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U.S. markets recover from steep losses
BOSTON, Dec. 29 (UPI) -- A New York real estate firm has bought Boston's iconic John Hancock tower for about $1.3 billion.
The purchase of the 60-story, 790-foot, sleek blue glass building by Broadway Real Estate Partners from Boston's Beacon Capital Partner was part of a $3.3 billion deal that also included nine other properties across the country, The Boston Globe reported Friday.
The properties include the Citigroup Center in Los Angeles, the Bank One Tower in Denver and 2445 M Street in Washington, D.C.
The Hancock tower was designed by famed architect I.M. Pei and completed in 1976.
It is the 43rd tallest building in the United States and the 112th tallest building in the world.
Beacon Capital bought Boston's Hancock complex for about $910 million in 2003, the Globe said.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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MELBOURNE, Fla., May 23 (UPI) --
Northrop Grumman says its Military Airworthiness Certification is closer for its re-engined EC-8 Joint Surveillance Target Attack Radar System aircraft.
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What if Europe turned out to be the new Japan?
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