Word: costly
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Dates: during 1960-1969
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Shady Hill appeared to provide a neat answer: build housing there for the younger Faculty, so that they could have relatively inexpensive homes close to the University. Planning for 120 units of junior Faculty housing at a cost of $1.5 million went ahead. By May 1955, Pusey was ready to unveil the plans to a gathering of the neighbors around Shady Hill...
...plans now stand, Harvard will build two 17-to 20-story towers containing a total of 280 housing units. Another 20 units will be built in lowrise, town house sections. The cost of the entire project is estimated at roughly $8 to $10 million...
...been working with the architect, making all the kinds of cost savings that our people or the architect can come up with. Construction costs are so high today that unless you get some kind of an offset, such as a lower interest rate, you end up with rents that many faculty members will be unwilling to pay, even for the privilege of living in Cambridge...
Thus, though the Shady Hill project has been debated for over 15 years, the character of the project and its impact on the neighborhood remain to be seen. Much still has to be settled during the coming months of negotiation and cost-cutting...
...everybody manages to prevent the insistent Colliermen from getting in his door, despite a sales talk designed to make it as difficult as possible for a family to turn down the company's "offer." A person who started listening, liked what he saw, and remained silent when told the cost of the books was only "small change" gradually became committed to buying...