Iconic lobster company may sell property

It only makes sense. It is a superb piece of Prime Real Estate & they could make a lot of money one way or another if it is redeveloped. They can certainly run their Lobster Business in another less valuable location that would not hinder their business, & may actually help, depending on where they were to end up
Take the money & run

Jimmy Hook should keep that prime location- I always got my lobstah there.
Lease part of it, and create the same kind of shack- Who needs a restaurant? To much overhead and headaches. They had a great thing going and a great locaion. Enjoy your family and have the same kind of business as before.

While I realize this appears to be a good offer, I'd hold onto the property and rebuild. That area currently has too much housing and with the economy being the way it is, people are moving out because of all the taxes the gov. wants to implement. Your business is a historic landmark and that area just wouldn't be the same if it wasn't there.

Are we really supposed to believe this company hadn't considered selling the property prior to the fire? Let's see, you have a fire and the insurance company pays for property damage and loss of business. Then, you still have the property itself to sell to the highest bidder, And there's no old, irrerelevant building to get in the way.

sell it, take the $ and open a little lobster roll place , renting of course at a fraction of the cost of ownership. these type of recessions have their benefits

Best of luck to the Hook company/family. These people are a class act.

how did the fire start? how much insurance did they get?

It makes sense - the amount of cash they'll walk away with for the land is probably more than 100 years worth of lobster sales.

The city is changing - every day - landmarks and institutions are disappearing.

What a shame!

Sell half of it to a delivery company. I'll pay top $$ for lobsters delivered!!!!

yes they were talking about knocking down the old building and putting in high rise apartments with the lobster business still on the ground floor, with some other restaurants, and shops and whatever, the fire just saved them the cost of demolition

Please no condo towers or hotels!!! Stop the madness!!! Boston's waterfront is for everyone, not just the top earning bracket! Build a little park, border it with some reasonable food establishments... this is no time for luxury and excess - Boston has too much of that already.