Concept A - Ownership, Location, Integration
Offer FSILGís 10 years in which to exercise option
After option, assure up to 4-5 years at current location, so all existing students can live out their time at house
House corp (non-profit) transfers ownership to MIT (non-profit), and MIT disposes of property
A few truly historic locations in Back Bay may be retained as MIT function sites
FSILGís help select new site and advise on design
About a 15-year transition on about 2 per year