If Mr Henry has a different use in mind he would have done well to engage w neighbors. I expect a use in line w what neighborhood leaders outlined in most recent BRA master planning processĪ mix of housing and commercial with a new street in the middle connecting Savin Hill to Globe site So here’s some speculation from me and some sharp observations from Bill Forry, editor of the Dorchester Reporter. On the other hand, he’s losing money-or, as Globe editor Brian McGrory put it recently in a memo announcing buyouts, “The Globe’s numbers aren’t as good as our words (or photos, videos, and graphics).”ĥ. As Sheehan wrote, the identity of the new owner of the Morrissey Boulevard property and his intentions are not being announced at this time. So it is likely that Henry will have ended up getting the Globe for free. In 2014, the Globe reported that the Morrissey Boulevard property might be worth somewhere between $50 million and $70 million. He later sold the T&G for an undisclosed amount that has been estimated at somewhere between $7 million and $19 million. In 2013 John Henry bought the Globe, the Worcester Telegram & Gazette, and the Morrissey Boulevard headquarters from the New York Times Company for a total of $70 million. The printing operations are moving to a new facility in Taunton.Ĥ. The target date for the move is January 1, but I’m guessing that will prove to be ambitious.Ģ. The Globe‘s editorial and business operations are moving downtown, into rented office space at 53 State St. I tweeted out the news a little while ago, but it’s raised more questions than answers among people who don’t follow this stuff obsessively. This is just the beginning of the process I’ll keep you updated as it proceeds. We have also entered into a confidentiality agreement with the buyer, so I can offer no details about the transaction at this time. Just wanted you to know that BGMP has entered into an agreement to sell our headquarters at 135 Morrissey Boulevard. (Thanks, source! You are a prince or princess among men or women.) Here’s Sheehan: The announcement was made in an email to the staff Friday night from Mike Sheehan, chief executive of Boston Globe Media Partners. The Boston Globe has found a buyer for its headquarters at 135 Morrissey Blvd. Update: I was so excited to get a copy of Sheehan’s announcement in my inbox that I didn’t check to see whether the Globe had the story.

Worcester telegram