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Cambridge residents??€™ stock portfolios aren’t the only things that have fallen during these unsteady financial times: their property tax bills will also show little to no increase. Thanks to the City Council which agreed on the property tax rate for fiscal year 2009 last night. More than 58 percent of residential property owners will see either no change or an increase of fewer than $100 in their tax bill, while 25 percent will experience a decrease in their property taxes, City Manager Robert W. Healy told the Council last night. For the most part...
...Residents??€™ concerns come after a year in which the city approved Harvard’s plans to build the first piece of what will be a 350-acre campus in the neighborhood. Throughout the planning process, neighbors have said that the University has not been forthcoming in sharing its planning with the community...
...Perhaps no practice better encapsulates the essence of the Co-op than the residents??€™ daily 6:30 p.m. dinner, which is communally prepared and served around one long, wooden table with mismatched chairs lining the sides...
...needs and desires. In a land-swap deal with the owners of the Charlesview apartments, a low-income housing complex that sits on a plot of land central to the development project, Harvard has demonstrated that it had come full circle in its dealing with Allston residents??€”as part of the deal, Harvard agreed to erect highly subsidized replacement housing units nearby...
Cambridge’s increasing affluence may threaten residents who want to continue living in the city after retirement, officials said at a roundtable discussion yesterday. Clifford Cook, planning information manager for the Community Development Department, said that as Cambridge becomes more affluent, it becomes more difficult for elderly residents??€”who are often on fixed incomes—to afford rising rents and other costs. Cook added that the city is becoming more socioeconomically diverse because the number of low-income residents??€”who often live in public housing—has remained constant, while higher-income...