Recent content by kguarnotta

Hi Shmessy - Ok I hear you, it is not too far if you are on Boylston street, and want to get to Brookline AVe, you are looking at having to go over a quarter mile out of your way. But why exactly are you going out of your way? Just so the Red Sox can make more money. A Private entity, is going...

davem I hear you and understand. There are all sorts of ways of financially analyzing this deal, looking at increased tax revenue, money spent on neighboring businesses etc. But the reality is the BRA did not do that analysis, they just came up with some number. If they really did a true...

I am not sure if I added this little tid bit about the good corporate citizens of the Red Sox organization. In the original deal, the Red Sox and BRA acknowledged that in taking over the street, they would be inconveniencing a percentage of the population that would have wanted to use that...

Hi Dave, They are making money from the street the same way the same way a store makes money off its retail space. I am not thinking we should take them to the cleaners - what I am saying is that the BRA sold something that belonged to the city, without getting a fair appraisal of the...

Hi fattony, at what point is this ever a bad deal for the Red Sox? and at what point is it a bad deal for the City of Boston? Let's try a few scenarios for the Red Sox leaving town - Leave year 1 - Red Sox pay $730,000, make $5 million Leave year 2 - Red Say pay 1.46 million, make $10...

"I suspect that the Sox might want to do some repaving of Yawkee with "Red" Pavers and to do so legally might require ownership versus lease? " I don't think this is it at all - The city still "owns" the street, but the Red Sox get to make tons of money off it. The city could have negotiated a...

I have no idea how much Ariad was worth a month ago. But shouldn't the open market get to determine the market value of the property? Or maybe someone who is qualified in appraising property values? I can't imagine that the BRA could not have negotiated the same deal as a lease as opposed to a...

Whiglander - The Red Sox may be viewed as "good corporate" citizens. That does not mean we should give them something for a fraction of its value. The Red Sox were recently valued at 1.3 billion. They make $5 million dollars a year off this street. In ten years they will have made at least...

I'll try to address your questions - Matthew - The Red Sox are buying the rights to the street whenever they hold an event at Fenway Park, so the rest of the time the city still owns it, and needs to maintain it. Davem - The days the Red Sox can take over the street is only limited to days...

This whole land sale is a joke on the citizens of the city. The city never had the land properly appraised, nor did they ask for any neighborhood input. The previous 10 year agreeement paid the city about $186K /year and the Red sox made about $5 million a year. This new deal pays the city a...