Blackbird
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- Feb 2, 2014
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Saw this article on my Facebook feed.
Thought it was interesting; I'm not sure if there's anywhere in this forum that it should go.
http://www.bostonglobe.com/business...under-wraps/gROjsWZyOPlfq05pmTqFYI/story.html
Thought it was interesting; I'm not sure if there's anywhere in this forum that it should go.
http://www.bostonglobe.com/business...under-wraps/gROjsWZyOPlfq05pmTqFYI/story.html
When shareholders in the century-old cooperative put the place up for sale last spring, they got at least five offers, including several from big-name Boston developers, starting at $35 million.
By midsummer, a preliminary deal was in place, according to several watchful neighbors and losing bidders, at a price north of $40 million. That would be a huge sum for a few acres of land. But no one seemed to know who was buying.
And since then? Silence.
While a few big names privately acknowledge they lost the bidding war, they’ve no idea who won.