F-Line to Dudley
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Re: B.U. East Campus Center (100 Bay State Rd)
I just got the most recent quarterly issue of the Bostonia BU alum magazine. Cover story was a largely fluff piece on the university's revival under Bob Brown. Most interesting point was how changing their investment portfolio has recovered much of the lost endowment cash that they squandered in the mid-00's market decline with shoddy higher-risk stocks during the incompetent late-era Westling and interim-Silber administrations. That whole leadership chaos and fiscal mismanagement threatened their building boom, which looked like it was going to slow considerably once existing projects finished. Partly because they pissed off so many alumni donors that they were no longer getting much in the way of construction gifts from big-cash donors. But now it looks like they're planning to reload for a second push.
I don't know if this is actual financial robustness...their PR whitewash machine is pretty airtight, and as an alum I don't even flinch anymore at how much we're being spun. But I guess Brown deserves some considerable credit for cleaning things up. Now if they could just get away from the bland beige campus architecture fetish as further distancing from the bad old Silber days...
I just got the most recent quarterly issue of the Bostonia BU alum magazine. Cover story was a largely fluff piece on the university's revival under Bob Brown. Most interesting point was how changing their investment portfolio has recovered much of the lost endowment cash that they squandered in the mid-00's market decline with shoddy higher-risk stocks during the incompetent late-era Westling and interim-Silber administrations. That whole leadership chaos and fiscal mismanagement threatened their building boom, which looked like it was going to slow considerably once existing projects finished. Partly because they pissed off so many alumni donors that they were no longer getting much in the way of construction gifts from big-cash donors. But now it looks like they're planning to reload for a second push.
I don't know if this is actual financial robustness...their PR whitewash machine is pretty airtight, and as an alum I don't even flinch anymore at how much we're being spun. But I guess Brown deserves some considerable credit for cleaning things up. Now if they could just get away from the bland beige campus architecture fetish as further distancing from the bad old Silber days...
