The Boston Globe (Boston, MA)

LAFAYETTE PLACE DEVELOPER SAYS SALE MAKES SENSE

The Boston Globe (Boston, MA) | December 5, 1987 | Copyright

If Campeau Corp. of Toronto buys Lafayette Place, as rumored, "it would be the most positive thing to happen to my project," said Marco Otieri of Mondev International, Montreal, developer of the big downtown project.

Otieri's possessiveness is understandable. The huge hotel and mall have been his baby for almost 10 years, and life has not always been easy for either Lafayette Place or its developer.

Crises that have threatened to kill the project have come and gone. Otieri has achieved a number of successes, including overcoming obstacles in building the underground…

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