"A massage chair that can take you to zero G on your lunch break. Dyson hairdryers in the locker rooms and a tenants-only whiskey bar. A rooftop basketball and pickleball court in the middle of downtown Boston. These are just some of the $100 million in amenities that building owner DivcoWest has installed at the 1.1 million-square-foot One Lincoln St. tower since acquiring it for $400 million at foreclosure auction this spring."
""The vision I had was, in every configuration of the future of work, there was a place that we were excited to come in every day, that we were proud of," Toomey said. "I couldn't tell you precisely when the world would return to more in-office, but what I knew was every picture of the future had something like this in it.""
"At the time, it was hard to know what the future of office would look like, said John M. Toomey Jr., HarbourVest's CEO. HarbourVest has had its employees coming in three days a week, but starting in January will shift to giving employees 18 remote days a quarter. The company has nearly $147 billion in assets under management."
DivcoWest purchased One Lincoln St. tower for $400 million at a foreclosure auction and has installed about $100 million in high-end amenities to attract tenants. The 1.1 million-square-foot Financial District tower has roughly 730,000 square feet of vacant office space. One Lincoln previously served as State Street Corp.'s headquarters until State Street moved before the COVID-19 pandemic. In 2022 HarbourVest signed a 15-year lease for the tower's top 11 floors while Fortis secured a $1 billion refinancing. HarbourVest plans to offer employees 18 remote days per quarter beginning in January.
Read at Boston.com
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