"Boston Flower Exchange receives $35 million bid" by Dan Adams | Globe Correspondent September 14, 2014
The century-old wholesale supplier could fall to the wave of gentrification coursing through the neighborhood. A mysterious bidder has offered $35 million for the private company’s five-acre property, leaving vendors who have hawked flowers from inside the Albany Street warehouse for decades worried about being uprooted.
“We are now at a crossroads,” the Flower Exchange’s board of directors said in a letter to its shareholders disclosing the purchase offer. “The Exchange continues to be an important and historical part of the flower business in New England. It is currently a profitable business . . . . However, we observe that Albany Street is undergoing a real estate boom.”
The exchange is a vestige of an earlier era in Boston commerce....
I love history, wasted money on a degree for God's sake, but we are in the frikkin' here and now.
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