Word: macdonaldization
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...Paul J. MacDonald, current owner of the 126-year-old tobacco shop Leavitt and Peirce, said he believes that real estate in the Square has been increasingly leased out to tenants who can pay the highest rent, rather than to those who are appropriate for the Square...
...MacDonald and Bartley claim that while Harvard Square previously catered to the local resident population, recently the allocation of real estate seemed to target the needs of Harvard University affiliates instead...
...What do they want? Fast food, cell phone stores, and plenty of banks,” MacDonald said...
Bartley and MacDonald both said they empathize with small business owners who are being squeezed out of the Square, but added that the Square is still a desirable place to visit...
...When you’re talking to someone who owns a business, it’s a shocking destination, it’s sort of lost its cache,” MacDonald said. “But as a tourist destination, it’s beautiful and it’s unique...