- Joined
- May 25, 2006
- Messages
- 7,003
- Reaction score
- 1,748
Yeah, the natives used to use it as a place to catch fish
It's been there for a long time though, not sure how long.
It's been there for a long time though, not sure how long.
Nothing to See Here
Owner of Hancock Tower To Keep Observation Deck Out of Public Eye
By Thomas Grillo
Reporter
Manulife Financial Corp., one of the world?s largest life insurance companies, is forfeiting millions annually by keeping the John Hancock Tower Observatory closed.
New York City?s tallest structure, the Empire State Building, attracts more than 2 million visitors to its observation deck annually and rakes in $34 million in ticket fees. Chicago?s tallest, the Sears Tower, sees 1.3 million visitors and nets $18 million in revenues.
But Boston?s tallest building has been closed for almost seven years ? and the Greater Boston Convention & Visitor?s Bureau president says that?s just fine.
The parent company of John Hancock Financial Services said security concerns prompted the company to shut down the observation deck after the terrorist attacks in 2001.
?The terror attack made the closure more pressing as the company?s first responsibility was to the safety of its employees and the building?s tenants and guests,? Tina Acranis, a spokes-woman for Manulife?s real estate division, said in an e-mail. ?These concerns continue to warrant the return of the 60th floor to its originally intended use, that is, office space.?
Patrick Moscaritolo, president of the Greater Boston Convention & Visitors Bureau, said the city does not need the John Hancock Observatory because the Hub has another observation deck atop the Prudential Building.
?We don?t need two observatories,? he said. ?I?ve never heard anyone raise the concern that we only have one; most cities do not have multiple observation decks. We have the Pru Skywalk, and it fills the need for visitors.?
The Prudential Skywalk attracts more then 200,000 visitors annually with an average ticket price of $10, earning an estimated $2 million in revenues.
But at least one Boston City Councilor is angry that the Hancock observation deck remains shuttered.
?Every other observatory across the U.S. has been reopened with increased security, and the fact that the Hancock Tower is still closed is unfair and a mistake,? Boston City Councilor Michael Ross told Banker & Tradesman.
The Empire State Building closed briefly in the wake of 9/11, but opened within weeks. The Sears Towers closed for a short time following the terrorist attacks, but later reopened.
?The observatory was something that most Bostonians remember fondly and they?re upset that it remains closed. I couldn?t agree more. This was a very important public space that?s been lost,? Ross said.
John Hancock sold the Hancock Tower and two nearby buildings ? at 197 Clarendon St. and 200 Berkeley St. ? to Beacon Capital Partners in 2003 for $910 million. In 2006, Beacon sold the city?s tallest skyscraper and nine smaller properties in other cities to Broadway Real Estate Partners in a $3.3 billion deal.
Allan Rubenstein, director of asset management for Broadway Partners, did not return calls seeking comment.
Susan Elsbree, a spokeswoman for the Boston Redevelopment Authority, said it was her understanding there was agreement with the owners when the tower was built in the 1970s to keep the top floor open to the public. But she said staff has been unable to find any documents that could be used by the BRA?s attorneys to persuade Broadway Partners to open the observatory to the public.
?Without those documents, the attorney?s hands are tied,? she said.
In order to build this building at this location Hancock promised the city an observation deck. If they renege on their legal commitment then it's time to tear the building down.
I just got off the phone with my cousin who just moved into the Hancock he said its a "dump" inside. : o )
I just got off the phone with my cousin who just moved into the Hancock he said its a "dump" inside. : o )