Word: landlordism
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...regard to Sally Zeckhauser, she has done extremely well in one of the most difficult jobs at Harvard. It is true that the landlord is seldom loved. Running a real estate operation is never easy, especially in a university environment. There are many seemingly irreconcilable interests. Mrs. Zeckhauser has a high rate of success in reconciling these interests and at the same time putting Harvard's real estate house in order and improving the housing stock in Cambridge. As someone who has worked closely with her for a number of years, I know that the indictment of her is uninformed...
...while HRE continued in 1986 to sell off small, residential properties from its extensive real estate portfolio, Cambridge's largest landlord got even larger by sinking at least $27.4 million into six major property acquisitions. Harvard also made a $4 million bid on yet another piece of property, the St. Paul's parking lot, and attempted to negotiate several local land acquisitions which later fell through...
Harvard's higher profile in the Square's property market is the result of a new strategy worked out jointly by the Planning Office, the Office of Government and Community Affairs, and HRE both to combat the community's negative perception of Harvard as a bad landlord and to locate additional space to meet the University's growing needs, officials...
...sale of the O'Brien Properties toHarvard has generated some apprehension among someof the tenants there. "Everybody's nervous aboutwhat a new landlord can do," said Jonathan B. Hill'73, owner of Brodie's car rental, who said hemust renegotiate his lease in three months...
...Harvard's been a good landlord," Hillsaid last week. "But I have a big question as towhat my future at this location is going...