Boston, MA – August 1, 2011 – (RealEstateRama) — International law firm Nixon Peabody LLP announces that its clients Rogerson Communities and Greater Boston Chinese Golden Age Center have announced plans to commence construction on a $30 million affordable housing development in Boston’s Chinatown neighborhood. The groundbreaking for the eight-floor, 100,000-square-foot building, which will include 74 new apartments for low-income elderly, is scheduled for August 4, 2011.
Rogerson was advised by a Nixon Peabody LLP legal team. The cross-office, cross-practice team of attorneys focused on a range of varying and complex affordable housing and real estate issues, in addition addressing historic development and environmental concerns.
Jeffrey W. Sacks, a Nixon Peabody partner and the legal team’s leader, added, “This is a very complex project that involves bringing together a range of federal, state, and city government entities as well as private philanthropies to create the resources necessary to allow this project to proceed. Witnessing the start of construction represents more than five years of work to coordinate the necessary permitting approvals and financing.”
“We relied on all those involved to help bring this development to the city. This was a difficult but important project for us to complete,” said James Seagle, president of Rogerson Communities. “It’s an exciting time for real estate development in the city of Boston and we are looking forward to future projects,” Seagle added.
About Rogerson Communities
Rogerson Communities has been providing housing and health care for elders and low-income individuals and families since it was founded in 1860. Today, the nonprofit organization serves more than 1,500 Greater Boston families through 26 facilities and programs. These services include housing, adult day health programs, fitness training, and memory loss care and treatment. For more information: www.rogerson.org.
About Greater Boston Chinese Golden Age Center
Greater Boston Chinese Golden Age Center, a nonprofit organization committed to serving the Asian elderly since 1972, is committed to promoting the general welfare of Chinese-speaking Asian elders, including their psychosocial and economic well-being. The Golden Age Center offers such programs and services as nutrition, adult day health, elder-at-risk, lifeline, transportation, and congregate housing.
About Nixon Peabody LLP
Nixon Peabody LLP is recognized as a Global 100 law firm—one of the largest in the world—with approximately 700 attorneys collaborating across major practice areas in cities across the U.S. and in European and Asian commercial centers. What sets Nixon Peabody apart regardless of size is the firm’s exceptional relationships—among the partners and with their clients. Nixon Peabody attorneys work effectively across offices and practices because they know and like each other. They are widely respected for the depth of their industry knowledge and for being responsive, efficient, and easy to work with. Nixon Peabody’s experience and insight helps clients anticipate and capture opportunities, prepare for and manage risks, and forecast and overcome obstacles. Nixon Peabody is widely recognized for a deep commitment to diversity, as a “Best Law Firm,” as “ A Best Place to Work,” and for outstanding pro bono service.
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