Real Estate

Yacht Haven Gets a Premium Bid for $9.9 Million

Banker & Tradesman is reporting that Yacht Haven, the marina property near Commercial Wharf, has attracted a premium price and is under agreement for $9.9 million. The buyer is Charles Lagasse, a Newburyport developer, through a company called Boston Boat Basin, LLC which is also associated with Steve Karp’s New England Development. The price has Read More…

Event Notices

The Boston Harbor Association Holds Annual Meeting, Gives Awards and Reviews Accomplishments

The Boston Harbor Association (TBHA) held its annual meeting this week at the Fairmont Battery Wharf Hotel, a new addition to the Boston waterfront and Harborwalk. For the past 18 years, Vivien Li has been at the center of the TBHA as its Executive Director. Besides the regular business of the organization, new trustees were elected Read More…

Health & Environment

Video of Oyster Drop into Boston Harbor

The Massachusetts Oyster Project has released this video of the recent oyster drop from the North End/Waterfront area off Commercial Street by the shoreline near the Steriti Rink/tennis courts. The video explains the program’s goals to reintroduce oysters to help the ongoing renewal of Boston Harbor. From their blog: “Everyone pitched in and we had Read More…

Health & Environment

Oysters Reintroduced to Boston Harbor

Oysters were reintroduced this morning into Boston Harbor from 601 Commercial Street in the North End by the Massachusetts Oyster Project. Initially, divers placed oyster cages in the harbor and then children distributed 50,000 oysters from boats. Some oyster facts: Each oyster filters 30 gallons of water per day They once were present throughout the Read More…

Business

“Old Ironsides” Sails for 212th Birthday

Click image to view Boston Herald’s Photo Gallery. (Photo by Mark Garfinkel)SHOTS FIRED! No, that is not from a police report. It was from the 17-gun salute given by the USS Constitution today in Boston Harbor. The outing into the harbor was for Old Ironsides’ 212th birthday. The world’s oldest commissioned warship that is still Read More…

Real Estate

Yacht Haven Goes For $8 Million at Auction

Today’s auction for Yacht Haven, the bankrupt property off Commercial Wharf, brought an $8 million top bid from an unknown buyer. The identity is likely to be disclosed next week when papers are filed. The amount is less than the $10.1 million mortgage held by the bank, but probably more than the expectation from the Read More…

Real Estate

Yacht Haven Auction Set For August 14

Boston Yacht Haven, the marina property on Commercial Wharf, is set to go to auction on August 14th. The last auction date in April was postponed because of an ongoing dispute between the owner, lenders and abutters. Through the subsequent bankruptcy filing , owner Yovette Mumford lost control to Northern Bank & Trust that owns Read More…

Community Real Estate

BRA to Chiofaro’s Harbor Garage Plan, “Hold On, Fella!”

The Boston Redevelopment Authority (BRA) issued a 60-page “scoping determination” (click here to open pdf) that will significantly delay developer Chiofaro’s plans to redevelop the Harbor Garage near the Aquarium. This document comes a few days after the State’s environmental agency issued is strong opposition to the current proposal (see previous posts here). The BRA’s Read More…