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Plans for 47-story tower at Copley Place on hold?

By adamg on Fri, 11/02/2012 - 9:51am

John Ford writes the developer is sending out mixed signals about the skyline-changing project.

Neighborhoods: 
Back Bay
Topics: 
Business
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Development
Copley Square
Copley Place


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Comments

By anon on Fri, 11/02/2012 - 10:02am.

They probably want the same deal Rosenthal got for air right's financing and are questioning why they don't have it.

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By Stevil on Fri, 11/02/2012 - 10:19am.

Other than some infrastructure build-out - what financing did Rosenthal get?

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By anon on Fri, 11/02/2012 - 10:35am.

Rosenthal doesn't have to eat the cost of building a deck or other structure over and adjacent to the pike. The cost is financed through a long term tax credit for those parts project. The savings in taxes offsets the costs of borrowing the money to build the additional infrastructure.

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By Stevil on Fri, 11/02/2012 - 11:33am.

Incredible how many different programs this project seems to qualify for -

http://www.boston.com/realestate/news/articles/200...

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