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Old 04-23-2012, 11:00 AM
 
Location: Los Altos Hills, CA
36,666 posts, read 67,596,324 times
Reputation: 21255

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And thank goodness--they dont deserve Stanford.

Quote:
Tucked inside the story are also a number of details about why Stanford, which was widely considered a frontrunner to open a its first-ever second campus on Roosevelt Island, abruptly dropped its bid at the last minute.

Betabeat previously reported how Stanford balked at costly penalties for failure to meet deadlines, even if the factors were outside the university’s control, such as toxicity on the Roosevelt Island site. Stanford wasn’t the only institution whose legal teams threw up a red flag. Other universities that applied and those familiar with the city’s development process cited an alarming vulnerability to legal action. Stanford appeared to be particularly insulted by last-minute attempts to pit Stanford against Cornell in an attempt to see which institution would make more concessions.

New Yorker Reveals More Details About NYC’s Botched Tech Campus Deal With Stanford | Betabeat — News, gossip and intel from Silicon Alley 2.0.
Stay unClassy NYC. lol
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