Allston Gordon building: Alpha Management takes over as stores remain cautious

The Gordon Building in Allston has been sold to Alpha Management Corp., leading to significant rent increases and eviction notices for many long-term tenants, including small businesses and nonprofits. Landlords plan to explore redevelopment options, citing minimal recent building upgrades, while tenants express concern over losing local character and affordability. Some tenants are negotiating extensions, but others are already shutting down due to the mounting financial pressures.

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