boston real estate blog   
Sponsored by Ford Realty Inc.
137 Charles Street, Boston
realtyford@yahoo.com
617-595-3712
617-720-5454
151 Tremont Street
617-482-0010
boston real estate blog
| Home | Search Boston Condos | Search Boston Rentals | Buying
Real Estate
| Selling
Real Estate
| About Us | Contact Us



Report: Henry is selling Globe’s Morrissey Boulevard HQ

There’s a little room here for John Henry, the new owner of the Boston Globe, to still downplay, clarify or backtrack from his comments. But Boston magazine’s quote from Henry sure sounds like he’s made up his mind about moving the newspaper out of its current location on Morrissey Boulevard to somewhere else.

The Herald makes the move sound even more definitive and imminent.

Either way, the news is not too shocking. Henry, also the owner of the Red Sox, has openly talked of possibly moving the Globe and redeveloping the current 16-acre site (hopefully into condos, please).

In a way, Henry would be crazy not to move the Globe. That property is worth tens of millions of dollars for potential redevelopment – and, assuming that money is plowed back into the Globe, it would provide some financial breathing room for the paper.

Hey, the Herald moved out of its long-time Harrison Avenue headquarters a few years ago, ironically outsourcing its printing today to the Globe. The Boston Business Journal also rents offices for its newsroom and other non-print operations in the Financial District, outsourcing its printing to other companies.

The big potential problem for the Globe would be: Where would it print its paper? How many printing presses are there left in the area to print a still relatively large daily newspaper? Would it keep the printing plant at its current location for the time being while developing the rest of the property? And what happens to the Herald if the Globe outsources its printing elsewhere? Where would it be printed?

File under: Questions, questions, questions

Read other posts about: Boston life, Boston Real Estate

Leave a Reply »»

Comments may be moderated, edited or deleted; by leaving a comment, you are agreeing to the Terms of Service of this website.

Let's talk Boston real estate. The most recent real estate comments

  • John Ford, Charles Ponzi’s old Lexington home for sale at $3.3M: That’s a great idea. Anyone have an idea how...
  • Rich, Charles Ponzi’s old Lexington home for sale at $3.3M: Speaking of Mr. Ponzi, he ran his Ponzi scheme out of an...
  • amparo bracero, Big changes in store for Tremont Street?: I will love to comunicated my self with aida I was one of...
  • warren currier, Low mortgage rates may partly explain low inventory: The banks are making it very hard to get a loan....
  • Kiki, ‘Our biggest impediment’: Inventory: A quick maybe unrelated question. What’s a typical or...
  • JS, Hey, let’s tear down most of downtown Boston for the Olympics: I agree, and I resent the commission describing us...
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, ‘Our biggest impediment’: Inventory: good blog
  • Phoenix property management, Blog: As you may have noticed I am having problems with the comment section of the blog....
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. i like it so much.
  • Phoenix property management, Get your very own ‘mushroom house’: Good post. I like it
  • PROPERTY MANAGEMENT COMPANIES in Carlsbad CA, California dreamin’ on such a winter’s day …: Good post...
  • Borris C., ‘Friendly competition’ keeps Seaport rents as high as possible: Sounds like good old-fashioned collusion...
  • Matthew Mowell, Boston’s glut of new luxury apartments may bring down rents – and banks with them : One reason why...
  • greent, Boston Condos Sunday Open Houses: The editorial team unmistakably thanks ea and ea and occasionally every
  • Anumaneitaka, NAR job posting – needed: economist, spokesman, human punching bag: Вас не отпускают с работы? Не...
  • PROPERTY MANAGEMENT Oceanside CA, Blog: Thanka
  • warren currier, Chinese homebuyers are snapping up properties in … Detroit?: Don’t taunt them...
  • warren currier, Chinese homebuyers are snapping up properties in … Detroit?: Re Boston: If you venture out to...
  • anon, Five signs you’re a ‘renter for life’: Or you could very well understand finances and the...
  • anon, Return of low down-payment mortgages: Brilliant! Just keep lending more for less and prices must keep rising....

  • Join us on Facebook Subscribe To FeedBurner Follow us on twitter Newsletter sign-up

    Welcome

    Are you considering the purchase or sale of a home in Boston?

    Contact us today to discuss ways we can help make the experience easy and stress-free.



    Search past blog entries





    Site tools


    Add To Google      Subscribe To FeedBurner

    Add To My Yahoo!

    | | | |





    Boston Real Estate/Boston Condos for Sale -
    Search MLS

    Select property type:
    Select area:
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
    Select property size:
    Price from:
    Price to:
    MLS #



    Boston Real Estate and Boston Condos

    Click on the links below for Boston condo neighborhood sales listings

    Boston Back Bay Condos

    Beacon Hill Condos

    Boston Charlestown Condos

    Fenway Boston Condos

    Boston South End Condos

    ----------