An admission from 8 Garden St.: the Harvard-Radcliffe Office of Admissions and Financial Aid is examining options to relocate from the Byerly Hall space it has occupied for the past 25 years.

The quarter-century lease allowing the Admissions Office and Graduate School of Arts and Sciences (GSAS) administrative offices to reside in Byerly will expire this summer.

Radcliffe College--which owns the 67-year-old building--has proposed a new five-year lease agreement with terms the Faculty of Arts and Sciences (FAS) is not ready to accept, FAS officials said.

As a corporation distinct from Harvard, Radcliffe owns and fully manages buildings in Radcliffe Yard.

In 1973, Radcliffe leased Byerly to FAS in exchange for a major renovation of the site.

For the duration of the 25-year lease FAS has paid the operating expenses incurred by its using the space but has paid no additional money to Radcliffe, Radcliffe officials said.

As terms of the new lease proposed by Radcliffe, FAS would pay Radcliffe money beyond what it cuj7

rrently pays in operating expenses.

David A. Zewinski '76, associate dean of physical resources for FAS, said the price--though significantly higher than what FAS had been paying--"is a fair market value."

"Nobody is trying to gouge anybody," Jsaid Carolyn Chamberlin, director of communications at Radcliffe. "We value them as a neighbor, a tenant and a colleague."

Chamberlin remarked that the proposed lease renewal was "in no way a hostile move," and the decision to relocate rests entirely with FAS.

"They may want to move but it certainly isn't because Radcliffe is forcing them out," Chamberlin said. "[The proposed] five-year lease is not forcing anybody out.

Uncertainty about the future location of the admissions office requires additional planning on the part of Marlyn McGrath Lewis '70-'73, director of admissions for Harvard and Radcliffe Colleges.

Since her office sends more than 250,000 copies of admissions-related material to guidance counselors, alumni and prospective students, McGrath Lewis said she is concerned that the address on all mailings sent out now might be inaccurate in the future.

"I'm putting my eggs in one basket," McGrath Lewis said. "I'm assuming that we'll be here next year."