The developer of a delayed West Roxbury apartment complex claims that its general contractor engaged in “rampant misconduct” by withholding over $2.2 million in payments to subcontractors.
A realty trust affiliated with developer DivcoWest claims that Boston-based Rise Construction Management responded to its request for project documents by loading them into a dumpster and having them carted away on April 14.
What else is on tap today?
- Another WeWork Lease Dropped: One Lincoln owner Fortis Property Group faces another big office vacancy to fill if a bankruptcy court approves WeWork’s motion to reject the lease on its 241,000-square-foot coworking center.
- Dan Rivera Departs: The head of a top state quasi-public development finance agency turned in his resignation Friday, effective immediately, to pursue unspecified “personal opportunities.”
- South End Office Conversion: In a first for Boston’s office-to-residential conversion program, an office landlord is asking for permission to add height as part of the renovation.
- Stagflation Possible? JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities.
Who’s on the move?
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
Show me the data!
Here’s who’s leading the pack among Franklin County mortgage lenders.
What did I miss?
Here’s what you might have missed in Sunday’s newsletter. Not a B&T subscriber? Fix that here.
- If downtown Boston fully regains its retail footings, it will be through discarding cookie-cutter leasing strategies reliant on fast-casual franchises and clothing chains.
- Could a Supreme Court decision earlier this month invalidate Boston’s “linkage” development fee system?
- Samuels & Assoc.’s Rachel Diharce gives an inside look at how she and her team curated a unique retail experience at the new Lyrik development to cap off Boston’s iconic Newbury Street shopping district.
