New York Developer Fences off Street, But Remains Mum on 40 Warren Project

Fences have gone up on Warren Street around the parking garage-slash-office building that has stood for several decades as a reminder of urban renewal efforts in City Square.

Those fences come from New York developer DLJ Real Estate Capital, who purchased the property from Nova Partners earlier this year. Nova had held the property since 2004, and last year had it approved for redevelopment. That project, which includes adding a third floor to the property and adding retail on the front of the first floor, will likely be taken up by DLJ Real Estate Capital.

However, who would know?

DLJ partner Tony Banta has refused to speak to the Patriot-Bridge on two occasions this week, noting he was too busy to speak to the community paper.

When the City approved the sale of the property last spring, Banta also didn’t return calls to the Patriot-Bridge.

However, an abutter’s meeting has been scheduled at the Charlestown Library for this Thursday, Dec. 13, at 6 p.m. The agenda for that meeting indicates they will talk about how they will “change occupancy/renovate of existing second floor parking garage to create new office space in conjunction with adjacent connected office buildings.”

Fences on the tight-quartered Warren Street have reduced the travel lane to about the width of one car, and without much notice to the community from Banta and DLJ Realty.

The New York company recently set up a Boston office, headed by Banta, to expand its holdings in the Hub. The company has been buying properties in the Downtown Crossing area, and now seems to be expanding its reach to Charlestown.

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