Foreclosure hits Boston landmark Hancock Tower

The famous blue reflective glass of Boston's landmark John Hancock Tower is one of those comforting sites for Bostonians. Unfortunately its come under hard times with the rest of the country and will be auctioned off next month after owner, Broadway Partners, defaulted on debt payments.

The foreclosure process started Friday with the hiring of SL Green Realty Corp., a New York firm, to get on with the dirty business of arranging an auction for March 31. Of course the 60-story building could always stay with its owner if a deal can be worked out before then.