clock menu more-arrow no yes

Filed under:

What Went Wrong

New, 1 comment

A New Yorker piece on Stanford and its ambitions sheds some new light on the school's withdrawal from the competition for a Roosevelt Island campus: "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 apparently also added new penalties into the contract, to be paid by Stanford, if the City Council was late to approve the proposal. Due dates and penalties were left blank in the RFP, and whichever university was able to fill in the most favorable dates and amounts would have the upper hand. [New Yorker via NYO; previously]