Did it seem odd when Stanford University withdrew from a competition to build a new $2 billion Applied Sciences and Engineering campus in New York City just as officials were about to decide the winner, and Stanford was the perceived front-runner?
A new article published in The Stanford Daily includes the first on-the-record details of what transpired in the negotiating process, and it does not paint the City of New York in a positive light. Caroline Chen provides the details, leaving readers to wonder if the statements made by Stanford officials reflect sour grapes or something more sinister.
"Stanford withdrew its bid for a New York applied sciences and engineering campus because the city repeatedly revised the terms of its offer and could not be trusted as a reliable partner, said Stanford administrators, responding to media reports that Stanford was not adequately prepared for the tough negotiation style of New York officials," writes Chen.
"At the end of the day, Stanford maintains that the bid was worthwhile, even though the proposal cost the University $3 million."
Read the full story: Stanford officials reflect on NYC proposal
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