Connect With Us


Growing Rift Appears Between Mayor and Developers in Boston's Downtown Crossing Project (Friday's News & Notes)


We've reported before how the relationship between Boston Mayor Thomas M. Menino and the developers of the Downtown Crossing project might have been compromised by some ill-advised remarks by Vornado head Stephen Roth.

It now seems Menino is determined to be the one calling the shots on the project. According to newly emerged reports, the Mayor refused to go along with Vornado and Gale International's proposal to build the project in phases, starting with new digs for Filene's Basement and a parking garage. The plan would allow the developers to finally start construction on the project rather than waiting for market conditions to correct enough to allow the construction of the planned residential component.

The Mayor, however, reportedly saw this as another ploy to make the project benefit the developers at the expense of the city.

For this and other stories about retail and retail real estate, follow the links below:

Please or Register to post comments.

What's TrafficCourt?

Industry news, views and occasional strange stuff.


Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
Blog Archive
National Real Estate Investor Related Sites

Sponsored Introduction Continue on to (or wait seconds) ×