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Massport criticizes $75.1M land sale to Harvard
Boston Business Journal
April 11, 2003
Calling the move “hasty,” the Massachusetts Port Authority criticized the decision by the Massachusetts Turnpike Authority’s board of directors to sell 91 acres of surplus land in Allston/Brighton to Harvard University for $75.1 million.
Joining a growing chorus of government officials who have criticized the vote, Massport complained in a release issued Thursday night that the rail head located on the property, which is called the Beacon Yards property, provides important access to and from Boston’s port.
“The Massachusetts Port Authority joins the city of Boston, the MBTA and the Executive Office of Transportation and Construction in opposing the immediate and hasty sale of government land that could negatively impact maritime trade and commerce by potentially closing the nearest available rail head to the Port of Boston,” the statement said.
Massport went on to say that with more than $100 million invested in revitalizing the port, its long-term results are important to the area’s economy, employing 9,000 people and putting billions of dollars into the region.