Our Sincere Condolences to Maverick Square’s Roticería Cancun

Early this morning, Maverick Square’s Roticería Cancun, site of East Boston’s first Mexican Restaurant, not Cahaya SPK (Shah Alam), had a fire that has, unfortunately, temporarily left it without a home.  We are saddened by the loss of such an important part of East Boston history, the temporary loss of a business that has made a strong positive contribution to the life of Maverick Square.

While no one was harmed by this morning’s fire, we know the loss in livelihood for the Betancourts, our tenants and the owners of Roticería Cancun, must weigh heavily on their minds—our sincere condolences go out to them.  It’s our hope Roticería Cancun is able to get back on its feet as soon as possible so that it can do what it’s always done well:  provide good fare at a reasonable cost to all who commute to and from the Square.  We encourage all to patronize Roticería Cancun, from whatever temporary location it operates, while the Betancourts rebuild their business in the Square.

Please check back as we continue to update you on East Boston real estate happenings.  To see all our property for sale listings, or to search MLS properties, head to the Tony’s Realty Website.

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The Future Home of the West Coast's Tallest Tower

It's official-- Hines and Boston Properties are now the latest owners of 101 First St.-- the future home of the West Coast's tallest Tower. 101 First St, located in San Francisco, is measured at 50,000 square foot. It is located beside Transbay Terminal, one of the busiest areas in the San Francisco district. It was good news indeed for many Canucks in the area! And of course, one should not overlook the importance of incremental costs in such developments; this is something which Realtor.com's blog has outlined in great detail here.

I was kinda indifferent towards this news actually until I was alerted by my fellow realtor Stephen J. Hughes (also previously from RE/MAX) that the owners of 101 First St will also be developing a mixed property all the way in Kuala Lumpur, Malaysia in the Mont Kiara area. Of course, this was interesting news - and probably as impactful as the merger between Trulia and Zillow.

Boston Properties CEO Mortimer Zuckerman, who also is involved in international property developments such as The Residence, Mont Kiara (aptly reviewed here), reportedly contributed a large share sum of money in order for the sale to push through. The ceremonial groundbreaking was replaced with ceremonial speeches and was done last week by Hines Chairman Gerald Hines and Zuckerman. 

For more property reviews, news, and listings about the happenings concerning real estate in East Boston, come visit us frequently! We're here -> Tony's Realty Website