Professional Profile: Bertrum Druker -1966

Name: Bertrum Druker -1966

Title: N/A

Company: John Druker & Son

Location: Boston, MA

Birthplace: Boston, MA, 1918

Education: Cambridge School, Franklin & Marshall College, B.U. (grad work) Member: Realtor Board, Past-President three terms of Mass Assn. Realtors, Trustee Perkins Inst., Trustee Warren Inst. for Savings, others. After college, in 1941, Bert joined the family firm, which at the time developed, owned and managed office buildings, hotels and apartment houses including the construction of the Kenmore Hotel and the Bratemore, much of Comm. Ave. Automobile Row and many suburban store blocks. With Bert at the helm, the firm continued to purchase and develop, but, six years ago a new field opened up to investors, and Bert became involved in the first commercial and industrial redevelopment in the United States, New York Streets in Boston. “It seemed like a good investment because you could acquire already assembled land, a ready-made site for a set price.” “We found it extremely difficult because of the newness. Boston was just getting started and 22 acres located at the edge of the Old Boston didn’t sell as well as we might have hoped. We learned from this program and today we are not only finished at New York Streets with top grade firms, but we are involved in a new urban renewal program right around the corner, Castle Square. This is housing, commercial and industrial on 28 acres.” “Boston is finally on the move,” said Druber. “We have always had confidence in the area and with the tax rate going down and becoming stabilized, you will see much new investment coming to the city. I find urban renewal exciting and very challenging in taking a slum area and creating something completely new. Is this city had had a good sound climate in the past, urban renewal would have been taken care of by private investment. However, most of that problem is passed and we can definitely look forward to The New Boston.”