From The Boston Herald:
Does Crime Pay? "City Hall Confidential" blogger Kevin Rothstein wonders if local voters will send a message this election regarding the recent spike in crime over the past several months.
My opinion? No, those who vote don’t care (I think the majority of voters come from the outer-neighborhoods such as Roslindale & West Roxbury, and they only care about property taxes). Those who have to deal with this issue, daily (residents of the Back Bay, Beacon Hill & South End) either don’t vote or give up, assuming it is part of city living.
Business Briefs: Scott Van Voorhis has details on three development deals in the works. The first is plans by a local developer to buy the Institute of Contemporary Art building, presumably for condos. The second involves a New York company that has purchased the property at 303 Columbus Ave, in the South End. This piece of land has already been approved for a condo development (and is NOT the Columbus Center project). The third development deal involves plans by Joe Fallon to fill office space at Fan Pier.
Sox make purchases of Fenway area properties: Mr Van Voorhis continues his excellent coverage of everything real estate with a story about the Red Sox, and how they are using "stealth" tactics to hide their purchases of properties around Fenway Park. (Van Voorhis’ story follows on the tail of other reporters’ articles, including Thomas Grillo’s in
the Boston Courant.)
Companies Buy "Workshop" Condos: Greg Turner reports that some local businesses are buying "Workshop Condos" – condos that you work out of, not live in. Different in concept than just buying office space, they seem to be focused on businesses with a need for a garage or storage space – like a contractor, for example. The first projects to be built are in Northboro and Franklin.
The Failure of Metrotech, Eminent Domain and All The Brooklyn brownstone blog covers the Metrotech development, a "suburban" office park, right over the bridge from downtown Manhattan. To build the office space, the city displaced (kicked out) 250 owners and tenants in the hopes that new business would flock to the area and improve the neighborhood.
The only time I’ve seen that area is when I spent a weekend in Park Slope. Metrotech area was like so separated from the other areas and looked totally sad and blighted, like a deserted shopping mall. Not much of an improvement on the area, unfortunately. Now, $270 million in subsidies later, Brooklyn has become popular, on its own. This shows the perils of eminent domain.
From The Real Estate (New York Observer)
Why Brownstoners Secretly Love Bush Another article about eminent domain. The US House of Representatives passed a bill on Thursday basically penalizing local governments if they take land by eminent domain, unless the area is considered "blighted".
Brooklyn is in the midst of its greatest boom, ever, so it’ll be hard for the developer of the massive Atlantic Yards project to convince everyone that they should be allowed to bulldoze people and buildings out of their way.
From The New York Times
Without Fanfare, Building of New (World) Trade Center Starts Well, not really. What was actually started yesterday was the new massive transportation hub that’s going underneath any building(s) above.
Most people who don’t live in New York City haven’t been paying attention to all of the drama taking place down there over plans to build the new towers, etc. From what I have read, it’s a mess. (The developer/owner of the site is required to rebuild a tower (or two), so something will be going up, sometime.)
Of course, even this small step forward is not without controversy. The Coalition of 9/11 Families have sued to stop construction. They would, from what I gather, rather have the space remain undeveloped.