Some developers of new mixed-use projects are cautious when it comes to the Boston office market market.
A Boston Herald report notes:
A New York developer who filed plans for a 28-story apartment and retail tower on Washington Street four years ago — in the teeth of the Great Recession — is not yet sold on the shopping district’s recovery.
“We wouldn’t consider doing anything until that hole across the street is filled,” said John Usdan, president of Midwood Management, referring to the partially demolished Filene’s block.
To read the Herald’s full coverage, click through to their piece, Developer not sold on downtown