Save the Villa Spelman

Information for the supporters of the movement to stop the Johns Hopkins University from selling the Villa Spelman.

September 14, 2007

Update on the Sale of the Villa

At the meeting of the department chairs on Friday, September 7, Dean Falk officially announced the sale of the Villa Spelman to an anonymous Italian gentleman.

Unofficial reports put the sale figure at 13 million euro, which at the current exchange rate of $1=0.72 euro as of 9/14/07 is about $18,051,800.

The university plans to put some of the money from the sale towards humanities graduate student stipends, the amount of which remains undisclosed. This so far accords with Dean Falk's earlier stated intentions in his public letter, posted at http://www.krieger.jhu.edu/pages/villa.htm.

Efforts to continue some type of program for graduate student study abroad proceed, but it is so far not clear what resources will be made available to operate these.
posted by Ryan Gregg at 5:42 PM