Different eyes read differently. Stratum appears to be promising some
kind of new, top-end rental unit that's been tested on comparable
student markets elsewhere.. If that's so, it can't be modeled on the
Quad; it would have to be something the Quad isn't. Maybe the top end of
the student rental market is not motivated by a room & board package.
The top end of the rental market in general is not a room & board package.
Why is it so important that "Penn owns the real estate, and needs
outfits to manage whatever businesses are installed"? If Donald Trump or
Arthur Ross or Osama Bin Laden or Al Krigman owned the real estate,
wouldn't they too need outfits to manage whatever businesses are
installed? I don't see you are making any point at all here about what
Penn is doing. What is unique about the way your employer handles these
real estate challenges, Ray? That's where the story begins.
-- Tony West
UNIVERSITY*CITOYEN wrote:
Isabel Lugo wrote:
$200 a month isn't negligible, and that sentence to me feels like it's
deliberately constructed to hide somehing. And it seems incredibly
disingenuous to fold the meal plan into the comparison, unless Stratum
is *also* going to be feeding people.
from the article, it sounded like stratum was going to 'imitate'
(compete with?) penn's college house system, with hired student
resident advisors and programming and whatnot (maybe even harry potter
logos?) -- all to go along with the resort-style amenities like
tearooms and tanning beds.
all these comparisons are interesting (and I always get a laugh when
they say things like how it won't impact the landlords in our
neighborhood), but the important thing is that penn owns the real
estate, and needs outfits to manage whatever businesses are installed.
it doesn't matter whether it's lemonade stands or pink lemonade stands
or organic varietal heirloom lemonade stands -- the onus is on these
businesses to make it work, and I'm sure they'll do whatever it takes
(or leave). expect more of the same when the postal lands are
developed (attracting venture capital, I think it's called).
[aka ray]
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