Week In Review will resume on Friday, January 9th.
From everyone at Colliers Meredith & Grew, have a wonderful holiday season.
The following represents articles of interest to the Boston real estate community that appeared in various publications during the week.
Certain news links may require site registration or subscription to access the complete article.
A marketplace in the middle
The Boston Globe — December 19, 2008
The cash-strapped operator of Faneuil Hall Marketplace has put its rights to run the popular outdoor mall up for sale as it battles to shore up its finances and avoid declaring bankruptcy.
State sees 8,000 jobs disappear last month
Boston Herald — December 19, 2008
The recession tightened its grip on Massachusetts last month.
Hub Cruise plan dead in water
Boston Herald — December 18, 2008
A planned $100 million expansion of the Black Falcon Cruise Terminal on South Boston’s waterfront has sunk.
Restaurant is proposed to spruce up Common
The Boston Globe — December 18, 2008
Along with more art shows and theater events, Boston Common could have a new restaurant, with indoor and outdoor seating, under a proposal released last night by a City Council subcommittee.
Latest cut takes key rate as low as it goes
The Boston Globe — December 17, 2008
The Federal Reserve, after slashing its key interest rate almost to zero, said yesterday it will now pursue unconventional actions that one economist called the "moral equivalent of printing money" to try to stop a quickening economic slide.
Shire looks to expand Lex. Campus
Boston Business Journal — December 17, 2008
The developers in charge of building Shire PLC’s new Lexington campus will go before the town’s planning board on Wednesday to discuss plans to build an additional 200,000 square feet.
Recession, It Seems, Can Fight City Hall; Relocation Is on Hold
The Wall Street Journal — December 17, 2008
For historic preservationists in Boston, the recession has brought some temporary relief. They had gotten riled up after Boston Mayor Thomas M. Menino said he hoped to move City Hall to a new site on the south waterfront.
City picks firm to map out Greenway zoning
Boston Herald — December 16, 2008
A Boston design firm will revise zoning along the Rose Fitzgerald Kennedy Greenway.
Make room for Fairmont
The Boston Globe — December 13, 2008
The struggle to bring a luxury hotel to Boston's Battery Wharf comes to an end with a grand opening on Monday, right in the middle of the worst recession since World War II.
Developers reduce scale of key project
The Boston Globe — December 13, 2008
The developer of a $700 million tower on the former Filene's property in Downtown Crossing is reducing the building's height by seven floors and dropping plans for 166 condominiums to resolve financial problems that halted construction last month.
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