Boston Real Estate for Sale

In an op-ed today in the Boston Globe, Paul McMorrow tells us what he really thinks of all the recent news about Vornado and Hynes putting the “Filene’s hole” up for sale: Nothing has changed. The property is maybe worth 50% what it sold for, Vornado still needs to recoup their $150 million investment — so they still want to be in on the development. So it appears the city’s moves to revoke their permits just makes it harder for anything to move forward.

There was a compromise on the table, McMorrow reports: Vornado was offering to rebuild the retail portion and wait on the 38-story condo/apartment portion. But the city, according to McMorrow, wanted all or nothing.

Click here back to Boston Real Estate Home Search

Ford Realty – Boston Real Estate Google Reviews 2019 & 2020

Click Here: Seaport Luxury high rise condos

Click here: Beacon Hill Apartment rentals

Call Now