[washingtonismoney]

Ken Auletta of the New Yorker has an article about us: http://www.newyorker.com/reporting/2012/...ntPage=all

[washingtonismoney]

Ken Auletta of the New Yorker has an article about us: http://www.newyorker.com/reporting/2012/...ntPage=all

[needle]

I generally love The New Yorker, but even I didn't read the whole thing. Lots of hazy, random kvetching about student priorities done mainly by the author, oddly enough.

But here's the good stuff, as I saw it. Some meat about the aborted New York campus:

On December 16, 2011, Stanford announced that it was withdrawing its bid. Publicly, the university was vague about the decision, and, in a statement, Hennessy praised “the mayor’s bold vision.” But he was seething. In January, he told me that the city had changed the terms of the proposed deal. After seven universities had submitted their bids, he said, the city suddenly wanted Stanford to agree that the campus would be operational, with a full complement of faculty, sooner than Stanford thought was feasible. The city, according to Debra Zumwalt, Stanford’s general counsel and lead negotiator, added “many millions of dollars in penalties that were not in the original proposal, including penalizing Stanford for failure to obtain approvals on a certain schedule, even if the delays were the fault of the city and not Stanford. . . . I have been a lawyer for over thirty years, and I have never seen negotiations that were handled so poorly by a reputable party.” One demand that particularly infuriated Stanford was a fine of twenty million dollars if the City Council, not Stanford, delayed approval of the project. These demands came from city lawyers, not from the Mayor or from a deputy mayor, Robert Steel, who did not participate in the final round of negotiations with Stanford officials. However, city negotiators were undoubtedly aware that Mayor Bloomberg, in a speech at M.I.T., in November, had said of two of the applicants, “Stanford is desperate to do it. Cornell is desperate to do it. . . . We can go back and try to renegotiate with each” university. Out of the blue, Hennessy says, the city introduced the new demands.

And:

Jeff Koseff, who played golf with Hennessy within a few days of Stanford’s withdrawal, recalls, “He was already talking about what we could do next.” One venture that Hennessy was exploring, though there is as yet no concrete plan, is working with the City College of New York to establish a Stanford beachhead in Manhattan. Deputy Mayor Steel says, “I’d be ecstatic.” Still, a Stanford official is dubious: “John’s disillusionment with the city is pretty thorough.”

Koseff is director of Stanford's Woods Institute for the Environment, according to the article.

[needle]

I generally love The New Yorker, but even I didn't read the whole thing. Lots of hazy, random kvetching about student priorities done mainly by the author, oddly enough.

But here's the good stuff, as I saw it. Some meat about the aborted New York campus:

On December 16, 2011, Stanford announced that it was withdrawing its bid. Publicly, the university was vague about the decision, and, in a statement, Hennessy praised “the mayor’s bold vision.” But he was seething. In January, he told me that the city had changed the terms of the proposed deal. After seven universities had submitted their bids, he said, the city suddenly wanted Stanford to agree that the campus would be operational, with a full complement of faculty, sooner than Stanford thought was feasible. The city, according to Debra Zumwalt, Stanford’s general counsel and lead negotiator, added “many millions of dollars in penalties that were not in the original proposal, including penalizing Stanford for failure to obtain approvals on a certain schedule, even if the delays were the fault of the city and not Stanford. . . . I have been a lawyer for over thirty years, and I have never seen negotiations that were handled so poorly by a reputable party.” One demand that particularly infuriated Stanford was a fine of twenty million dollars if the City Council, not Stanford, delayed approval of the project. These demands came from city lawyers, not from the Mayor or from a deputy mayor, Robert Steel, who did not participate in the final round of negotiations with Stanford officials. However, city negotiators were undoubtedly aware that Mayor Bloomberg, in a speech at M.I.T., in November, had said of two of the applicants, “Stanford is desperate to do it. Cornell is desperate to do it. . . . We can go back and try to renegotiate with each” university. Out of the blue, Hennessy says, the city introduced the new demands.

And:

Jeff Koseff, who played golf with Hennessy within a few days of Stanford’s withdrawal, recalls, “He was already talking about what we could do next.” One venture that Hennessy was exploring, though there is as yet no concrete plan, is working with the City College of New York to establish a Stanford beachhead in Manhattan. Deputy Mayor Steel says, “I’d be ecstatic.” Still, a Stanford official is dubious: “John’s disillusionment with the city is pretty thorough.”

Koseff is director of Stanford's Woods Institute for the Environment, according to the article.