Word: sales
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Dates: during 1980-1989
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This week's Harvard Gazette featured the sale as a contribution to low-and moderate-income housing in Cambridge...
...University was not making profits or losses on the rent-controlled property at the time of the October sale, said Sheldon G. Tandler, comptroller of Harvard Real Estate, which managed the building. "Harvard is not involved in maintaining rent-control property for a profit. In fact, it breaks even. It operates the property to break even," he said...
Jaqueline O'Neill, Harvard's associate vice president for state and community affairs, said she spoke to tenants at a party given last week to celebrate the sale. Her estimate, she said, is that only 10 per cent of the tenants oppose the sale. "Understandably, when a building changes hands there are always concerns by the tenants about what the future of the building will...
...addition, CCHI and Harvard gave a party on November 9 to celebrate "the preservation of affordable housing" through the sale. Kennedy and tenant Frank Farley said they never received invitations...
Ever since it practically invented the idea more than a century ago, Sears has seen a big sale as a sure cure for slow business. Even by the standards of the largest U.S. retailer, last week's offering in Chicago was its most stupendous yet. Chairman Edward Brennan served as the star pitchman. "It's a trophy," hawked Brennan, 54, a cherubic former Sears salesman. "It's an excellent facility, very well maintained; nothing of its size and value has ever been sold before. After all, it is the tallest building in the world...