Word: parcell
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Harvard’s latest effort to expand its holdings of local real estate met resistance this week from Boston’s mayor and other influential officials, who say they want more time to review Harvard’s $75 million bid to buy a 91-acre parcel of North Allston from the cash-strapped Masschusetts Turnpike Authority...
...University’s aggressive pursuit of the small parcel has raised the eyebrows of Boston-area politicians...
...good to have Harvard in your neighborhood, but it’s not good when Harvard takes away your neighborhood,” said Senator Steven A. Tolman, one of four local leaders who called for the Turnpike Authority to reject Harvard’s bid on the Houghton parcel. “There are a lot of very significant positives to having Harvard in your neighborhood, however this action on the 1.4 acre parcel seems totally inappropriate...
Turnpike officials estimated that Harvard would bid anywhere between $60 and $100 million for the parcel, he said...
...Harvard’s expected rival for the property, did not put in a bid for parcel by the auction’s noon deadline yesterday. B.U. officials said the University did not bid because it wants to focus on current projects rather than new property...