Nantasket Beachfront Condominiums, LLC v. Hull Redevelopment Authority

In 2004, plaintiff Nantasket Beachfront Condominiums, LLC (Nantasket), and defendant Hull Redevelopment Authority (authority) entered into a contract for the purchase and development of certain land in Hull. Under that “Land Disposition Agreement” (LDA), Nantasket was to purchase the land, construct seventy-two units of housing, and develop a new public park. Subsequently, the proposed project encountered robust neighborhood opposition, and this in turn led to significant delays in the anticipated closing. Eventually, the authority terminated the LDA and notified Nantasket that it was…