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Private & Independent Schools
Reply to ""The Ethicist" on Sidwell's Hospice Purchase"
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[quote=Anonymous]You could flip it around: TWH ends up rejecting or not entertaining and offer from Sidwell. Instead, it wants to sell to the highest bidder. Probably a mixed use development like Cathedral Commons. Instead of having two years to move the tenants out they give them six months at the most. Instead of preserving the leafy and rolling quality of the residential neighborhood they let it go to a developer who will build whatever they want. Good for the TWH! They got the highest price they could with no regard for the neighbors or the current residents. People would be saying, "Wow. Why wouldn't they let Sidwell give a reasonable offer that would have kept the integrity of the land and the neighborhood and allowed the residents 18 months to find new housing. Seems a shame that they just let it go to the highest bidder." But oh well. That's capitalism.[/quote]
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