JimboJones
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Updates to parking garage operator
I can't find the other posts about this - somewhere on our forum is a different about this ... I dunno.
So, one of the issues about the Winthrop Street Garage is that the current operator only gives the city several thousands dollars a year, even though it takes in over $2.5 million, annually (correct my figures, if necessary).
This ran on Boston.com in mid-June:
No word on the amount the new operator will be paying to the city.
This should deflect a bit of the criticism, although it still doesn't address the fact that Belkin has been able to lock up development rights, without putting up any money, disregarding the deadlines imposed in last year's RFP.
I can't find the other posts about this - somewhere on our forum is a different about this ... I dunno.
So, one of the issues about the Winthrop Street Garage is that the current operator only gives the city several thousands dollars a year, even though it takes in over $2.5 million, annually (correct my figures, if necessary).
This ran on Boston.com in mid-June:
This ran on Boston.com on 7/2 (although not in the Globe, apparently):Seven parking management companies responded to the Boston Redevelopment Authority's request for bids to operate the aging city-owned Winthrop Square parking garage, site of a proposed 85-story skyscraper by businessman Steve Belkin, owner of Trans National Properties. A BRA spokeswoman said an operator would be selected by July 1 and would share revenue with the city under a one-year contract, with options to renew for three more years while Belkin develops plans. Mayor Thomas M. Menino has said he would use the revenue to support the Boston Housing Authority, which the city says is underfunded by the federal government. The Boston Municipal Research Bureau last week called for a public process to determine how proceeds from the increased parking fees and money from the sale of the garage will be spent. (Thomas C. Palmer Jr.)
The city of Boston has selected Network Parking Co. Ltd. as the new parking facility operator for the Winthrop Square garage.
In downtown Boston, businessman Steve Belkin, owner of Trans
National Properties, is proposing to build a tall skyscraper on the site.
Last month, the Boston Redevelopment Authority, the city's planning agency, said that seven companies had bid to operate the garage.
The new lease with Network Parking will be for one year, with the
option to extend on a year-to-year basis for no more than three additional
years, but with a written 60-day cancellation clause, the city said.
Network Parking is an affiliate of Forest City Enterprises Inc., a real estate company headquartered in Cleveland, the city said.
No word on the amount the new operator will be paying to the city.
This should deflect a bit of the criticism, although it still doesn't address the fact that Belkin has been able to lock up development rights, without putting up any money, disregarding the deadlines imposed in last year's RFP.