Word: hunneman
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William A. Burnham Jr., property manager for the Cambridge office of Hunneman and Company, Inc., real estate agents for the University, made a more emphatic, though possibly exaggerated, statement about Harvard rents. "In 99 per cent of the faculty houses, Harvard does not make enough in their rent even to pay real estate taxes," Burnham said. "I know that for a fact...
...disadvantage in renting from the University, many tenants said, is the poor maintenance done on the houses. Repair work for most of the faculty homes is performed by Hunneman Realtors...
...Burnham, Hunneman's property manager for Cambridge, said there is no written policy regarding what maintenance should be done by the realtor and what left to the tenants...
Burnham said normal wear and tear on the houses is repaired by Hunneman, which in turn bills the University for the work. He said many problems, such as exterior painting and tree trimming, are in a nebulous area with neither the tenant nor the realtor clearly responsible for the maintenance...
Although he declined to discuss the rent or value of the house, Zeckhauser said he thinks the rent is equitable. "I do a fair amount of work such as painting to maintain the house," he said. Hunneman does the major repair jobs, Zeckhauser said...