Word: landlords
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Dates: during 2000-2009
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...space as a public restaurant, inaugurating Upstairs at the Pudding. As financial ruin loomed, the Club looked to Harvard for a lifeline, and in 1986, the University purchased the land--but not the building--that the Pudding calls home. Since then, Harvard has acted as the building's protective landlord by leasing the building to the Institute of 1770-Hasty Pudding Club, the umbrella organization for all four affiliates. Even with this additional help, the club remains stunted by monetary woes and continues to allow the building at 12 Holyoke St. to fall further into disrepair--broken chairs...
...current pattern of landlord obedience to the law is "almost a voluntary system," Shachter told the Cambridge Chronicle...
Shachter's proposal, similarly to the condo-conversion ordinance currently in effect in Boston, includes a list of factors that are early indicators that a landlord is thinking of converting a property into condominiums. One such factor is a hike in rent of more than 10 percent...
...certain number of these factors were present, the landlord would be required to give tenants notice of intent to convert, regardless of whether he claims he intends to convert...
Finally, under Shachter's ordinance, if a renter does not purchase his apartment when it becomes a condominium, the city would be given the option to purchase the unit before the landlord can sell it to a third party...