Word: tracts
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...frugal of late. He has fired the gaggle of Harvard M.B.A.s who flocked to Hilton Head in the early 1970s. In order to reduce Sea Pines' towering debt, he has sold Palmas Del Mar-taking a $13 million loss -and deeded back to the lender the North Carolina tract where he planned to build the Nantahala/Heritage Park. He has also shelved plans for several smaller resorts where "almost any member of the middle class" could enjoy a few days of outdoor recreation for a modest price. "Making a profit is listed in the corporate objectives as No. 4," says...
...University's real estate holdings, though not administered by the Development Office, are still an important source of alumni gifts that currently offer substantial financial benefits to Harvard. Sail Fish Point, Fla., a 775-acre tract in some of the finest undeveloped land along the Florida coast, is typical of Harvard's bizarre but rich holdings. The land, which also includes a 6600 foot beach front, is currently under negotiation for sale that could go as high as $10 million. In addition, the University is the full beneficiary of a 900 acre onion farm in Mansfield, Ohio...
...revolt from his party's left wing. The White Paper had warned that unchecked public spending would soon gobble up half of an average wage earner's salary in taxes. But to the left, the report's recipe for reducing spending sounded more like a Tory tract than a Labor manifesto. Said former Overseas Aid Minister Judith Hart: "The real struggle is not between the official opposition and the government, but between the Labor government and the Labor Party...
...sped off on a 20-minute drive to Daly City. She was taken to a small, neat tract home where she said she had first been held by the S.L.A. after her abduction. Patty and the jurors looked at the first closet, which was 24 in. wide and 66 in. long. (The house is now owned by a family that leases the closet-which is kept locked-to the FBI for an incredible $299 a month. The owner complains that the FBI is in arrears.) Patty was close to collapse as she looked at the cell where she said...
PRIVET (entire plant): bloody vomiting, diarrhea, severe irritation of digestive tract and general nervous symptoms...