Word: rombauer
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...result of water damage and mold contamination, the student group’s basement at 67 Mt. Auburn St. will be unusable until at least mid-August, said Robert Rombauer, the general manager of Harvard Student Agencies, of which Let’s Go is a subsidiary. The basement will require major renovations totalling about...
...also had to foot the bill for replacing the broken pipe underneath the street outside—a cost which insurers refused to cover, said Rombauer, on the grounds that they cannot reach the underground plumbing to adequately evaluate and insure it. The price tag for repairing the damaged pipe was estimated at between $40,000 and $50,000—bringing the total costs up to almost two percent of HSA’s $5.3 million budget...
...hurts our bottom line,” Rombauer said. “Years ago the city would have taken responsibility, but today whether you have a home or a commercial building, you own the pipe...
...hefty costs come at an inopportune time for HSA’s coffers, which it has seen shrink with the national economy recently. As a result of the souring market, Rombauer said, HSA does not expect to be profitable this year—so the funds for the basement renovations will come directly from its cash reserves...
According to Rombauer, the pipe—which led from Let’s Go’s basement to the Cambridge sewer system—gave out under the pressure...