Will Whittle be around next year?

[Anonymous]

Anonymous wrote:A few weeks ago the Whittle die-hards were irate at people on this forum speculating about the school using shady Venmo side transactions to fund student lunches.... And yet here we are... Venmo donations to fund meals for the boarders! Meanwhile CW insisting that hundreds of millions are just within grasp of his greedy little fingertips.... Him and his entire non-leadership team should be ashamed of themselves

It’s “he and his entire leadership team,” not “him and his team.”

[Anonymous]

Is the building sold? Was the auction delayed or canceled? The auction is not listed on the auctioneer's site.

[Anonymous]

Anonymous wrote:Is the building sold? Was the auction delayed or canceled? The auction is not listed on the auctioneer's site.

Gonna be hard to sell.

[Anonymous]

Anonymous wrote:I obviously agree that the notion of WSS purchasing it is absurd. That said, he said that he wants to buy it and intends to be a bidder (he, of course, also said that he’d create, you know, a school and presumably pay teachers).

I can’t imagine the reaction when a TOTALLY separate company, Whittle Real Estate Acquisition Corp, buys the building. They will then put the WSS into bankruptcy, bailing on their debt and owning the building.

I might be giving him way too much credit.

Everything Chris claims is designed to distract attention away from the issue in front of everyone's nose. In this instance, the fact that the school is bankrupt for all practical purposes.

Owning the building doesn't really solve anything. A large (to borrow from Chris' vernacular, "multi hundred million") loan would be required to finance the purchase even if the bank settles for less than it is owed. All that does is trade rent expense for a hefty mortgage bill. And WSS couldn't afford the rent to begin with. The math for this school has never worked and works even less so with dwindling enrollment.

[Anonymous]

Anonymous wrote:

Anonymous wrote:A few weeks ago the Whittle die-hards were irate at people on this forum speculating about the school using shady Venmo side transactions to fund student lunches.... And yet here we are... Venmo donations to fund meals for the boarders! Meanwhile CW insisting that hundreds of millions are just within grasp of his greedy little fingertips.... Him and his entire non-leadership team should be ashamed of themselves

It’s “he and his entire leadership team,” not “him and his team.”

Slow day in the English department at WSS?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:A few weeks ago the Whittle die-hards were irate at people on this forum speculating about the school using shady Venmo side transactions to fund student lunches.... And yet here we are... Venmo donations to fund meals for the boarders! Meanwhile CW insisting that hundreds of millions are just within grasp of his greedy little fingertips.... Him and his entire non-leadership team should be ashamed of themselves

It’s “he and his entire leadership team,” not “him and his team.”

Slow day in the English department at WSS?

I don't think they have an English department left!

[Anonymous]

Anonymous wrote: he said that he wants to buy it and intends to be a bidder

....Twenty dollars ......

[Anonymous]

My law firm is on the rocks. Clients are leaving. Lawyers are leaving.
We can't pay our bills.
But don't worry, we will be buying the building.
Go us!

[Anonymous]

Anonymous wrote:Have any Whittle families been updated on the upcoming auction and what happens after? For instance, what if the school can’t buy the building? What if the school buys the building, but still struggles with operations? I feel like this is such an inflection point.

How delusional can you be to think a school that can’t afford rent or even food would be able to buy a building?

[Anonymous]

Anonymous wrote:Whittle parent here - applied out for next fall and was WL everywhere. We are full pay - so FA is not an issue. How did other kids do with the admission cycle?

I was told that a Whittle family called my child's school, Feynman School, to see if there are still openings for next year so I got curious and started reading this thread. I feel for your community. For those of you waitlisted, we are in the burbs in Montgomery County but will have transportation from NW DC/Chevy Chase/Bethesda. My child has thrived at Feynman for years. If you want to ask me anything, you can email me at [e-mail] I wish you all the best of luck.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Have any Whittle families been updated on the upcoming auction and what happens after? For instance, what if the school can’t buy the building? What if the school buys the building, but still struggles with operations? I feel like this is such an inflection point.

How delusional can you be to think a school that can’t afford rent or even food would be able to buy a building?

Exactly.

[Anonymous]

CW is not delusional, he is a con man that continues to have people help him get away with what he is doing to students, families and employees that are still falling for his lies.

[Anonymous]

Anonymous wrote:

Anonymous wrote: he said that he wants to buy it and intends to be a bidder

....Twenty dollars ......

Chris will soon be portraying himself as a distressed asset investor. Never mind that he is the reason for the distress!

[Anonymous]

The first thing any sane person that buys the building will do is evict the tenant that caused the prior owner to be forced into foreclosure...

[Anonymous]

Anonymous wrote:The first thing any sane person that buys the building will do is evict the tenant that caused the prior owner to be forced into foreclosure...

The building has a ton of functional issues and office leasing sucks right now, and this is a second rate location for office. They should pray that UDC buys the building.