It was not that long ago that Alphonse Fletcher Jr.’s fifth-floor apartment at the Dakota on the Upper West Side was a salon for wealthy and famous guests who traded ideas and chatter at his popular parties. Mr. Fletcher, an accomplished financier, opened his home to fellow Harvard alumni for fund-raising events, and to fellow black notables like Anna Deavere Smith and Anita Hill, two of more than three dozen people who have been given the honor of being Fletcher Fellows, each one receiving a $50,000 stipend from him …
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