Word: wyatt
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...Wyatt, vice-president for administration, spring...
...that was before Wyatt and a host of other University officials went to work. A 1977-78 survey of properties showed Harvard officials that maintainance had been deferred, that tents were lower than comparable privately owned buildings and that--perhaps--there was money to be made, or at least not to be lost in such large quantities. Ergo, Harvard Real Estate. Formed in 1978, the wholly owned subsidiary of the University has worked, its officials says, to improve and repair Harvard's properties and at the same time to raise rents so that, in the words of president Sally Zeckhauser...
...other administration officials who met with the group--Joe B. Wyatt, vice president for administration, and Sally Zeckhauser, president of Harvard Real Estate--were unavailable for comment yesterday. The 22 percent increase scheduled for July follows a 19 per cent jump last year, and tenants say the rent hikes have far outpaced salary increases. The BGTA said in a letter to Bok last week that HRE should "abandon" its attempts to make money from the faculty housing, and instead continue to subsidize the development...
...Wyatt, Harvard's vice-president for administration, said "After a year-long study, we have concluded that the interests of the University and the quality of life for Harvard's faculty. students and other residents can best be served by placing responsibility for the marketing and management of Harvard's properties into a closely-held, professionally-managed real estate corporation...
...Wyatt added that in addition to keeping to the Corporation's budget for the building, the drawings indicate that the design of the building will not prove mechanically problematic...