How Cornell Beat Stanford's Bid to Build an Engineering Campus in NYC
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Re: How Cornell Beat Stanford's Bid to Build an Engineering Campus in NYC
#2Yet another time I want 5 minutes of my life back from reading a betabeat article...when will I learn. To save the rest of you some time...
TLDR: 'But both city officials and Cornell say it was the school’s superior offering that clinched the deal. “The catalyst was that Cornell was beating them in every single category,” said source close to Cornell, citing the speed of construction, the size of the campus, and the amount of students and faculty it will serve.'
Re: How Cornell Beat Stanford's Bid to Build an Engineering Campus in NYC
#3Didn't Stanford drop out? How can you beat someone that didn't even compete?
Re: How Cornell Beat Stanford's Bid to Build an Engineering Campus in NYC
#4Who gives a shit.
Re: How Cornell Beat Stanford's Bid to Build an Engineering Campus in NYC
#5Didn't Stanford drop out? How can you beat someone that didn't even compete?
Yes, Stanford dropped out.
"Stanford University has withdrawn its application to the city of New York to construct an applied sciences and engineering campus on Roosevelt Island."
http://news.stanford.edu/news/2011/december/nyc-campus-12161...
Re: How Cornell Beat Stanford's Bid to Build an Engineering Campus in NYC
#6Yet another time I want 5 minutes of my life back from reading a betabeat article...when will I learn. To save the rest of you some time... TLDR: 'But both city officials and Cornell say it was the school’s superior offering that clinched the deal. “The catalyst was that Cornell was beating them in every single category,” said source close to Cornell, citing the speed of construction, the size of the campus, and the…
Thanks for your comment. Most of our posts on Betabeat take way less than 5 minutes to read. In fact, I'd peg the bulk of the breaking blog posts on news about the campus at about a minute. This was an investigation into the backstory of how the deal for the $2 billion engineering school that could change New York's economy and tech scene went down. Did Stanford drop out because it was going to lose or is Cornell the second choice?
Sometimes things that take two pages to read are worth it, I'm sorry you didn't find that to be the case in this instance, but what you quoted above comes from Stanford and Cornell. Stanford says otherwise:
"A university source familiar with the negotiations said Stanford’s decision to drop out wasn’t based on any one issue, but rather due to “a whole host of things that held them liable for factors outside of [their] control,” such as big-ticket penalties for missed construction deadlines and the city’s desire “to indemnify themselves for any toxicity” at the Roosevelt Island site. Although a Phase II study was commissioned this year, a full scale analysis of the medical dump under the hospital cannot be done until the building is razed. Should serious hazards be uncovered, the school will be on the hook not only for the clean-up but also potentially for resultant delays.”You had a lot of institutions that wouldn’t even apply because of the terms, and they got even more severe in the negotiation process,” said the source."
Re: How Cornell Beat Stanford's Bid to Build an Engineering Campus in NYC
#7Didn't Stanford drop out? How can you beat someone that didn't even compete?
The question is whether Stanford dropped out because they weren't interested or because they were about to lose to Cornell.
Re: How Cornell Beat Stanford's Bid to Build an Engineering Campus in NYC
#8Didn't Stanford drop out? How can you beat someone that didn't even compete?
Yeah, they dropped out because they knew Cornell was going to get it and they preferred to quit rather than lose.
From multiple accounts, Stanford didn't have the same passion/funding/flexibility as Cornell in getting the deal done. Stanford is more prestigious, but that's not the only factor obviously - or why even have an open competiton at all?
Re: How Cornell Beat Stanford's Bid to Build an Engineering Campus in NYC
#9And Cornell is in NY state and probably has more relevant connections with authorities than Stanford...
Re: How Cornell Beat Stanford's Bid to Build an Engineering Campus in NYC
#10Yet another time I want 5 minutes of my life back from reading a betabeat article...when will I learn. To save the rest of you some time... TLDR: 'But both city officials and Cornell say it was the school’s superior offering that clinched the deal. “The catalyst was that Cornell was beating them in every single category,” said source close to Cornell, citing the speed of construction, the size of the campus, and the…
Thanks for your comment. Most of our posts on Betabeat take way less than 5 minutes to read. In fact, I'd peg the bulk of the breaking blog posts on news about the campus at about a minute. This was an investigation into the backstory of how the deal for the $2 billion engineering school that could change New York's economy and tech scene went down. Did Stanford drop out because it was going to lose or is Cornell the…
I thought the article was informative, those clauses in the contract did seem pretty unusual although I agree with them for the city's sake. Good job.