
GSIR, Cronin Group Settle Lawsuit
One of Boston’s prominent luxury brokerages and the developer behind a new Seaport District condominium tower have buried the hatchet in a dispute over allegedly unpaid sales commissions.
One of Boston’s prominent luxury brokerages and the developer behind a new Seaport District condominium tower have buried the hatchet in a dispute over allegedly unpaid sales commissions.
A re-run of an RFP process for a clutch of parking lots next to the Boston Convention and Exhibition Center in South Boston didn’t produce any additional bids, but Boston Global Investors and Cronin Group don’t appear to have scaled back their ambitions for the 6-acre site.
City officials and a state senator representing South Boston raised concerns Thursday that the independent convention center authority may be planning under “false pretenses” to develop land taken by eminent domain for mixed use rather than convention-related purposes.
Developers in South Boston’s Raymond L. Flynn Marine Park will chip in toward projects designed to stave off sea level rise under a new resiliency funding formula.
The St. Regis Residences tower in Boston’s Seaport District has named a San Francisco designer for its 114 condominium units, lobby and amenity spaces.
Holliday Fenoglio Fowler has arranged $341 million in construction financing and joint venture equity for a luxury, waterfront condominium tower in downtown Boston called The St. Regis Residences.
A number of financial organizations and commercial real estate companies are featured in this week’s roundup.