Thanks Harry for the welcome!
I'm a 1990 grad but know some history of the football program particularly the 60's and 80's. I also remember some Missouri Valley Conference basketball games back in the day...
Stever Ramsey, Spider Lockhart, Ron Shanklin, Beasley Reese and Mean Joe Greene were all recruited by Chuck Noll and all had my dad for Anatomy&Physiology at NT. Greene could never pass the course and everntually gave up. In Joe's defense though, the course was quite intimidating. Six pages 106 questions, all fill in the blank with a discriptive essay. Dad always started his classes with a short test..... I sold drinks and peanuts at the games with my friends, attended parties and dinners at JKG Silvey's house and practically grew up at the biology dept and on the NTSU campus during the hippy days. I used to hang around Head Coach Rod Rust's son Greg..
My Brother John Lott also played for NT in the 80's. When the NFL strike happened in '87, John was recruited to play deep snap center and OG by Chuck Noll on Corky Nelson's referral. John was replaced in Pittsbugh by the first player to cross the line and help break the strike, Mike Webster. In the early 90's John went to work for NT as Strength and Conditioning coach before going back into the NFL and coaching for Bill Parcells at the Jets.
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Regarding your question, all I can tell you is the lease was not Dr. Lott's idea and was presented to Dr. Lott, not the other way around.
I owned The Library at 1210 West Hickory and lease to Cool Beans today.