Many of we DU alums have wondered for years just how DU was being run but the recent sale of one of our last real assets at a bargain price is really unexplainable. The Phipps Mansion, tennis house and grounds were given to DU for free some years ago by the Phipps family. DU used the property to host various events as well as leasing to others to create cash flow assumedly to provide maintenance and upkeep. Now, in the middle of a huge economic recession, DU elects to sell off the asset well below the price it has been many times in the past. What is the rush here? Why now? What problems are they facing to make them act so rashly? I am sure all DU would appreciate an honest answer to those questions.

Since the asset was a gift from the Phipps Family, what was their response to the idea DU was to sell it at a bargain price? I cannot imagine it made them feel very good, can you?

Tom White

DU Alumnus, 1976