Bob Hall, the former owner of the building, did not want it to fall into the hands of Harvard Real Estate and he was reluctant to put it on the market, Heid said.

HSA was able to convince Hall that, under HSA ownership, the building would continue to be used for educational purposes, a condition upon which Hall had insisted.

Olken said he believes that Hall changed his mind when he realized the commitment of HSA leaders.

"I think the turning point for Mr. Hall was meeting with the student president," Olken said.

The new president says he has big plans for HSA in its new location.

"One of my biggest focuses for the year is reviving the entrepreneurial spirit on campus," Tiwari said.

HSA's new building will be dedicated tomorrow afternoon to Robert W. McCoy Jr. '62 and Dustin M. Burke '52, two major contributors to the organization