Seaport Square (Formerly McCourt Seaport Parcels)

[Meadowhawk]

[quote=itchy;139760]What's the weird sparkly/constellation-looking rectangle shooting up from behind the, ahem, "Innovation Center"?

I'll bet it's an LED sign to add a little excitement and glitz. If it is, then I think the placement of it is rather odd.

[HenryAlan]

Originally Posted by itchy

What's the weird sparkly/constellation-looking rectangle shooting up from behind the, ahem, "Innovation Center"?

1) A placeholder for the South Station Tower or another project?

2) Some atrocious new design for (1)?

3) A black hole about to swallow the Innovatory District?

It's a monolith, pointing the way to better architecture. These things did wonders for our Cro-Magnon ancestors!

[BostonObserver]

Why is archboston getting so worked up over a temporary building?

[TheRifleman]

Originally Posted by TheRifleman

500 Million to 700 Million liquid. Mr. McCourt is the either the luckiest guy on the planet or he actually is very bright.

Just look what is going on with the Dodgers right now.

Dodgers owner’s $2B score means Red Sox worth more, analyst says
By Jerry Kronenberg
Thursday, March 29, 2012 - Updated 7 hours ago


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The Los Angeles Dodgers’ $2 billion price tag boosts the Boston Red Sox [team stats] organization’s value to $2.5 billion — trailing only the New York Yankees as the sports world’s priciest franchise, a top expert says.

“I’m not saying I think the Dodgers are really worth $2 billion, but if they are, the Red Sox are worth more than that,” sports business expert Mark Ganis told the Herald.

A group led by multimillionaire Stan Kasten and ex-Los Angeles Lakers star Earvin “Magic” Johnson agreed late Tuesday to pay $2 billion for the Dodgers.

Dodgers owner Frank McCourt, a former Hub businessman who drove the team into bankruptcy, had bought the franchise in 2004 for $430 million.

The parking lot magnate may actually collect around $1 billion from the sale after paying off all the Dodgers’ creditors and his ex-wife, Jamie McCourt.

Ganis estimates the Dodgers’ price tag makes Fenway Sports Group — which includes the Sox, Fenway Park [map], the Liverpool soccer team, a large stake in New England Sports Network and other assets — worth $2.5 billion.

But all that still trails the Yankees organization, which Ganis values at $3.5 billion.

-— jkronenberg@bostonherald.com
(0) Comments | Post / Read Comments

http://www.bostonherald.com/business...&position=also


Could be the first case in bankruptcy history that somebody who files almost a billion dollars in debt becomes worth more than he could ever imagine. Welcome to the Billionaires club Mr. McCourt or pretty dam close.

[whighlander]

Originally Posted by TheRifleman

http://www.bostonherald.com/business...&position=also


Could be the first case in bankruptcy history that somebody who files almost a billion dollars in debt becomes worth more than he could ever imagine. Welcome to the Billionaires club Mr. McCourt or pretty dam close.

Riff -- wasn't there something about a former Mrs McCourt and some court proceedings?

[TheRifleman]

Originally Posted by whighlander

Riff -- wasn't there something about a former Mrs McCourt and some court proceedings?

I was just reading the sports end to McCourt Situation. Never read into his personal life. Not sure about the wife situation.

[whighlander]

Originally Posted by TheRifleman

I was just reading the sports end to McCourt Situation. Never read into his personal life. Not sure about the wife situation.

Riff -- I thought that "she" was the reason that the sale didn't happen earlier

[TheRifleman]

Originally Posted by whighlander

Riff -- I thought that "she" was the reason that the sale didn't happen earlier

I remember reading that the Baseball Commissioner stepped in because of the amount of Loans McCourt was taking out on the team. Which for his defense he has done some construction work to maintain the stadium. The only question is can you justify 400 or 500 Million dollars worth a work.
Then I remember he was getting divorced I just think the Commissioner had enough of this guy.

In the end this guy made out like a bandit.

[whighlander]

Originally Posted by TheRifleman

I remember reading that the Baseball Commissioner stepped in because of the amount of Loans McCourt was taking out on the team. Which for his defense he has done some construction work to maintain the stadium. The only question is can you justify 400 or 500 Million dollars worth a work.
Then I remember he was getting divorced I just think the Commissioner had enough of this guy.

In the end this guy made out like a bandit.

Riff -- Making out like a bandit -- does that mean we've seen the birth of another Kennedy-like dynasty?

[KentXie]

His wife is a POS though.

[TheRifleman]

Originally Posted by whighlander

Riff -- Making out like a bandit -- does that mean we've seen the birth of another Kennedy-like dynasty?

McCourt Dynasty vs Kennedy Dynasty. No comparison.

Between the blackhole cost of the taxpayers money and killing their personal dates, I would rather hang out with the Parking Lot King McCourts than the Royal Family of a America......The Kennedy's.


I was down at the Seaport District last night. Completely DEAD.
The bartenders claim that it has been very busy and it was just a very cold night. I was really shocked that Thursday night would be that DEAD in the area.

[AmericanFolkLegend]

I was down at the Seaport District last night. Completely DEAD.
The bartenders claim that it has been very busy and it was just a very cold night. I was really shocked that Thursday night would be that DEAD in the area.

That surprises me. I've been down there a couple Thursdays when it was jumping. I wonder how dependent the restaurants are on a big convention being in town?

[JohnAKeith]

From Boston Business Journal:

In announcing plans for a 12,000-square-foot Boston Public Innovation Center in Boston’s Seaport District last week, Mayor Thomas M. Menino failed to mention John Hynes or his company, Boston Global Investors, the company putting up the cash to build the one-story building that the mayor said will be a launching pad for startups ...

... Hynes, who was traveling on the day the mayor delivered the speech, said he could not attend the event, but heard he and his firm were not mentioned. “It seemed like an oversight, but I don’t feel slighted,” Hynes said. “The focus was on the operation. David Hacin wasn’t mentioned either, he’s the architect and Moriarty’s the builder, and he wasn’t mentioned.”

This is the kicker:

In an interview with the Business Journal last night before an event to celebrate WriteBoston’s 10th anniversary, Menino initially said Hynes’ company is not building the center and insisted the price tag is closer to $5 million. “We bought the land from him, didn’t we?” Menino said. “I don’t know what his connection with it is, honest to God I don’t.”

[JohnAKeith]

And, regarding the McCourts, it appears Mrs. M got some terrible advice from her attorney when she agreed to accept $131 million in her divorce from Mr. M.

From the Wall Street Journal:

Did superstar lawyer David Boies negotiate the baseball world's worst trade?

Consider the following: Last fall, Mr. Boies reached a divorce settlement on behalf of real-estate magnate Frank McCourt's wife, Jamie, in which she walked away with a guaranteed $131 million.

In exchange, Ms. McCourt agreed to relinquish her interest in the Los Angeles Dodgers baseball team, which the couple had owned since 2004.

On Wednesday, Mr. McCourt reached an agreement to sell the Dodgers for a whopping $2.15 billion—a figure that makes Jamie McCourt's payout seem relatively puny ...

[whighlander]

Originally Posted by JohnAKeith

And, regarding the McCourts, it appears Mrs. M got some terrible advice from her attorney when she agreed to accept $131 million in her divorce from Mr. M.

From the Wall Street Journal:

Ah -- but in the America of 2012 -- she can find a good attorney and sue her previous attorney for malpractice

[quinninin]

Today 4-5-2012

[Boston02124]

^good to see!

[briv]

Is this to be the one-story Strip Mall of Innovashun?

[quinninin]

Originally Posted by briv

Is this to be the one-story Strip Mall of Innovashun?

yup, cant you just feel the groundswell of excitement

[Arborway]

Originally Posted by quinninin

yup, cant you just feel the groundswell of excitement

That's just the speedbump.