Today in Globe Business
Lower heights, rising frustration
Boston officials yesterday unveiled new height guidelines for the city skyline along the Rose Fitzgerald Kennedy Greenway that would allow only modest-size buildings closer to the waterfront and a few skyscrapers at inland locations where they would not overshadow public parks or Boston Harbor.
The proposed rules establish a framework for future development that would occur along the Greenway. City officials identified 19 properties in the corridor from South to North stations that could be redeveloped, adding in total 5 million square feet of new stores, offices, hotels and residences. In some cases, the new rules would allow for taller buildings than current zoning permits.
Mayor Thomas M. Menino said the height restrictions on these particular properties are intended to prevent shadows and strong winds thrown off by tall buildings from making the Greenway a cold, uncomfortable place. Tall buildings would also create a wall that would block pedestrian access and views to the city’s waterfront, Menino argued.
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CUTTYHUNK — The residents here are accustomed to isolation. The tiny, windswept island, located 14 miles off the Massachusetts coast, has fewer than 30 full-time residents. The school has four students. Most of the year, the mail is delivered just twice a week.
Yet for four years, due to the islanders’ resourcefulness, they basked in Internet connectivity at speeds so high they would make most city dwellers jealous.
Then last October, Comcast Corp. pulled the plug.
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EMC paid new recruit $11.7 million in 2009
EMC Corp. executives felt they pulled off a coup last year when they recruited top Intel Corp. executive Patrick P. Gelsinger to be the Hopkinton tech company’s chief operating officer.
But it came at a price. Gelsinger received $8.2 million in stock awards, $2.7 million in options, and a $325,000 recruitment bonus last year, in addition to moving expenses and other benefits. Over four months in 2009, his total compensation was $11.7 million, of which $182,000 was salary, making him the highest paid employee at EMC last year.
Meanwhile, his new boss, chief executive Joseph M. Tucci, had little reason to complain. Tucci’s total compensation for 2009 increased by nearly half, to $9 million, in a year in which EMC’s sales and profits fell.
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BOSTON CAPITAL: Spotlight on Partners chief
Welcome to the public spotlight, Dr. Gottlieb.
Gary Gottlieb is less than three months into his new job as the most important executive at Boston’s most powerful hospital organization. The chief executive of Partners HealthCare Inc. will make his biggest public appearance in that role to date when he testifies and answers questions under oath today at state hearings on the soaring cost of health care. Enjoy.
Gottlieb has ideas about how to slow the escalation of medical costs. But no doubt he will also face questions about what role Partners and its most famous hospitals — Massachusetts General and Brigham and Women’s — play in the state’s health care cost spiral.
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