In Cambridge's heated real estate market, one prime location has been left empty.
An empty storefront between Fleet Bank and the Harvard Coop has stood neglected for four years. Area business owners say the vacant building is an eye sore that needs filling.
A mural of Harvard scenes and multi-colored flyers now masks the spot, the former home of the Coop.
According to Coop Vice President
Allan E. Powell, the Coop did not to renew its lease from Bay Bank, which owned the building four years ago, prompting the store's move to 1400 Mass. Ave, the address where it currently stands.
"When Bay Bank began its merger with BankBoston, our lease renewal was coming up," he said.
Despite many efforts on the Coop's part to renew the lease, Powell said that the Bank encouraged them to "let it run out."
And so, ownership of the building was subsequently transferred to BankBoston.
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