News
Pro-Palestine Encampment Represents First Major Test for Harvard President Alan Garber
News
Israeli PM Benjamin Netanyahu Condemns Antisemitism at U.S. Colleges Amid Encampment at Harvard
News
‘A Joke’: Nikole Hannah-Jones Says Harvard Should Spend More on Legacy of Slavery Initiative
News
Massachusetts ACLU Demands Harvard Reinstate PSC in Letter
News
LIVE UPDATES: Pro-Palestine Protesters Begin Encampment in Harvard Yard
It was learned late yesterday that the University had purchased from the Boston Lying-in-Hospital the property at 358-362 Washington Street, Boston. In making the purchase, which was handled by the Boston brokerage firm of Sleeper and Dunlop, Harvard has consolidated its holdings in that area so that it now controls the entire block and provides the University with an advantageous position for possible future development.
The purchase, however, according to W. C. Saeger, Bursar, was made purely for investment purposes, which is in line with the University policy of investing in Boston real estate. The total assessed tax valuation of the property which is under a long lease to Raymond's Inc., is $545,000. The sale price has however not been disclosed.
Want to keep up with breaking news? Subscribe to our email newsletter.