Beset By New Haven's Ills, Yale Revitalizes City
"For centuries, Yale operated in serene isolation from New Haven. Its brick walls and black gates became, in a city dogged by poverty and crime, emblems of an elitist neighbor.
In response, President Rick Levin decided that the way to help Yale was to help New Haven. He brought in a real estate executive to buy commercial property and build boutiques. With financial incentives, he encouraged employees to live in the least developed neighborhoods.
...There's little doubt that Yale's contribution has been a key force not only in the school's rise, but in the city's turnaround."
Thanks to Chris Steins