Word: benefitting
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Dates: during 1980-1989
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What is the real intent or impact of Councilor Walsh's proposal? Who will it benefit? Who will pay the costs? When pushed, Walsh has pointed to the expanded opportunity for homeownership made possible by vacance decontrol of 70 percent of presently controlled units. Clearly, a prospective resident or an absentee owner with a downpayment and an income large enough to carry a huge mortgage can benefit. Clearly, a landlord or a condominium developer can benefit as rents double or triple to market rates or condos are sold to the wealthiest buyers. Clearly, the real estate brokers can benefit...
...will fail to benefit or be hurt? Few native Cantabrigians will have enough resources to buy in the hottest real estate market in the U.S. Middle-income tenants who already can't afford to buy in the Massachusetts market and who can't or won't pay $1000 or more per month for old, small apartments will see the small supply of affordable rental housing in Cambridge disappear immediately. Essentially every tenant above the poverty income level will see his rent increase drastically despite no correspoonding increase in costs to the landlord or increase in the quality of the unit...
...last two years Peck has nursed Citystep along. But at tonight's black-tie benefit for Citystep--featuring the campus band Robespierre and singer Fiona Anderson '88 in the Charles Hotel--Peck will not be appearing as the program's director/choreographer for the first time...
Tonight, Citystep is also holding its secondannual benefit ball at the Charles Hotel. Lastyear's campus-wide fete netted about $5600, Pecksays. The money goes toward transportation,lighting, sound, costumes and other theatricalexpenses...
Peretz did not give his readers the benefit of any of the relevant facts about Bachrach. He merely asked them to accept his cryptic condemnation on faith. (It's hard to imagine any decent editor letting a writer get away with this sort of ipse dixit, but I guess the owner of a magazine doesn't have to submit to the usual red pencil...