Word: hre
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Rents for 1550 University affiliates living in Harvard- owned housing will go up July 1, but the increase will be the lowest in five years. Robert A. Silverman, Harvard Rest Estate's (HRE) vice president for marketing, said yesterday...
Announcement of the rent hike comes one week after President Bok endorsed the recommendations of an ad hoc committee established to examine HRE's affiliate housing. One recommendation was to maintain the University's current policy of renting to students, faculty, and staff at market rates...
Silverman said the slowing inflation rate in the local rental housing market will allow HRE to cap the increases at 8 percent. In each of the last two years, rents in the 11 buildings HRE operates for affiliates have jumped by 22 percent...
...work mentioned in the assessment, which was completed several months before Craigie tenants filed a rent board complaint that began more than a year of negotiation with Harvard, was not undertaken because it was determined to be insufficient, Silverman said. He added that HRE began soliciting outside consulting at that time...
Silverman and Public Relations Director David Rosen. HRE's spokesman, said yesterday that the University is still pursuing the current plan, despite the rent board's December refusal and a subsequent vote not to reconsider the original decision...