One of the best-known businesses on the Internet is moving into a signature tower in the Financial District in a potential breakthrough deal for a commercial area that has been stagnant, as Boston’s legal and investment firms shrink or relocate.
PayPal, the online payment division of Internet auction pioneer eBay Inc., has signed a seven-year lease to occupy 65,000 square feet on two floors in One International Place, one of the tallest buildings in the Boston skyline. The arrival of the Web economy giant could mark a transition for the district if its property owners look for new tenants from the growing technology sector.
Comments
So does this mean we now have to pay sales tax on eBay purchases?
Big error there. Those per square foot rents are per YEAR, not per month. If they were per month that would be preposterous.