Tim Logan writes for The Boston Globe that in a new paper MIT researchers estimate how much the proposed Green Line extension has boosted property values. Graduate student Austin Paul explains that thus far, “we’ve probably only seen prices go up 40 percent” of where they may ultimately end up.
A gift from alumnus Samuel Tak Lee will be used to establish a new MIT lab for sustainable real estate development, reports Chris Staiti of Bloomberg News. The gift will “help design a program that ties the study of real estate to 21st-century realities.”
One of the largest gifts in MIT's history will be used to “advance socially responsible and sustainable real estate, with a focus on China,” the Associated Press reports. The gift, from alumnus Samuel Tak Lee, will be used to establish a lab for sustainable real estate development, fund student fellowships, and put the lab’s curriculum online.
BostInno reporter Lauren Landry writes that MIT has received one of the largest gifts in the school’s history from alumnus Samuel Tak Lee. The gift will be used to create a lab dedicated to socially responsible and sustainable real estate development, with a focus on China.