Measuring Real Estate Returns When the City Acts as an Investor: Boston and Faneuil Hall Marketplace
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Economics, Economic Development and Real Estate
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The financial payback to the City of Boston from the development of Faneuil Hall Marketplace provides a starting point for analyzing the benefits of public-private downtown project development deals.
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1989-10-01
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Reprinted with permission from Real Estate Issues, Volume 14, Issue 2, Fall/Winter 1989, pages 7-15, published by The Counselors of Real Estate. CRE is a nonprofit professional organization for leading real estate advisors around the world. Visit www.cre.org for more information. NOTE: At the time of publication, author Lynne B. Sagalyn was affiliated with the Massachusetts Institute of Technology. Currently February 2007, she is a faculty member in the Wharton School of Business and the School of Design at the University of Pennsylvania.