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Archive for November, 2006


This is so totally wrong: person about to get fleeced by builder and mtg. broker

Notice that nowhere in this story is a real estate agent mentioned. Fortunately.
Question: “I have been offered a tremendous deal — a house that appraises at $364,000 that I can buy for $294,000, with 100 percent financing, and the builder will pay all my closing costs … I can afford the payment for only [...]



Parcel 7 goes out for bid - Rosenthal to buy?

Parcel 7 is a space above the Mass Pike that is being sold by the Turnpike Authority for development.
John Rosenthal, local developer and anti-gun activist, had been promoted by the city as the best person to buy it and develop it, into a mixture of office and residential space.
The Turnpike Authority has instead decided to [...]



North End residents ruin it for the rest of us

There’s a plot of land at the corner of Commercial Street and “Joe Tecce Way” (?) that seems ripe for development.
On the site is a tennis court, rarely used (is it gone, in fact?), a three-story building (most recently occupied by Roche Bobois), and a couple parking lots.

The perfect site for a residential building, wouldn’t [...]



How much time does this guy devote to choosing which brand of cereal to buy?????

From the Globe:
If home shoppers are frustrated by the lack of bargains in the real estate market, they might want to follow John Pesa’s lead.
Pesa was a bulldog of a buyer. When sellers would laugh at his outrageously low offers, he would counter with a lower figure. He would dig up information on comparable, but [...]



Parking in Boston - um, about that …

One of the “most emailed” stories on Boston.com today?
The $250,000 parking space, of course!
As parking spaces go, it’s nice enough. While it’s outdoors, the smooth brick paving is immaculate.
But is it worth $250,000?
That’s what an anonymous buyer paid in April for a prized spot tucked in the alley behind 31-33 Commonwealth Avenue in the Back [...]



New residential housing planned for Seaport parcels

Frank McCourt, previously the owner of large parcels of land down in the Seaport, has sold off most of his land, the bulk of it to News Corp., as part of a deal he made when he acquired the Los Angeles Dodgers (that was a mouthful).
Last week, he sold off the remainder (except for one [...]




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