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Thursday, nov 7
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Real Estate Development
Business
'Bittersweet': Popular Quincy Diner To Close This Summer After Legal Battle
A popular Quincy diner that has been a South Shore staple for years announced this week that it will close this summer rather than continue to fight with its new landlords. The Wheelhouse Diner posted a lengthy message on its Facebook page on Wednesday, May 15, explaining that the 453 Hancock Street restaurant would close on June 30. Owner LeeAnn Vieira McDonough called the decision to close "bittersweet," but said she plans to go "out with a bang." I love the Wheelhouse. My children grew up here and now work with me. I have watched other people’s children grow up here. I have …
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Neiman Marcus Sues Boston Mall Owners For $50 Million Over Contract Breach
Neiman Marcus said it lost millions of dollars after it agreed to shrink the size of its store to allow for the construction of a skyscraper in Boston's Back Bay neighborhood. Those plans fell through, and now the retailer is suing the developer for $50 million to recoup the money Neiman Marcus says it lost because of the project. Neiman Marcus filed a lawsuit on Tuesday, July 19, in Suffolk Superior Court against Simon Property Group, the owners of Copley Place mall. Simon Property had planned to build a 52-story residential high-rise above the retail store at 5 Copley Pl…