The Catholic Archdiocese of Boston has agreed to sell its ornate archbishop's residence and 43 surrounding acres to Boston College for nearly $100 million and could sell more land in two years for $8 million more
Christian Century, May 18, 2004
* The Catholic Archdiocese of Boston has agreed to sell its ornate archbishop's residence and 43 surrounding acres to Boston College for nearly $100 million, and could sell more land in two years for $8 million more. The deal announced April 20 gives the cash-strapped archdiocese money to help finance an $85 million settlement with victims of clergy sexual abuse.
It also gives the Jesuit-run college needed room to expand. Under the deal, the Catholic-related college would acquire the archbishop's mansion, a former high school seminary, a retreat house and 43 acres in suburban Brighton for $99.4 million. "It is good that we have been able to keep the property within die Catholic family," said Archbishop Sean O'Malley, who chose to live at the rectory of the Cathedral of the Holy Cross.
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