The operators of Somerville’s iconic Rosebud diner say they are negotiating to buy its building, and might have to move on to let someone else take over the space.
The healthy fast food chain discovered during 2015 renovations that the original tile walls and floor were intact from the Waldorf Lunch diner, opened in 1916.
A six-story building with 85 apartments got generally positive reviews from Planning Board members, while residents were focused on cars, parking and traffic.
Most councillors agreed action is needed to tame some reactions to recent zoning changes, which is leading to a rash of demolitions by eager developers.
There are limits as well as benefits to moving to events from walk-in dining – a threat of oversupply if more restaurants go this route, and a risk for newcomers.
The federal gift tax system works somewhat like a lifetime ledger. In many cases, give a large gift and you need to report it – not write a check to the IRS.
Eight potential owners toured a $40 million package of buildings that house the Somerville Theatre and Arlington Capitol Theatre within the first few days of a listing.
A project in Somerville survived a series of challenges over the years that included federal policy shifts that threatened financing, tariffs and rising construction costs.