Word: allstoned
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Despite University President Drew G. Faust’s announcement in December that Harvard might slow down the timeline for parts of the Allston expansion, the University closed a deal the day after Christmas that added an additional piece of land to its current real estate holdings, according to an e-mail statement obtained by The Crimson...
...line with its traditional method of acquiring real estate in Allston, Harvard did not directly receive the property from Brookline Machine Company...
According to city records, Harvard Real Estate-Allston merged with another company, Crown Mechanic LLC, on Dec. 26. John S. Whiting, the registered agent for Crown and the head of Brookline Machine, chartered Crown on Dec. 11. After Crown had been created, he filed on Dec. 14 to give Harvard the rights to execute all transfers of real estate and deeds in Crown’s name...
Harry Mattison, a member of the Harvard Allston Task Force who runs a blog that has featured discussion of Harvard’s purchases in the past, voiced concerns about the transparency of such acquisition techniques...
Some Harvard construction projects, including the massive expansion into Allston, are also likely to see delays...