Slump Revives Town-Gown Divide Across U.S.

The rats are out in spades this spring in North Allston, a gritty neighborhood wedged between the Charles River and the Massachusetts Turnpike, and residents are blaming Harvard.

Harvard had big plans to expand its campus into Allston with a science complex. But last winter, the university announced that the recession would force it to slow ”” perhaps even halt ”” the $1 billion project. Now Allston residents are living with a gaping hole and a bunch of vacant buildings instead of the prospect of a revitalized neighborhood.

They are not alone in feeling burned by a university. As endowments everywhere sink with the economy, town-gown relationships, often carefully nurtured during the boom years as colleges and universities sought to expand, are fraying.

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Posted in * Culture-Watch, * Economics, Politics, Economy, Education, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--