Simon Announces Copley Place Revamp Following Neiman Marcus Exit
Simon Property Group will convert Copley Place’s Neiman Marcus department store wing into restaurants and smaller stores following the luxury retailer’s departure in early spring.
Wayfair, DraftKings HQs Relocating in Office Shakeup
The headquarters of two Boston-based household names are relocating in an office market shakeup involving leases at towers in Back Bay and the Financial District.
Luxury Retailers Stay Loyal to Back Bay
Seaport District developers have moved to overcome design and urban planning critiques in recent years, but one retail sector is unlikely to move to the South Boston waterfront anytime soon.
Air Rights Project Gets OK, Could Transform Newbury Street
A pair of office and hotel towers could break ground near the western end of Newbury Street early next year, flanking a new pedestrian plaza and stairway leading to an elevated terrace overlooking the Massachusetts Turnpike.
1000 Boylston Revives Turnpike Air Rights Vision
Developers haven’t successfully completed an air rights project over the Massachusetts Turnpike in Boston since Copley Place was completed in 1983, but the dream of maximizing valuable Back Bay real estate remains a powerful incentive in a booming multifamily market.
Simon’s Retreat Doesn’t Herald Condo Market Collapse
Are luxury condominium prices in Boston finally peaking? Or are they poised to take another big leap? Beats me. But I’d much rather be Millennium Partners, with hundreds of millions in the bank from sales at its new Downtown Crossing tower, than Dick Friedman, who is still two years away from delivering his luxurious 61-story Four Seasons tower.
