Whittle

[Anonymous]

Anonymous wrote:Maret is too small and enrolled at capacity to take any transfers.

This is DC where it’s not what you know but who you know.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Link to the above Bisnow article (which includes a few further links) : https://www.bisnow.com/washington-dc/news/commercial-real-estate/cbre-faces-lawsuit-from-client-on-dc-deal-seeking-over-115m-in-damages-113629

Thanks for posting that article. Some solid substance in there, unlike the PR-sourced WaPo and Business Journal articles.

SL 4000 Connecticut LLC and BL Connecticut LLC ( 601W) v CBRE, Inc

The complaint in this case breaks open the fraudulent representations made to parents, teachers and funders..it's worth reading.
While Whittle was telling the press he'd raised $700 million, we now see that they were already totally undercapitalized and desperate-and broke and lying months before the school even opened. and concurrent to Mazza Gallerie recruiting going at full force.

In Jan 2019 "Turner ( construction) informed Plaintiffs that it would walk off the job if it did not receive the $15M letter of credit plus additional monies that the Whittle School had failed to pay. As a consequence, Plaintiffs were forced to deposit a $10M security deposit with Turner as a result of the Whittle School's failure to do so in order to keep the project alive" This was happening WHILE they were serving champagne and fancy canapes and bragging about their war chest of cash from investors worldwide.

There's much more in this complaint--kickbacks to Whittle, fraudulent term sheets misrepresenting Chinese investment..it goes on and on. Whittle will be sued now for fraud because CBRE will claim they didn't know better..

The question still remains : where was the Board in all of this? How negligent could they have been? And yes, Bisgaard must have known they stopped paying rent mid year , and didn't pay for insurance and couldn't make payroll all while he was encouraging parents to re-enroll and faculty to renew contracts.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Link to the above Bisnow article (which includes a few further links) : https://www.bisnow.com/washington-dc/news/commercial-real-estate/cbre-faces-lawsuit-from-client-on-dc-deal-seeking-over-115m-in-damages-113629

Thanks for posting that article. Some solid substance in there, unlike the PR-sourced WaPo and Business Journal articles.

SL 4000 Connecticut LLC and BL Connecticut LLC ( 601W) v CBRE, Inc

The complaint in this case breaks open the fraudulent representations made to parents, teachers and funders..it's worth reading.
While Whittle was telling the press he'd raised $700 million, we now see that they were already totally undercapitalized and desperate-and broke and lying months before the school even opened. and concurrent to Mazza Gallerie recruiting going at full force.

In Jan 2019 "Turner ( construction) informed Plaintiffs that it would walk off the job if it did not receive the $15M letter of credit plus additional monies that the Whittle School had failed to pay. As a consequence, Plaintiffs were forced to deposit a $10M security deposit with Turner as a result of the Whittle School's failure to do so in order to keep the project alive" This was happening WHILE they were serving champagne and fancy canapes and bragging about their war chest of cash from investors worldwide.

There's much more in this complaint--kickbacks to Whittle, fraudulent term sheets misrepresenting Chinese investment..it goes on and on. Whittle will be sued now for fraud because CBRE will claim they didn't know better..

The question still remains : where was the Board in all of this? How negligent could they have been? And yes, Bisgaard must have known they stopped paying rent mid year , and didn't pay for insurance and couldn't make payroll all while he was encouraging parents to re-enroll and faculty to renew contracts.

Nice to know that Mr. Warm Visionary Who Thinks and Cares So Much About Education continues his long tradition of making cute little side deals on every project. Deals that benefit him alone and that he keeps secret even from the people who imagine they're his partners.

I'd be shocked if he hasn't squirreled away quite a bit of the proceeds from those deals in unreachable offshore accounts over the decades, too. Making him much less broke than he's now pretending to be. I find this crying poor stuff unconvincing from a profsesional scammer.

[Anonymous]

Ok can we get back to why people would prefer this obvious con job to DCPS JKLMs or other privates they could presumably get into?

[Anonymous]

Anonymous wrote:Ok can we get back to why people would prefer this obvious con job to DCPS JKLMs or other privates they could presumably get into?

Probably at this point no one would prefer it. There might be a few who feel like they have no other options (maybe neighborhood school has safety issues, is a horrible fit.for some reason, etc).

[Anonymous]

Meanwhile, the school's still advertising via tweet. Including showing off how great their building is for student learning....

The building for which the first court hearing about their eviction is now less than two months away.

[Anonymous]

Can anyone provide a link to the full complaint? Would be curious to read more details.

[Anonymous]

Whittle School & Studios
@WhittleSchool
Unknown
We know that students learn more effectively when surrounded by natural light, so that’s exactly what we did. ☀️😎 (with photos)
#WhittleSchool #EarlyLearning #ElementarySchool #LowerSchool #MiddleSchool #UpperSchool #PrivateSchool #WashingtonDC #Campus #Tour
2:56 PM · Jun 30, 2022

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ok can we get back to why people would prefer this obvious con job to DCPS JKLMs or other privates they could presumably get into?

Probably at this point no one would prefer it. There might be a few who feel like they have no other options (maybe neighborhood school has safety issues, is a horrible fit.for some reason, etc).

If someone thinks this dumpster fire of grift is their only option then they shouldn’t be in charge of a child’s life.

[Anonymous]

Are we talking about Maret again?

[Anonymous]

Anonymous wrote:Are we talking about Maret again?

No.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ok can we get back to why people would prefer this obvious con job to DCPS JKLMs or other privates they could presumably get into?

Probably at this point no one would prefer it. There might be a few who feel like they have no other options (maybe neighborhood school has safety issues, is a horrible fit.for some reason, etc).

But even if they had students, who in the world would be willing to work there? There's a huge teacher shortage. They could go literally anywhere. Why would anyone work at Whittle?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Ok can we get back to why people would prefer this obvious con job to DCPS JKLMs or other privates they could presumably get into?

Probably at this point no one would prefer it. There might be a few who feel like they have no other options (maybe neighborhood school has safety issues, is a horrible fit.for some reason, etc).

But even if they had students, who in the world would be willing to work there? There's a huge teacher shortage. They could go literally anywhere. Why would anyone work at Whittle?

Some teachers prefer autonomy even though the paychecks are unsteady.

[Anonymous]

Anonymous wrote:

Anonymous wrote:He has, and for decades. Boggles the mind that anyone with access to Google would ever go work for him

Google is restricted in China.

The riddle is Whittle.

[Anonymous]

Anonymous wrote:Can anyone provide a link to the full complaint? Would be curious to read more details.

https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=xGYMqCG7dB4dorAuCNoDlA==

Hope this works. Well worth a read.