further growing the Boch and Subaru of New England automotive empires. More than that, he’s also known for being extremely generous philanthropically, especially when it comes to ensuring that music programs are protected within schools and communities. He founded Music Drives Us, which is a registered 501(c)(3), nonprofit supplying grants to music programs designed to effect positive change for people of all ages. They seek out organizations and individuals interested in using music as a tool to better the lives of people in all segments of society.

      Michael Carucci said about the naming rights, “Boston is a world class city because of the diverse arts and culture, and we are lucky to have a visionary like Ernie Boch Jr. who is willing to invest in keeping performing arts programs thriving. Thanks to people like Ernie, we need not jet to NYC for a Broadway show because he’s used his name and generosity to anchor Broadway caliber performances right in our own back yard. Ernie has been a personal friend and client for a better part of my life and so I’ve seen first-hand how deeply he cares about making a difference. This city has gained much more than just naming rights to a theater, Boston has gained a true friend and advocate in Ernie Boch, Jr.”

      The Center, which includes the Wang and Shubert Theatres, is one of the nation’s foremost nonprofit performing arts institutions. As New England’s largest cultural venue, it honors all aspects of the performing arts offering theater, opera, classical and popular music, comedy, dance, and Broadway musicals. Its education initiatives include the City Spotlights Leadership Program and ArtWeek Boston.

      Michael Carucci's 5 Favorite Sculptures and Memorials in the Public Garden

      As the foliage changes to rich hues of red, yellow, and orange, Boston Public Garden fills with spectators from all over the globe. It's hard not to become entranced by the abundance of beauty along the walking trails lined with manicured grasses, unique flora, and of course, the elegant swan boats drifting along the pond. Strategically placed throughout the Garden there are several sculptures and memorials, each one rich with exquisite artistic grace as well as historical significance. The Boston Public Garden has been akin to a front yard for Michael Carucci's Boylston Street home for more than a decade and as such, he has become acquainted with each piece of artwork. Here are Michael's 5 favorite sculptures and memorials all which may be found in the Garden:

      Ether Fountain: The historic sentiment of this fountain is that it's the oldest monument in the Garden, dating back to 1868. It was a gift from Boston resident Thomas Lee and it represents the anesthetic qualities of ether, first used in 1846 at Massachusetts General Hospital. There are several symbolic representations on the monument including The Angel of Mercy as well as granite figures which represent the parable of the Good Samaritan.

      George Washington: The massive statue of George Washington sitting on a horse is Michael's second favorite statue and is also the second monument to arrive in the Garden. The artist was one Thomas Ball, a sculptor from Charlestown. It has been said that Ball worked on the plaster cast for this statue for more than four years, and that the piece could not be cast until after the Civil War because there was a shortage of bronze due to the war. The statue was unveiled on July 3, 1869. 

      Charles Sumner: Four more than 80 years there have been four bronze statues on granite pedestals facing Boylston Street. They are Charles Sumner, Wendell Phillips, Thomas Cass, and Tadeusz Kosciusko. Michael's favorite of these four is Charles Sumner not only because this statue overlooks the building he calls home but also because Sumner was a Boston based senator who was the leader of the antislavery forces in Massachusetts. 

      Ducklings: Children and adults alike are familiar with the duckling sculptures at the corner of Beacon and Charles. The sculptures are based on Robert McCloskey's 1941 bestselling book Make Way for Ducklings. There are nine sculptures all together, representing Mrs. Mallard and her 8 ducklings as they march toward their final home which is the island in the middle of the Garden's lagoon. 

      9/11 Memorial: The newest memorial within the Garden is the 9/11 memorial which commemorates over 200 individuals with ties to Massachusetts who perished is the 9/11 terrorist attacks. The memorial is surrounded with benches, plants, and flowers in an effort to offer a peaceful setting for remembrance within a public setting.  A selection from a poem by local writer Lawrence Homer encourages us to find peace in this spot. “Time touches all more gently here,” he writes. The Garden of Remembrance, completed in 2004, was funded largely through private donations, as well as a $100,000 federal grant obtained through the efforts of Senator Edward M. Kennedy.

      Michael Carucci on the Cost of Living in Boston

      Michael Carucci's clients move to Boston from all over the world and, depending on what part of the globe they are coming from, sometimes home prices are a shock. For example, where a 900 square foot luxury condo in Fort Worth, Texas might rent for $1700/month, that same luxury condo in Boston will rent for $2800/month. That being said, it's not just housing that costs more, The Carucci Group tracks the cost of living all around so that we can give our clients a fair comparison of living expenses when it comes to food, entertainment, and personal care. 

      Here are some interesting Boston Cost of Living numbers based on October 2016 data:

      • Monthly rent for a 900/sqare foot apartment in an expensive area $2815
      • Monthly rent for a 900/square foot apartment in a normal rent area $2085
      • Utilities for 1 month in a 900 square foot apartment $227
      • Basic dinner out for two in a local pub $52
      • Two tickets to the movies $26
      • Two tickets to the theater (best seats) $155
      • Dinner for 2 at an Italian restaurant including wine and dessert $108
      • One cocktail at a downtown club $13
      • Basic lunch in the business district $14
      • Monthly ticket for public transportation $85

      For a more detailed summary of Cost of Living data with the ability to compare between states visit the Expatistan Cost of Living Index

      Explains Michael Carucci, "Yes, there's a price to pay for living in one of the greatest cities in the country, Boston. However, it's important to also note that salaries, job opportunities, healthcare, and educational opportunities are more abundant in Boston than anywhere else in the country. The typcial clients we work with are comfortable paying more because, quite frankly, they get more in Boston than anywhere else."

      The Carucci Group offers their clients an array of tools to help clients best determine the best potential home price for their family so that the family maintains the level of living that they are used to. As well, the Salary Report tool the team uses, helps relocating clients determine how much they need to make in the city in order to maintain their standard of living. 

      If Cost of Living data and salary matrix reporting sounds unusual for a real estate company, you are correct. However, The Carucci Group is anything but average. In fact, the team works daily to ensure that that the tools, resources, and service offered by their vetted team members are unequaled anywhere else in the industry.

      If you are interested in additional Cost of Living data for Boston or surrounding communities, reach out to Michael Carucci directly at michael.carucci@gibsonsir.com or 617-901-7600.

      Michael Carucci Talks Boston Luxury Real Estate on NECN

      As an expert on Boston luxury real estate, Michael Carucci was invited to NECN recently to talk with Mike Nikitas about what buyers are looking for when it comes to buying in Boston. Here are some highlights of their conversation.

      • Carucci noted a trend in families choosing Boston over the suburbs as evidenced by the early success he has seen in projects like Millennium Tower and the new Four Seasons at One Dalton. Michael says that many of his clients choose Boston over other communities because they can live-work-play all within the boundaries of a city with robust historical, cultural and entertainment offerings.
      • Per square footage prices for luxury real estate in Boston are about $1500-$2000/per square foot. Carucci shared data on a recent Four Seasons closing at $2800/per square foot. 
      • Michael shared information on which markets oversees are investing heavily in Boston, including parts of Asia.
      • "We like to say our job begins once the property closes." Carucci went on to explain the work he and his team members offer to clients even beyond the closing table. 
      • Carucci also shared his blueprint to selling luxury real estate. He says For Sale signs and Open Houses are unusual in the high end market, because what really works is his targeted marketing platform that works to locate the appropriate buyer for each property through his relocation and international network of affluent clients.

      CLICK HERE to watch the entire segment or contact Michael Carucci at 617.901.7600 or michael.carucci@sothebysrealty.com for your own personalized Boston real estate consultation.
       

      Michael Carucci Presents Exclusive Pre MLS Offering at 388 Warren Street, Brookline, Massachusetts $3,975,000.00

      388 Warren Street, Brookline, Massachusetts  $3,975,000.00
       

      Michael Carucci, Executive Vice President of Gibson Sotheby's International Realty presents a beautiful estate designed by renowned architects Chapman & Fraser. 
      Located on nearly one acre of plush grounds in Brookline's finest neighborhood, this bespoke residence boasts 6 bedrooms, 6 fireplaces and 5 and a half bathrooms complimented by classic period detail and open and airy living space. This magnificent retreat comes complete with a gourmet kitchen, a butler's pantry, an outdoor deck and an au pair suite. The tranquil patio with an in-ground pool and hot tub overlooks gracefully landscaped grounds. 

      For more information on this magnificent estate, contact Michael Carucci at 617.901.7600 or michael.carucci@sothebysrealty.com.