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The Foreclosure At The Ritz

Boston's Ritz-Carlton residences are some of the most luxurious in the city which is why the news of a foreclosure in the complex is surprising to many. The residences associated with the luxury hotel have been home to Manny Ramirez, Johnny Damon and other former Red Sox players as well as many of Boston's wealthy residents. The foreclosed one-bedroom, eighth-floor unit in the Ritz-Carlton Residences should still sell for about $600,000 at resale. Other units in the building are currently on sale from $795,000 to $4.25 million.

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