Word: watertown
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Sullivan says Harvard has recently agreed to more lucrative deals with its other host cities, Watertown and Boston, and contends that the University’s original home should receive compensation in line with those newer deals...
Harvard’s plan to redevelop the Arsenal complex in Watertown draws criticism. The city claims that the University’s tax-exempt status will cost it tens of millions of dollars in lost revenue. The University claims it will pay a “generous and appropriate fee” in lieu of taxes. Busloads of school children stage a miniature protest...
...wake of a 30-acre purchase of land known as the Arsenal, Harvard agrees to pay Watertown $3.8 million annually for the next 52 years...
...tried to purchase a large warehouse space in Watertown, but despite being a Harvard-affiliated institution, could not afford to buy the space from the University...
...Harvard Real Estate is operating the Watertown complex, and that makes it too expensive for us,” he says. “Harvard has never solved any of the ART’s space problems...