The proposed sale of the Faneuil Hall Marketplace lease held by General Growth Properties to Ashkenazy Acquisition Corp. is apparently off for now. The Boston Redevelopment Authority rejected the deal because, according to new BRA boss Peter Meade, General Growth didn't provide enough information on Ashkenazy's "financial reserves" and other projects. General Growth also didn't let Ashkenazy meet with the Faneuil Hall Merchant's Association. The General Growth lease runs until 2074. [Boston Business Journal Remember to follow Bostonist on Twitter and like us on Facebook.
1
Some blame Harvard's unfinished construction for the latest rat outbreak in Allston. [Boston Herald]
Former Boston official is collection $162k per year as a consultant to the BRA -- on top of his $97k pension. [Hartford Courant]
Ten people have been accused of embezzling $518k (or two years compensation of a BRA consultant) from the city of Malden. [Boston Channel]
more ›
Results tagged “bra”
Merry Christmas means something this year for the 400 National Guard troops who got home from Iraq today. Remember to follow Bostonist on Twitter and like us on Facebook.
In a press release, mayoral candidate Sam Yoon proposed to undo Boston's BRA should he be elected. According to Yoon, the Boston Redevelopment Authority is an "outdated system that favors developers over communities, that lacks coordination, and that consumes a large amount of revenue with no oversight." He proposes to replace it with a "Community Development and Planning Agency,"—which, if he simply called it the "Community Neighborhood Development Operations Management," could have the acronym CONDOM—with an emphasis on transparency, citizen accountability, and green development. He even throws in a few biking shouts-out.
« Previous
1
Next »