Word: rente
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Dates: during 2000-2009
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...former broker said the units sold quickly, but then closings languished and buyers sought to get out of their contracts. The corporation managing the property changed hands earlier this year, and units remain unsold. Web advertisements indicate that some of the townhomes are available for rent...
...according to Jacqueline O’Neill, the assistant to the vice president for government and community affairs in 1983, the University’s predicament came about not as a result of its policies, but rather the nature of the rent control administration in Cambridge...
...rigidity of the Rent Control Board created an impasse that didn’t help tenants or landlords,” O’Neill said...
...eventual removal of Craigie Arms from the rent control roster did not have the feared negative impact on affordable housing in Cambridge, since the University invested much of the profit from the sale of the apartments in 1985 to the Harvard Emergency Loan Program (HELP) fund, a half million-dollar program designed to rehabilitate deteriorated low-income housing...
...While the University was fighting the Rent Control Board, Grendel’s Den, the popular bar and restaurant located at 89 Winthrop St., was chafing under the Massachusetts law that allowed churches to deny establishments within 500 feet of their premises the right to serve alcohol...