Murdoch’s News Corp will build out, rather than immediately sell, a key tract of waterfront land that it’s poised to acquire from long-time South Boston land owner Frank McCourt, according to a News Corp. executive.
The deal could close in a matter of days.
“The first thing we’ll be doing is contacting City Hall,� said the News Corp. executive. “It’s a great city and a great site for potential development.�
Oh, this could be good news. Or it could end up dragging things out, until the year 2525.
Source: Murdoch to build in Hub – By Scott Van Voorhis, The Boston Herald
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