Word: allston
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Dates: during 2000-2009
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...trading or speculative purposes,” but were rather used to convert variable-rate borrowings to a fixed rate. The Forbes and Bloomberg stories stated that the interest rate swaps dated back to former University President Lawrence H. Summers’ tenure, when Harvard began considering its ambitious Allston campus expansion. With interest rates favorably low and little inflation on the horizon, the University decided to use the swaps to lock in the rates. But instead, interest continued to decline, wreaking havoc on the swaps, which Forbes branded “The Summers Swap...
...walking tour, coordinated by Mattison, aimed to provide Harvard students and Allston residents with an opportunity to see the University’s impact on the community first-hand. For several residents—and the three Harvard students that attended—Saturday was the first time they saw the massive “hole in the ground” at the Science Complex site...
...think especially with the downturn in the economy, we need hope, some forward movement in creative ways,” Lusk said, suggesting that University and city planners look at constructing European-style, barrier-separated, bicycle tracks with a parallel sidewalk in Allston. She noted that because Boston is sorely lacking in bike lanes and cycle tracks, such a development strategy would make Allston a model for alternative transportation...
Zakcq Lockrem, a member of the Boston Planners Network which advocates for socioeconomic justice through urban planning, said that one inexpensive and short-term project that would increase foot-traffic in Allston would be to install public art—possibly in cooperation with the Graduate School of Design—on vacant Western Ave. storefronts...
Harry Mattison, an Allston resident and founding member of the Allston Brighton North Neighbors Forum, echoed his long-standing concerns about Harvard’s vacant property holdings in the neighborhood, and lamented that Barry’s Corner—the intersection of North Harvard St. and Western Ave, envisioned as a center of commerce akin to Cambridge’s Harvard Square—is still largely defined by an abandoned Harvard-owned Citgo Station...