Mr. Sunshine, Scott Van Voorhis, rains down on the NorthPoint condo development.
The stalled NorthPoint project, which is already reeling from a nasty legal battle between its partners, now faces another serious blow that could lead to delays in the opening of condo high-rises.
Contractors who had been working on the multibillion-dollar “city within a city”have taken out liens on the Cambridge development, saying they are owed more than $1.5 million for work they were never paid for.
The liens could prevent Boston and Maine Corp., a NorthPoint landowner and lead developer, from pushing ahead with plans to open the project’s first two condo buildings, lawyers for the contractors say.
It is true, as the lead-developer says, that liens can often be lifted or modified so that they don’t delay closings. This happened with us, at Court Square Press (but that’s another story).
Still, it’s a headache no one would want to endure.
Ahhh!
Buyer beware?
Northpoint’s legal woes: Liens could cut into condo sales – By Scott Van Voorhis, The Boston Herald
Back to Boston condos for sale homepage
Contact me to find out more about Boston condos for sale or to set up an appointment call/text 617-595-3712.
SEARCH FOR CONDOS FOR SALE AND RENTALS
For more information please contact one of our on-call agents at 617-595-3712.