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 Issue of May 21, 2007 
   

Down Payment Process Eased for Developer of Skyscraper

Trans National Properties, which plans to develop the Winthrop Square Garage in Boston’s Financial District into an 80-story skyscraper (shown above in an artist’s rendering), may not have to meet the city’s original June deadline for a down payment on the property.
By Thomas Grillo
Mayor Thomas M. Menino is backing away from a timetable that requires a developer to make a substantial down payment for a city-owned parking facility.

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