I have tried to cover the battle for the
There is a business man who believes that he can save the Brooklyn school (not the campus which is the subject of a legal battle) and is planning to put up his own money to do so. Mr. Abilevitz, a parent of a student and owner of a pharmacy on Kings Highway in Flatbush, believe he been reviewing the financial records and believes he has identified the source of the steep losses. He claims that by eliminating inefficiencies and tightening up tuition collections that he can turn the school around and get it out of the red.
And, he is willing to put hundreds of thousands of his own dollars into the school during the turn around.
I don't quite know what to say except that it is likely that the same inefficiencies that he has identified are the argument that one of my commentors made in a previous post about the need to bring in outside consultants to make the hard cuts and tighten the bolts is likely true.
Read and leave your comments.