Boston, Mass., May 17, 2004 / 22:00 pm
The Archdiocese of Boston has agreed to sell its archbishop’s residence and 43 acres surrounding it to Boston College for $99.4 million, reported RNS.
The deal was announced April 20. The sale will give the archdiocese the much-needed funds to help pay an $85-million settlement with victims of clergy sexual abuse.
In two years, the archdiocese also plans to sell another 3 acres of land for around $8 million.
Archbishop Sean O’Malley was saddened that the property had to be sold, but was pleased that the archdiocese settled on the offer proposed by the Jesuit-run college.