Word: allston
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Dates: during 1990-1999
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...assumed the Harvard post when relations with Boston were fraught with tension. Relations had gone downhill in 1997, when the University announced that it had secretly purchased 52.6 acres in Allston. Working through a Boston real estate developer, Harvard bought $88 million worth of land over nine years, concealing its real identity to prevent sellers from overcharging the wealthy University...
...going to be easier than it would have been" to discuss the 52.6 acres in Allston when Harvard decides to develop the land, Grogan said. "We have achieved better relations, better communication with the city...
Although on one hand, the agreement does not directly apply to the Allston land and makes no mention of future plans, "on the other hand it has everything to do with the 52 acres", Grogan said...
...Mellone, chair of the Allston-Brighton Task Force, contended that the process of getting approval for construction plans could be long and arduous...
...Harvard pays full commercial real estate taxes on its Allston land. Overall, the University pays $3.9 million in taxes to Cambridge and $2.2 million to Boston on commercial and some residential property...