In 1966, when the Journal was just a 3 year old baby, I met a young Irish tennis playing plumber at the Howard Johnson restaurant in Dorchester just off the expressway. It was seven in the morning and while I don't remember who picked up the check, I do recall Mr. Tom Flatley drawing an ad on a paper napkin that I ran in the next issue. That meeting began a very nice relationship with Tom building shopping centers, hotels and office buildings all around the state of Massachusetts and me writing about them and advertising them.
Tom eventually made the Fortune 500.
Wherever you are Tom, my fondest wishes go with you, and my main regret is that while I fancied myself as a pretty fair tennis player, I never could get on the court with you because you hit the ball too hard.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.