City Council Candidate Forum

Mark your calendars! There will be a Candidate's Forum for the candidates running in the special election to fill our District City Council seat (District 2)

It will be held on Thursday, 3/22, 6pm at the Quincy School.

Motion Picture to Impact Parking!

Columbia Pictures will be filming an Untitled Blackjack Picture in the Leather District @ the South Street Diner on Thursday, March 1. That's the good, exciting news. The bad news? No parking signs will be posted at some of the meters on South and Kneeland streets between the hours of 3 pm on Thurs. (3/1) and 2 am Friday (3/2). Be on the lookout so you don't end up getting towed!

LDNA FEB Meeting

LDNA MONTHLY MEETING – WED 2/21 @ 7 PM
Where: @ offices of Iron Mountain located at 745 Atlantic Ave., 7th Floor, Boston, MA [Enter the building at the corner of Atlantic and Beach, sign in with the security guard and proceed to the 7th floor lunch room].

AGENDA

** Representative from Boston Inspectional Services Dept.!!!
What is ISD in charge of? Almost everything you want enforced or want to complain about!!!

“The Inspectional Services Department (ISD) is comprised of five regulatory divisions whose aim is to protect and improve the quality of life for all Boston residents by effectively administering and enforcing building, housing, health, sanitation and safety regulations mandated by City and State governments.”
This includes things like zoning, rubbish on properties, late night/early morning construction etc etc.

** Boston Deli Deluxe – Application for Beer and Wine License VOTE

It is really important that we have a big turnout for this meeting in order to send a message to ISD that it has to think of us when it deals with enforcement issues. See you there! -- Chris Betke, LDNA Chair

FYI

GlobeSt.com Commercial Real Estate News and Property Resource

Last updated: February 7, 2007 10:39am
Leather District Office Sells for $13M
By Beverly Ford

BOSTON-Less than three years after acquiring an 86,000-sf Leather District office building, joint venture owners Praedium Group LLC and Essex River Ventures have sold the property to an affiliate of locally based Morris & Morse Co. Inc. The new owners paid $12.9 million for the property.
Gary Lemire, with CB Richard Ellis/New England, tells GlobeSt.com that the 186 Lincoln St. building attracted strong interest from institutional and private investors eager to cash in on its prime location near South Station. Lemire repped the sellers with colleague Chris Cuddy.
“There was a lot of interest from buyers who recognized the opportunity to achieve higher rents in the class B office market,” Lemire says of the property, which is about 95% leased.
New York City-based Praedium and Essex River Ventures, of Andover, acquired the property in June 2004 for $19.6 million, or $154 per sf, as part of a two-property deal that also included 225 Friend St. in Boston. The nine-story Lincoln Street asset, which was valued at $10.9 million in 2004, was built in 1904 and fully renovated in 1986.
CBRE also procured the buyer in the transaction.

Copyright © 2007 ALM Properties, Inc. All rights reserved.