Word: mta
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Mihos claims that those sales could have helped cover the cost of the Big Dig, but that MTA staff who were allied with Swift stalled the sales to prevent any “good news” about MTA finances as she tried to fire the two board members because of the fiscal problems, according to yesterday’s Globe article...
Both Harvard and the MTA, however, claim that no such $150 million deal was under way between them...
...Early last year we had some very general discussions, but nothing concrete,” said MTA Chief Development officer Stephen J. Hines, who wrote some of the memoranda submitted to the courts. “We were not talking about selling the property...
...only discussions between Harvard and the MTA were informal talks about the possibility of long-term development of the land, which is now covered with railroads that have a permanent right-of-way, Hines said...
...MTA were selling the land, the sale would go through a formal bid process open to any interested buyers...