Word: condominium
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Last month, Harvard Real Estate, the University's property management arm, bought a condominium from one faculty member so that another professor could buy it days later. In so doing, Harvard breeched its 1975 promise not to purchase real estate outside its own self-imposed boundaries and revealed its unfortunate willingness to sacrifice its credibility with the Cambridge community for small, short lived gains...
...Condominium has been a fighting word in Cambridge for years now, ever since the nationwide condo boom hit this crowded city. Developers, property-owners and some of the city's conservative leaders place condos on a par with apple pie and ice cream. Condo opponents, who include a five-member majority of the City Council, mention the converted apartments in a tone Cambridge usually reserves for incest and the New York Yankees...
...only been in court once so far, and there district Judge Shermant old us he thought the city council had exceeded its authority," William J. Walsh, an attorney for Harlow Properties, one of the city's largest condominium developers, said. "He refused to hear the case at that time, saying that we didn't have standing, but he urged my client to go ahead and pass papers on and that if a permit is denied to bring the case back...
While the legal battles meander through the courts, condominium conversion may be continuing. "At some places, they (developers) have lost their rehabilitation loans, but in other areas it hasn't changed the pace of conversions," Lawrence A. Frisoli, a city councilor who voted in favor of condo conversions, said last week. Frisoli's claims are wishful thinking, responds Sullivan. "I haven't heard of a single condo being occupied. When the law is broken, I assume the person will be prosecuted and end up with a $500 fine and a criminal record for the rest of his or her life...
...White in the preliminary. Timilty, who presided over President Carter's now-defunct National Commission of Neighborhoods and ran Carter through Pennsylvania, is after the mayor's scalp for the third time. He compares the White administration to a loaf of stale bread, believes in tax cuts, limiting condominium conversion along the lines of the Cambridge plan and the "neighborhood movement." What the neighborhood movement is, nobody, least of all the senator's staff, can put his finger on, although they're all willing to throw around the buzzwords of "empowerment and enfranchisement." Timilty is not really pushing decentralization...