Word: peiser
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...Harvard Design School Professor Richard Peiser, an expert on real estate development, said that while Harvard’s slowdown in Allston might initially discourage investment in the neighborhood, the University’s presence will have a positive impact on property value and the attractiveness of Allston in the long run. He added that many of the vacant properties were designed for industrial and office use, making them difficult to sell on the retail market...
...neighborhood has a tendency to blame the University wherever they can, and I think the only thing they have any grounds to be upset on right now is slowing construction on the science building,” Peiser said. He added that the neighborhood may need to wait years, if not decades, to see Allston revitalized...
...Fifty years from now, [Barry’s Corner] will be just as important as Harvard Square is,” Peiser said. “It takes a long time for a project like that to happen and mature...
However, Spear Professor of Real Estate Development Richard Peiser was quick to point out Altshuler’s strengths...
...fact, Peiser said, Altshuler’s inexperience in design may make him a better leader. “He will be very collaborative,” Peiser said. “He will make the extra effort to make sure the faculty has a strong voice in decisions...