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Reply to "Getting the GDS mojo back"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sure, you wouldn't hear it in those contexts (or from teachers). Fundraising, campus consolidation, HS course offerings, discipline, extra-curriculars, and admissions are the contexts in which I've heard parents and administrators bring Sidwell up. [/quote] Campus consolidation - come on. Many schools on one campus were mentioned - Maret, NCS, Sidwell, StA. Please.[/quote] GDS's consolidation was originally touted as a way to gain a competitive advantage over Sidwell specifically. Obviously, it wouldn't have given us an edge over Maret or the Cathedral Schools, each of which already had a single campus (or close to it). Nor did anyone claim that GDS had been losing students to Maret or STA/NCS over our split campus set-up. And no one mentioned WIS as a (two campus) school GDS would compete more successfully with if it consolidated. It really was all about Sidwell for some advocates. Sounds foolish now because Sidwell will consolidate faster and cheaper, with much less disruption and much more space than GDS will -- but that was one of the big selling points for the project at the time the land sales wereammpunced.[/quote] I attended three meetings on campus consolidation and no one ever indicated it was a horse race. Nearly every discussion revolved around parents' preference for kids to be on one campus. GDS is half the age of most of the upper NW privates. It bought what it could afford. [/quote] [b]GDS paid twice the assessed value of the land[/b], bought land it apparently did not intend to use for school facilities, took on substantial debt to do so, and did so without a commitment from a development partner. GDS is paying all the land assembly, permitting, and predevelopment costs for a commercial project. In short, it got suckered into spending much more than it could afford. Greed and gullibility -- not frugality or financial constraints -- are the factors that drove the school's decisionmaking in this instance. [/quote] Is this really true? According to whom? Zillow? :roll: [/quote]
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