Word: nesson
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Charles R. Nesson, professor of Law, and several Law School students represented 12 Cambridge tenants formally listed in the suit. He challenged Corkery's standard as "unauthorized and inconsistent with the Rent Control...
...Nesson cited in court yesterday figures showing that since Corkery adopted the fair net income standard, net cash flow increased, on the average, from 35.6 per cent to 49.2 per cent of the gross income. Net cash flow is the amount of the gross income remaining after expenses but before payments of interest on mortgages...
...total dollar amount received by the landlord increased, on the average, by 46.7 per cent, Nesson said...
Calling the actions of the Rent Control Administration "inflationary." Nesson said that it is "no wonder" profits of some landlords are high, because they are receiving the increases that rent control is designed to eliminate...
Attorneys for Chomsky are Charles R. Nesson '60, professor of Law, Leonard Boudin and Allan R. Rosenberg...