It's not a bad deal for DC taxpayers. The neighborhood association is a powerful one. They've been fighting Lab since day one. It's the same group that halted renovations for the Safeway. They don't want renovations in their neighborhood. Period. So if Lab doesn't get an extended lease, they won't do renovations and will find a different location. If Lab finds a different location, DCPS will just rent out the space again, but will need to find a tenant. So the building might remain vacant with DCPS loosing out on money for the lease. Regardless, it wouldn't be able to touch the Hardy building for the next 7 years in any case. So people complaining of current DC being overcrowded, ask DCPS their plan. The Hardy building won't figure into it for nearly a decade. |
These are the same neighbors who did just go through renovations to the main Lab school and also to the German embassy. Safeway pulled out of the renovation due to it being sold to a new parent company vs. that the neighborhood 'stopped' it. Obviously the parents of Lab parents are fighting to keep the building and status quo - but seriously spreading misinformation to push it... vs. the neighborhood families who want to at least explore and consider other options for the space and opportunities to help meet needs in our neighborhood and that our tax dollars are paying for. |
Cool story bro on wanting to explore other options to meet the needs of the neighborhood. The neighborhood won't be happy until DCPS is on the hook with a space it can't rent or use. Safeway pulled out b/c of neighborhood opposition: https://ggwash.org/view/40885/housing-atop-georgetowns-safeway-would-have-strengthened-the-neighborhood https://www.washingtonpost.com/blogs/mike-debonis/wp/2014/10/06/safeways-palisades-plans-at-issue-in-tuesday-d-c-council-vote/?utm_term=.bf15cb150b3b Your "explorations" will turn your into a food desert when Safeway closes it's doors. |
Right now the DCPS renovations list stretches ten years into the future. If they start planning they'll be able to start renovating when it comes off of lease. The timing is actually pretty good. |
They haven't the budget to renovate it. If Lab moves out, they'll lease it again like the did b/f Lab was there. |
Utter nonsense (and a complete Lab School fabricated talking point). DCPS has billions for renovations. They've been spending a ton of money in neighboring schools trying to find creative ways to pack all the kids in. |
| Why is Lab paying only 80,000/year to rent a building on a 50,000 square foot lot? There are houses on 7,000 square foot lots that go for a similar amount of rent per year in the private market...and they get to deduct rent for each dollar they pay in renovations? That's a sweetheart deal for a school that charges DCPS 45k per year per student they accept. |
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this sneakiness is unsettling
But I do understand that getting a 15 yr loan for renovations on a building you will only access for 7 yrs could be problematic I'd think a 15 year lease should be more acceptable |
So Lab covers the cost of a yearly lease by picking up two kids? How very Trumpian. |
The rent is set so that Lab never pays anything. They've already said they're going to put $2 million into the property. They get to deduct dollar for dollar their capital improvements. So their net rent for the first twenty-five years is ... zero. Economically, it's indistinguishable from a give-away. In fact, you could argue that a lease where you don't have to pay anything is better than being given the property, because you're shielded from some liability. |
Aren't they talking about a 50 yr lease? 25 years with the option to extend for an additional 25? Not seeing why Grosso is championing this. |
darn, tis really is giving the DC taxpayer the shaft.... |
Financial aid isn't really part of their business model. Public funding is. When they say that 26% of their students come from DCPS, what they omit to say is that most of the rest of their students come from other public systems. The big ones are Montgomery and Prince Georges counties, you'll see MCPS and PGCPS buses going down MacArthur Boulevard every morning. So to the extent that this give-away helps reduce the burden on taxpayers of special education, most of the benefit is going to taxpayers in other jurisdictions. |
And there is no requirement in the lease that they provide any specific benefit to DCPS, or continue providing special ed, or even that they remain a school or a non-profit. They could re-incorporate as a for-profit and still hang onto the building for nothing. |
And a FIFTY YEAR commitment from the people of DC is being rushed through, during the week before Christmas, on an "emergency" basis. I wrote my council member and told her what I thought, as well as all the at-large council members. I hope you will all do the same with the email addresses posted earlier in the thread. |