Local Government and Politics, News

Developer sees ‘opportunity’ with converting downtown Lynn building into apartments

Kyra James, catering manager for Uncommon Feasts who provided food for the ribbon cutting of Woodbury Flats, is lit by the large windows in one of the newly renovated apartments. (Spenser Hasak)
LYNN — A grand opening Wednesday for a new residential development on Munroe Street marked a first for the city.  The $4 million redevelopment of 145 Munroe St. marked the city’s first investment under the federal opportunity zone program, which provides tax incentives to encourage development in low-income communities.  Alex Steinbergh, principal at RCG LLC,…

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