X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BOSTON-Boston officials are trying to figure out the monetary losses caused by a delayed redevelopment project in Downtown Crossing as part of an approval review of the developer’s plan to construct a 39-story tower on the previous Filene’s property.

The proposed project was stopped in summer 2008 due to financial problems. A group headed by Vornado Realty Trust, the owners of the $750 million project, placed the property for sale. Yesterday, the Boston Redevelopment Agency released letters related to the long-delayed project’s negative effects. For the full story, go to Boston Globe.


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.