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Lien put on Natick Collection Condos
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Dimeo Construction is still trying to collect more than $12 million owed by General Growth for construction of the Nouvelle at Natick condos connected to the "Natick Collection" mall.

Apparently, only 18 of the 215 luxury condos have been sold. From the Boston Herald article, by Thomas Grillo:

General Growth, which also owns the adjacent Natick Collection and 165 malls nationwide, filed the nation??s biggest real estate bankruptcy in April. While the Natick mall is not included in the bankruptcy filing, the two-tower condo development is. The company sought court protection last month after piling up $27 billion in debt during an acquisition spree that included the operations lease for Faneuil Hall Marketplace in Boston.

General Growth hired Providence, R.I.-based Dimeo for the Natick mall expansion and condo complex. The $370 million mall addition opened in September 2007, and the $170 million condo project was finished last fall.

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