Word: cronins
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Justifying his definition of the term "fair net income" to mean between 10 and 15 per cent of the market value "We are required by law to insure the landlord some sort of profit. If you invest your money in a savings account of a landlord's property Cronin said, you get back six per cent. Ten to 15 per cent is a reasonable profit rate to expect...
Philip M. Cronin 53, Interim Rent Control Administrator, defended his rent control guidelines last night before a crowd of 250 people in a meeting more like an unruly ninth grade algebra class than a City Council hearing...
However, the court dismissed a suit brought by several Cambridge tenants, who charged temporary rent control administrator Philip M. Cronin '53 with falling to enforce the provisions of the law, as having no legal basis. After the Cambridge City Council passed the law in September, Cronin issued an order temporarily adjusting Cambridge rents to the current level rather than the March 1970 rollback level outlined...
Last week Cronin issued a statement which set the fair profit rate for a landlord at between 10 and 15 per cent of the market value of the property. Tenant groups throughout Cambridge have attacked this standard as one which will again cause rents to spiral. The Cambridge City Council has called for a hearing on the matter at 8 p. m. tonight...
...committee is the result of three weeks of negotiations between spokesmen for the black community, City Solicitor Philip M. Cronin, and City Manager John Corcoran. The negotiations are in response to demands from the black community that Police Chief James Reagan and five other officers be fired for their parts in three beatings in November...