"The fraternity, Sigma Chi, wants Stanford to pay at least $35 million for not allowing members to move back into 550 Lasuen Mall, where they had been since 1937. That's how much buying new land close to campus and constructing a new building would cost, the lawsuit said. Sigma Chi said its parent corporation has invested an estimated $46 million in the house, and the lease was "renewed indefinitely" in 1976."
"In response, university spokeswoman Luisa Rapport said yesterday that Stanford was surprised to see a new lawsuit concerning the house at 550 Lasuen. Stanford believes the dispute was resolved in a settlement agreement in March 2021 that said Sigma Chi will have the ability to apply for an on-campus house in the future, like other recognized Greek organizations, but isn't guaranteed a return."
"Sigma Chi was suspended for three years in May 2018 after a Stanford investigation found the fraternity provided alcohol to underage students. Sigma Chi was also busted for underage drinking in October 2015. While the investigation found no hazing, the frat was banned from hosting any other social events for the remainder of the fall semester that year. The fraternity was the school's oldest active Greek organization, chartered on campus in 1891."
Sigma Chi, chartered in 1891 and the school's oldest active Greek organization, is suing Stanford for at least $35 million after the university ended the lease on 550 Lasuen Mall. The fraternity says its parent corporation invested about $46 million and that the lease was "renewed indefinitely" in 1976, but Stanford retook the property. Stanford says a March 2021 settlement lets Sigma Chi apply for future on-campus housing but does not guarantee return. Sigma Chi was suspended in May 2018 after a Stanford investigation found it provided alcohol to underage students and faced an earlier underage drinking incident in October 2015.
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