Word: digiovanni
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...retail and office behemoth, home to The Limited and British record store chain HMV, sent its developer, Ivanhoe Ltd. Partnership, into bankruptcy. One Brattle Square was sold in foreclosure auction this summer for $30 million to Sumitomo Trust, the Japanese bank that financed the building, according to John P. DiGiovanni, vice president of Trinity Property Management...
...retail and office behemoth, home to The Limited and British record store chain HMV, sent its developer, Ivanhoe Ltd. Partnership, into bankruptcy. One Brattle Square was sold in foreclosure auction this summer for $30 million to Sumitomo Trust, the Japanese bank that financed the building, according to John P. DiGiovanni, vice president of Trinity Property Management...
...retail spots on the first floor remain glaringly empty, and DiGiovanni believes it may be more than a decade before the project ever shows a profit. DiGiovanni did add, though, that Sumitomo has the staying power necessary to wait out the bad times...
...DiGiovanni says that moving the homeless from the Square solves few problems, because they congregate in other business neighborhoods...
...Loitering affects business," says DiGiovanni, who has offered homeless people employment in the past. "Unfortunately it is a problem, a large, large...