Our study of Boston’s One Lincoln and a successful conversion of a similar New York City office building show underutilized office towers can, in fact, become viable and vibrant housing.
Could Boston be faced with a repeat of the infamous Tregor decision, the decades-old state court ruling that upended city finances? A top city real estate lawyer thinks so, and he’s urging Boston’s mayor to take precautions.
The new owners of Boston’s One Lincoln office tower are seeking to accomplish what prior owner Fortis Property Group could not: attract tenants to fill the void left behind by the departure of State Street Corp. and downsizing by WeWork.
A new study coordinated by a major Boston law firm says the One Lincoln office tower points to a path forward for dozens of buildings facing financial distress.
Lenders postponed an auction of Boston’s One Lincoln office tower at the last minute, delaying a potential change of ownership for the 1.1 million-square-foot skyscraper.
WeWork completed negotiations with the owner of Boston’s One Lincoln tower to lease three floors in what once was its largest local coworking space.
Jonathan Landau’s Fortis Property Group made its first splash in Boston commercial real estate by buying the One Lincoln office tower in 2007. Now, it’s starting to make its mark in downtown multifamily development.
The owner of Boston’s One Lincoln St. plans a major repositioning of the 36-story office tower following the departure of State Street Corp.’s headquarters, including a new 25,000-square-foot terrace in the sky with basketball and tennis courts and outdoor dining.
Google’s workspaces in Cambridge’s Kendall Square will grow to 850,000 square feet with construction of a new 400,000-square-foot office tower and renewals for two other leases at Boston Properties’ Kendall Center development.
