Anonymous wrote:So the Sidwell faithful's best moral defense is, "That's capitalism"?
Nice. F THE POOR!
Anonymous wrote:Anonymous wrote:Anonymous wrote:If the WH board was truly motivated to get the best price for the property to fund future hospice care services, why did they not market the property instead of entering into a confidential private sale with Sidwell? The NW DC real estate market is hot, and with competitive bidding it's easy to imagine that the price would have gone much higher. What if a much-maligned developer was willing to pay 30%-50% more for the property? If the property would sell at a premium for development because that is its highest and best use, wouldn't that have been in the WH's long-term interest? Maybe the fairest solution, if the WH board really is going to sell, is for Sidwell to stand aside and agree that WH can have a new, competitive tender, with Sidwell and other interested parties putting forward their best offers?
Are you kidding? Being Quaker doesn't mean you have an obligation to be a doormat. The WH made a deal. It can use all of its profits to assist its residents in relocating if it so chooses. Sidwell will need to move forward selling the Bethesda campus, making financial and other plans for the move, and returning it's go he to its mission of educating children. It is not a school's job, Quaker or not, to second guess whether a facility should continue providing residential care, nor does it have any obligation to delay it's plans so that others can navel gaze about whether another bidder would have provided a better offer. Where do people get these ideas? If you have a problem with how the WH spends $32 million, raise it with them. Sidwell has absolutely no business telling the WH hiw to run its business or what's best for its clients/residents.
Translation: Sidwell has no obligation to have empathy let alone a moral conscience concerning the sick and elderly.[/quote
$32 million is a lot of empathy in my book. It's just not the schools business to tell WH how to run its business. Explain why a school is better placed, and has a the responsibility, to ensure another organization makes good in its legal or ethical commitments. This is just nuts.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:If the WH board was truly motivated to get the best price for the property to fund future hospice care services, why did they not market the property instead of entering into a confidential private sale with Sidwell? The NW DC real estate market is hot, and with competitive bidding it's easy to imagine that the price would have gone much higher. What if a much-maligned developer was willing to pay 30%-50% more for the property? If the property would sell at a premium for development because that is its highest and best use, wouldn't that have been in the WH's long-term interest? Maybe the fairest solution, if the WH board really is going to sell, is for Sidwell to stand aside and agree that WH can have a new, competitive tender, with Sidwell and other interested parties putting forward their best offers?
Are you kidding? Being Quaker doesn't mean you have an obligation to be a doormat. The WH made a deal. It can use all of its profits to assist its residents in relocating if it so chooses. Sidwell will need to move forward selling the Bethesda campus, making financial and other plans for the move, and returning it's go he to its mission of educating children. It is not a school's job, Quaker or not, to second guess whether a facility should continue providing residential care, nor does it have any obligation to delay it's plans so that others can navel gaze about whether another bidder would have provided a better offer. Where do people get these ideas? If you have a problem with how the WH spends $32 million, raise it with them. Sidwell has absolutely no business telling the WH hiw to run its business or what's best for its clients/residents.
Translation: Sidwell has no obligation to have empathy let alone a moral conscience concerning the sick and elderly.
The sound you hear is the sound of sarcasm whizzing over your head. Can't believe you thought it was a serious post.
Exactly.
Taking it a bit further: If a tax-exempt educational institution such as Sidwell has "no obligation to have empathy let alone a moral conscience concerning the sick and elderly," why should tax-paying companies do?
Obama hypocrisy, exposed. It's always easier to preach others what to do than to do it yourself.
Anonymous wrote:Anonymous wrote:Anonymous wrote:If the WH board was truly motivated to get the best price for the property to fund future hospice care services, why did they not market the property instead of entering into a confidential private sale with Sidwell? The NW DC real estate market is hot, and with competitive bidding it's easy to imagine that the price would have gone much higher. What if a much-maligned developer was willing to pay 30%-50% more for the property? If the property would sell at a premium for development because that is its highest and best use, wouldn't that have been in the WH's long-term interest? Maybe the fairest solution, if the WH board really is going to sell, is for Sidwell to stand aside and agree that WH can have a new, competitive tender, with Sidwell and other interested parties putting forward their best offers?
Are you kidding? Being Quaker doesn't mean you have an obligation to be a doormat. The WH made a deal. It can use all of its profits to assist its residents in relocating if it so chooses. Sidwell will need to move forward selling the Bethesda campus, making financial and other plans for the move, and returning it's go he to its mission of educating children. It is not a school's job, Quaker or not, to second guess whether a facility should continue providing residential care, nor does it have any obligation to delay it's plans so that others can navel gaze about whether another bidder would have provided a better offer. Where do people get these ideas? If you have a problem with how the WH spends $32 million, raise it with them. Sidwell has absolutely no business telling the WH hiw to run its business or what's best for its clients/residents.
Translation: Sidwell has no obligation to have empathy let alone a moral conscience concerning the sick and elderly.
Anonymous wrote:Anonymous wrote:If the WH board was truly motivated to get the best price for the property to fund future hospice care services, why did they not market the property instead of entering into a confidential private sale with Sidwell? The NW DC real estate market is hot, and with competitive bidding it's easy to imagine that the price would have gone much higher. What if a much-maligned developer was willing to pay 30%-50% more for the property? If the property would sell at a premium for development because that is its highest and best use, wouldn't that have been in the WH's long-term interest? Maybe the fairest solution, if the WH board really is going to sell, is for Sidwell to stand aside and agree that WH can have a new, competitive tender, with Sidwell and other interested parties putting forward their best offers?
Are you kidding? Being Quaker doesn't mean you have an obligation to be a doormat. The WH made a deal. It can use all of its profits to assist its residents in relocating if it so chooses. Sidwell will need to move forward selling the Bethesda campus, making financial and other plans for the move, and returning it's go he to its mission of educating children. It is not a school's job, Quaker or not, to second guess whether a facility should continue providing residential care, nor does it have any obligation to delay it's plans so that others can navel gaze about whether another bidder would have provided a better offer. Where do people get these ideas? If you have a problem with how the WH spends $32 million, raise it with them. Sidwell has absolutely no business telling the WH hiw to run its business or what's best for its clients/residents.
Anonymous wrote:If the WH board was truly motivated to get the best price for the property to fund future hospice care services, why did they not market the property instead of entering into a confidential private sale with Sidwell? The NW DC real estate market is hot, and with competitive bidding it's easy to imagine that the price would have gone much higher. What if a much-maligned developer was willing to pay 30%-50% more for the property? If the property would sell at a premium for development because that is its highest and best use, wouldn't that have been in the WH's long-term interest? Maybe the fairest solution, if the WH board really is going to sell, is for Sidwell to stand aside and agree that WH can have a new, competitive tender, with Sidwell and other interested parties putting forward their best offers?
Anonymous wrote:Anonymous wrote:
I guess we won't ever know if this is a fair price, since there was never an open bid.
Your issue should be with The Washington Home Board who mismanaged the organization and sold the property.
Anonymous wrote:Anonymous wrote:... It is, and should be morally shameful, to take advantage of financial distress. If your neighbor lost his job, his wife was ill, and they had to sell their car in order to pay their bills, do you think it's the morally right thing to pay below market value because they desperately need the money? Do you invest in high-interest check-cashing store fronts?
What kind of BS are you trying to make up here? WH had revenue of almost $42 million last year. WH is a big business. It's not your neighbor who lost his job; it's not some public charity. The people running WH recognized that their business model of on-site hospice care was running against the current of the in-home care most of its customers want, so it decided to sell their bricks-and-mortar facility to re-focus the business. If you have a problem with that business decision, or if you think WH should have driven a harder bargain, then take it up with the CEO or the Board of Directors. http://990s.foundationcenter.org/990_pdf_archive/530/530196647/530196647_201406_990.pdf?_ga=1.198981611.517546103.1446494923
Anonymous wrote:
I guess we won't ever know if this is a fair price, since there was never an open bid.