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Lingering in the background of these developments were Harvard’s efforts to purchase the Bennett Street Yards, a prime stretch of riverfront property owned by the Massachusetts Transit Authority. The negotiations stretched from 1955 to 1966 and pitted the University against Cambridge City Council officials—particularly Alfred “Big Al” E. Velucci—who were opposed to the idea of a tax-exempt organization such as Harvard taking over an even larger share of lucrative Cambridge real estate...

Author: By James K. Mcauley, CRIMSON STAFF WRITER | Title: College Housing Debates | 5/27/2010 | See Source »

...could be sold for redevelopment, he took the compensation payment and bought an apartment on Shanghai's outskirts. Eight years later, after cleverly parlaying that first asset, the cabbie owns three apartments in the city and has his eyes on something bigger: a lovely five-bedroom, riverfront suburban house, owned but never occupied by a coal magnate from Shanxi province. "How much does he want for it?" he asked a local real estate agent in late February. When told the answer was $735,000, Yang didn't blink. "I'd like to make an offer." (Read "Bubble Trouble: Why Real...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

...City of Ruins On my trip to Detroit, I took a long drive around my hometown. Downtown, I visited a lovely new esplanade along the riverfront, two state-of-the-sport stadiums and a classic old hotel restored to modern luxury. In leafy Grosse Pointe, I saw handsome houses anyone would want to live in (and, thanks to the crash of the auto business, available at prices most Americans haven't seen in decades). At the General Motors Technical Center, in the industrial suburb Warren, the parking lots were mostly empty - an awful lot of engineers have been thrown...

Author: /time Magazine | Title: Detroit: The Death — and Possible Life — of a Great City | 9/24/2009 | See Source »

Kairos Shen, the popular chief planner for the Boston Redevelopment Authority, came to Allston last night intending to discuss long-term riverfront property development along Soldier’s Field Road. But at the community wide planning meeting, Shen quickly found his agenda derailed by a smattering of area residents. Aggressively, and at times angrily, they steered the discussion to what they denounced as the City planning agency’s botched handling of the Charlesview Apartments relocation—the “largest and most dynamic” change to the neighborhood in many years...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Allston Residents Refocus Agenda | 9/16/2009 | See Source »

...younger generations leave longhouses for logging jobs or work in the cities, growing accustomed to the comforts of an industrialized world - you'll see a thousand gray Astro satellite dishes around Belaga before marking a wild hornbill along the turbid Rajang. I sip limeades with Calvin at a riverfront café on my last night in town. He points to a weathered chieftain's tomb on the opposite bank, a wooden blur amid ferns and rubber and durian trees. The family hasn't maintained it for years, and restoration is unlikely. It's getting darker as the sun dips below...

Author: /time Magazine | Title: Ebb and Flow in Borneo | 7/15/2009 | See Source »

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