Word: demong
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Harvard Real Estate (HRE) owns about 15 percentof all commercial space in the Square, accordingto President Kristin S. Demong. That's not a lotof space, but enough to make an impact on theSquare's economy--and, Demong is careful to pointout, Harvard isn't any more anxious to glut theSquare with franchises than are residents...
...last thing we want is for us to become onemore shopping mall," Demong says...
...Demong, however, said Grower's Market failed to meet its rent payments. "We worked with him to reduce his rent obligation which, I might add, he has never been able to cover in its entirety," she said...
...Demong added that Harvard might welcome a Pemberton plant nursery but not a supermarket at the Memorial Drive site. She said a supermarket would bring in too many people and would be difficult to displace should Harvard need the land in the future...
...Demong said Ewen must first resolve his bankruptcy settlement before discussion of a new deal can take place. "He needs to continue through his bankruptcy [action] to get his finances in order...