Updates on LAMB at Kingsbury?

[Anonymous]

It is in the LAMB's community's interest to help Kingsbury raise the $1M it needs to keep the lights on a little longer and give the courts time to rule, if they really want that building.

[Anonymous]

Anonymous wrote:It is in the LAMB's community's interest to help Kingsbury raise the $1M it needs to keep the lights on a little longer and give the courts time to rule, if they really want that building.

It’s in everyone’s interest for the group of neighbors, aka CNDI-LA, to drop their court appeal and allow the transaction to go through. That’s the simplest and fastest way to help Kingsbury.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It is in the LAMB's community's interest to help Kingsbury raise the $1M it needs to keep the lights on a little longer and give the courts time to rule, if they really want that building.

It’s in everyone’s interest for the group of neighbors, aka CNDI-LA, to drop their court appeal and allow the transaction to go through. That’s the simplest and fastest way to help Kingsbury.

If that hasn't happened by now...unlikely it will happen.

And Kingsbury is gone already. While trying to do something, anything to save the school, every family is scrambling for next year. OSSE is working with all DC residents at the school to find placements for next year, etc.

I hate to go all conspiracy here... but how likely is it that a developer, or other interest, has been egging CNDI-LA on all along and potentially underwriting their activities?

[Anonymous]

Anonymous wrote:It is in the LAMB's community's interest to help Kingsbury raise the $1M it needs to keep the lights on a little longer and give the courts time to rule, if they really want that building.

Raising $1M in small parent donations is not really possible for any school, including LAMB.

I really hope the court decision comes quickly and puts this all to rest, one way or the other. The case is expedited but I do not know what that means for the speed of the decision. It would be nice to have some finality before parents need to make their lottery decisions.

[Anonymous]

Anonymous wrote:It is in the LAMB's community's interest to help Kingsbury raise the $1M it needs to keep the lights on a little longer and give the courts time to rule, if they really want that building.

Kingsbury doesn't close until the end of June. The DC Court of Appeals may decide/hopefully decides before then.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Schools, even charters, are by right uses in residential zones. Pretty much every zone. Other than relief for parking requirements through BZA I don’t think it’s gonna be that big of a hurdle to clear honestly.

There is no guarantee that whatever is left of Kingsbury's board will agree to sell to a school. If they don't own the building outright it could wind up in a bank's hands.

You mean another school? Not quite following this comment. Aren’t they currently set to sell to Lamb if the courts allow?

Kingsbury is closing. They are out of money. This decision was only made in the last month. If they have debt and default on it, which is likely as they will have no income soon, their assets (including the building) will go to any lenders.

The lenders will not necessarily be under any obligation to honor the Kingsbury's agreement/plans with LAMB.

I think everything is up in the air.

Wow good to know.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It is in the LAMB's community's interest to help Kingsbury raise the $1M it needs to keep the lights on a little longer and give the courts time to rule, if they really want that building.

It’s in everyone’s interest for the group of neighbors, aka CNDI-LA, to drop their court appeal and allow the transaction to go through. That’s the simplest and fastest way to help Kingsbury.

Untrue. Many families are planning on leaving lamb (and some have already left) when the school moves to Kingsbury.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It is in the LAMB's community's interest to help Kingsbury raise the $1M it needs to keep the lights on a little longer and give the courts time to rule, if they really want that building.

It’s in everyone’s interest for the group of neighbors, aka CNDI-LA, to drop their court appeal and allow the transaction to go through. That’s the simplest and fastest way to help Kingsbury.

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It is in the LAMB's community's interest to help Kingsbury raise the $1M it needs to keep the lights on a little longer and give the courts time to rule, if they really want that building.

It’s in everyone’s interest for the group of neighbors, aka CNDI-LA, to drop their court appeal and allow the transaction to go through. That’s the simplest and fastest way to help Kingsbury.

Untrue. Many families are planning on leaving lamb (and some have already left) when the school moves to Kingsbury.

Not really sure how that’s relevant even if true.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It is in the LAMB's community's interest to help Kingsbury raise the $1M it needs to keep the lights on a little longer and give the courts time to rule, if they really want that building.

It’s in everyone’s interest for the group of neighbors, aka CNDI-LA, to drop their court appeal and allow the transaction to go through. That’s the simplest and fastest way to help Kingsbury.

Untrue. Many families are planning on leaving lamb (and some have already left) when the school moves to Kingsbury.

Not really sure how that’s relevant even if true.

School definitely moving within the next 3 years, even if Kingsbury falls through.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It is in the LAMB's community's interest to help Kingsbury raise the $1M it needs to keep the lights on a little longer and give the courts time to rule, if they really want that building.

It’s in everyone’s interest for the group of neighbors, aka CNDI-LA, to drop their court appeal and allow the transaction to go through. That’s the simplest and fastest way to help Kingsbury.

Untrue. Many families are planning on leaving lamb (and some have already left) when the school moves to Kingsbury.

Not really sure how that’s relevant even if true.

School definitely moving within the next 3 years, even if Kingsbury falls through.

This is a lie. Please don’t spread lies on here.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It is in the LAMB's community's interest to help Kingsbury raise the $1M it needs to keep the lights on a little longer and give the courts time to rule, if they really want that building.

It’s in everyone’s interest for the group of neighbors, aka CNDI-LA, to drop their court appeal and allow the transaction to go through. That’s the simplest and fastest way to help Kingsbury.

Untrue. Many families are planning on leaving lamb (and some have already left) when the school moves to Kingsbury.

Not really sure how that’s relevant even if true.

Lamb loses money with every 1-5th kid that leaves.

I guess it’s not relevant to you that others lose out on a lamb education as long as your kids are fine. Nice attitude.

I guess you still see us as “spies” right?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Schools, even charters, are by right uses in residential zones. Pretty much every zone. Other than relief for parking requirements through BZA I don’t think it’s gonna be that big of a hurdle to clear honestly.

There is no guarantee that whatever is left of Kingsbury's board will agree to sell to a school. If they don't own the building outright it could wind up in a bank's hands.

You mean another school? Not quite following this comment. Aren’t they currently set to sell to Lamb if the courts allow?

Kingsbury is closing. They are out of money. This decision was only made in the last month. If they have debt and default on it, which is likely as they will have no income soon, their assets (including the building) will go to any lenders.

The lenders will not necessarily be under any obligation to honor the Kingsbury's agreement/plans with LAMB.

I think everything is up in the air.

In that scenario the bankruptcy court will likely be the ones overseeing the disposal of assets. Any contracts the school has will be invalidated by bankruptcy, the court's obligation will be to maximize recovery for the creditors.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Schools, even charters, are by right uses in residential zones. Pretty much every zone. Other than relief for parking requirements through BZA I don’t think it’s gonna be that big of a hurdle to clear honestly.

There is no guarantee that whatever is left of Kingsbury's board will agree to sell to a school. If they don't own the building outright it could wind up in a bank's hands.

You mean another school? Not quite following this comment. Aren’t they currently set to sell to Lamb if the courts allow?

Kingsbury is closing. They are out of money. This decision was only made in the last month. If they have debt and default on it, which is likely as they will have no income soon, their assets (including the building) will go to any lenders.

The lenders will not necessarily be under any obligation to honor the Kingsbury's agreement/plans with LAMB.

I think everything is up in the air.

In that scenario the bankruptcy court will likely be the ones overseeing the disposal of assets. Any contracts the school has will be invalidated by bankruptcy, the court's obligation will be to maximize recovery for the creditors.

Lamb might pull it off. I personally did not think kingsbury was a good move, but it will be a blow for sure.