Boston Real Estate for Sale

Mr. Sunshine, Scott Van Voorhis, rains down on the NorthPoint condo development.

The stalled NorthPoint project, which is already reeling from a nasty legal battle between its partners, now faces another serious blow that could lead to delays in the opening of condo high-rises.

Contractors who had been working on the multibillion-dollar “city within a city”have taken out liens on the Cambridge development, saying they are owed more than $1.5 million for work they were never paid for.

The liens could prevent Boston and Maine Corp., a NorthPoint landowner and lead developer, from pushing ahead with plans to open the project’s first two condo buildings, lawyers for the contractors say.

It is true, as the lead-developer says, that liens can often be lifted or modified so that they don’t delay closings. This happened with us, at Court Square Press (but that’s another story).

Still, it’s a headache no one would want to endure.

Ahhh!

Buyer beware?

Northpoint’s legal woes: Liens could cut into condo sales – By Scott Van Voorhis, The Boston Herald

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Updated: 1st Q 2018

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