ZBT Annex in Brookline Will Be Ready in FallBy Trudy Liu
Zeta Beta Tau is in the process of purchasing an annex across the street from its current house, according to ZBT President Carlos E. Munoz '93. ZBT, which currently houses 14 of its 55 members in apartments near the house, will be able to accommodate eight additional members in the annex, which will be ready for occupancy in the fall.
"After we purchase the annex, we can either keep the apartments and expand our membership or stop renting the apartments and contract a bit. For now, it looks like the majority of people will want to keep the apartments," Munoz said.
To finance the purchase, the fraternity will obtain a loan of about $350,000 from MIT through the Independent Residence Development Fund, a grant established by MIT alumni for the purpose of making loans to independent living groups for acquisitions and renovations of their homes, said Neal H. Dorow, adviser to fraternities and independent living groups.
"For a number of years, ZBT has been renting apartments in order to have enough living space for its members. This has been happening long enough for us to know that ZBT could sustain enough membership to support the purchase of an annex," Dorow said.
Dorow said that the fraternity will upgrade the safety features of the annex before it is opened in the fall. The annex will not be considered Institute-approved housing and will house only upperclassmen.
"ZBT has been looking for an additional building for about 20 years now, and this annex will be a wise investment," Munoz said. "We really need to focus on the next few years; we have to keep track of MIT housing policy, as well as the attitude of the house," he added.
"I think purchasing the annex will be good for us. It has a lot of singles, it is nearby and the property is really nice. It will also enable us to rush a lot more people next year, and that would be good," said ZBT member Matthew R. Drake '94.