The Globe reports Don Chiofaro thinks the city should help him out with his proposal to replace the Aquarium garage with a big omplex because it won't let him build it quite as big as he wants.
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Okay, Don
By Will LaTulippe
Mon, 09/07/2015 - 11:23pm
You get a tax break, and in exchange, any unit that sits vacant for more than 30 days gets used to house one homeless person until you rent it out.
Yeah, I thought not.
Any developer who has to
By maria c
Tue, 09/08/2015 - 5:30am
Any developer who has to resort to arguing and negitiating his own financing contingency is a recipe for disaster. Red flag on this project for all those title insurers.
I'm sure Don will be
By MattL
Tue, 09/08/2015 - 10:32am
I'm sure Don will be destitute unless he gets his tax break. He may have to run for city councilor just to earn enough money to make ends meet.
Chiofaro and the Homeless
By HenryAlan
Tue, 09/08/2015 - 10:33am
Don Chiofaro actually does quite a bit to help the homeless, and is a major sponsor of a large fundraiser in February that takes place on International Place plaza.
https://www.crowdrise.com/icycle2015
http://www.boston.com/yourtown/news/downtown/2012/...
Frankly, I really don't care
By not in the dark
Mon, 09/07/2015 - 11:26pm
what this bozo thinks.
If you are not happy with what the City approved; then go somewhere else. You have been fussing about what you want for too long. Build or get the heck out already.
Every inch of land in the City does not need to be a high rise - or even developed.
Or benefit from an undefined tax break
By perruptor
Tue, 09/08/2015 - 7:16am
for that matter.
So lemme get this straight
By Stevil nli
Tue, 09/08/2015 - 5:37am
Don overpaid for the garage by tens of millions of dollars. So now it's the taxpayers' responsibility to bail him out by doubling the zoning and throwing in a tax kicker.
So simple! Every real estate deal should work that way.
It's for the greater good!
By anon
Tue, 09/08/2015 - 6:45am
Just read the article yesterday in the globe- the lower middle class is being priced out of Boston. For only $30m in tax breaks, Don will be providing some housing stock affordable for... oh never mind, he just wants cash.
Marty is going to go for this right? I think his superiors in the construction unions will dictate that.
He's just asking for the same
By anon
Tue, 09/08/2015 - 7:04am
He's just asking for the same deal Liberty Mutal and John Rosenthal got.
He wants the same deal that
By anon
Tue, 09/08/2015 - 6:27pm
He wants the same deal that the BRA gave Hayward Place.
In other words
By itchy
Tue, 09/08/2015 - 7:52am
The guy bought a large piece of property believing that he could ignore the existing restrictions on waterfront development, which are in writing and well known.
Therefore, he gets $$ from the city?
Right.
Should I sue my community for a tax infusion because I can't build to the lot line? I mean, I know about the setback requirements and the have been there for decades, but no fair!
This is how it works in
By Baker-Christie 2016
Tue, 09/08/2015 - 8:38am
This is how it works in Boston, and Menino designed it that way. He made restrictions and zoning everywhere much lower than he would eventually approve, and get the developer to kick back something to him and his favorite groups, and in exchange would change the zoning and get the developer tax breaks. Almost all the seaport buildings got tax subsidies, so why wouldn't this? I don't agree with it but you cant be ok with all the others and then blast this one because Menino didn't like him.
But we can try to stop it
By KarlaV
Tue, 09/08/2015 - 9:52am
But we can try to stop it from happening again. And again. And again....
Millionaires always think
By anon
Tue, 09/08/2015 - 8:55am
Millionaires always think they are entitled to tax-payer bailouts.
You don't get a tax break unless you ask for it
By merlinmurph
Tue, 09/08/2015 - 8:51am
I've read quotes a number of times from retailers and developers - you might as well ask for a tax break because you might just get it. It would be irresponsible not to ask for one.
I think an appropriate reply to the request would be "Fat Chance".
Are there enough interested residents to buy him out?
By Boston_res
Tue, 09/08/2015 - 9:36am
I'd put a few thousand dollars into a fund. Of course that only covers the cost of a few rivets, but hey, ever bit and all.
A few thousand dollars
By Sock_Puppet
Tue, 09/08/2015 - 2:03pm
And you can park there for a month
Park...
By Boston_res
Tue, 09/08/2015 - 11:29pm
Wait...how many bicycles can I get in for that much? Sounds like to start of a world record.
what ever happened to?
By anon
Tue, 09/08/2015 - 10:57am
That cold storage auction fish warehouse project? I believe it was called the American Seafood Exchange. It seemed like such a wonderful plan and ideal for the South Boston Waterfront.
Building mixed use? Great.
By anon
Tue, 09/08/2015 - 3:46pm
Building mixed use? Great.
Building new residences in downtown Boston, where folks can live without autos? Super.
Is it true that increasing the housing stock -- even if the housing is higher end -- helps suppress housing prices and rent metro-wide? You bet.
Eliminating a parking garage? Awesome.
I only know a bit or two about the project, and in principal, I love it. Build away.
But tax breaks? Fuck off. We need to stop letting heavyweights trick us into racing to the bottom. He can pay his fair share.
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