Not Our Blunder

To the Editor:

I read with interest your article "Major Real Estate Deal Provides Stern With Sorely Needed Space," in The Commentator issue of August 23^rd.

While covering the real estate picture in an accurate fashion, your article contains a gross error. You state that, according to your sources, the Board of Directors of Stern College for Women committed a "colossal blunder" by refusing to buy the lot next to Stern College when it was put on the market. This is far from the Truth.

In actuality, the Board of Directors of Stern at all times enthusiastically advocated the purchase of this lot. The Board consists of a group of men and women dedicated to the welfare and advancement of Stern College. It was the opinion that the College would be well served by acquisition of this land, which would then provide an ideal location for the necessary expansion of the College.

Mr. David Yagoda, then Chairman of the Board and head of its Real Estate Committee, personally, and with the full endorsement of the Board, pleaded for the purchase of the property. The Board was so anxious to obtain the lot that even after it was sold, efforts were made to negotiate with the new buyers to get the property back for Stern to no avail. If indeed, throughout all this a colossal blunder occurred, the Board of Directors of Stern College bears no responsibility.

In view of the disturbing distortion of facts printed in the The Commentator, we feel that a retraction is in order and look forward to reading it on the front page of your next issue.

Lea Eisenberg
Chairman
Board of Directors of Stern College for Women