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Galluccio said Harvard could earn the goodwill of Cambridge residents by agreeing to a generous payment, since MIT’s agreement was focused on preventing property from being taken off the tax rolls, rather than establishing a high annual sum paid to the city...
Ultimately the event was a success, for in addition to the remarkable display of talent featured at Friday night’s venue, the benefit raised over $300 for HOP. The sum total for this year is less than last semester’s $500 because the ticket price was reduced to $3 from last semester’s $5. Chou, who reassured that “all proceeds go toward the loan fund,” was extremely pleased with Friday night’s outcome, for in the words of performer MC Mikal, “a benefit...
Harvard’s tax exemption is given because society believes that the organization provides indispensable services—services that far outweigh the remunerative sum of a property tax. Harvard students provide sustenance for Cambridge businesses while training for a lifetime of giving back to the community. A large endowment and large prospective tax revenues don’t change that...
...ambitious new multimillion dollar complex? Why can’t they be placed in separate locations wherever there is space in Allston—in the new Houses or by retrofitting existing buildings. They could be. But by putting these components together, the product is incalculably greater than the sum of its parts. Student life today at Harvard is terribly fragmented; a centrally located student center situated on the river between all the future undergraduate Houses has the potential to unite the campus...
...MILLION Sum Nicole Kidman earned for starring in a three-minute Chanel ad, setting a Guinness world record for the highest paid actress in a commercial