Word: groving
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...Grove Properties, a Connecticutbased company, is buying 929 House, an 18-story concrete high-rise on Mass. Ave. only four blocks away from Harvard Yard...
...Grove's Chief Executive Officer, Damon Navarro, and Chief Investment Officer Marnawar A. Cheema said they plan to gradually phase out low-cost housing as tenants move out voluntarily...
Because the mortgage was paid off when the building was sold, Grove Properties may eliminate most of the subsidized housing, except for 24 units protected permanently by Cambridge zoning laws...
Initially, Grove Property Trust and the City of Cambridge had a verbal agreement that Grove would keep all the affordable units in exchange for a $2.3 million low-interest loan from the city, representing the difference between the market rent price and the affordable-housing price...
...Mining companies can still take advantage of laws enacted in the 1800s that allow special privileges. The only difference between this and the corporate welfare you reported on is that today the federal and local governments are selling off our future at bargain rates. DAVID BROOKS Fox River Grove...