NEW HAVEN: The $150 million donation from Blackstone co-founder and Yale alumnus, Stephen A. Schwarzman, to create a “world-class” campus center by renovating the historic Commons and Memorial Hall is generating an online auction of the existing furniture and fixtures.
The Schwarzman Center is expected to be completed in 2020 to provide a central location for students to meet, eat, and view performing arts.
The Univesrity is auctioning off furniture, fixtures, appliances, and kitchen equipment from the first two floors of the building, through two online auctions at www.RestaurantEquipment.bid.
Items in the auction include professional-grade kitchen equipment, appliances, fixtures, tables, and more than 1,000 chairs. Two auctions will be launched: one for items from the first floor of Commons and one for those from the basement floor, ending Jan. 11 and Jan. 18 respectively.
Bidding for all items starts at $1, no matter what the item is, even the kitchen’s giant conveyor-driven dishwasher with a sticker price exceeding $50,000. Starting the bidding at $1 ensures that anyone who can provide a home for the items has a chance at winning them, officials said, noting that the hope is that many of these pieces will be bid on by Yale students, faculty, and alumni who have a connection to Yale and the history of Commons.