Back to Boston.com homepage Arts | Entertainment Boston Globe Online Cars.com BostonWorks Real Estate Boston.com Sports digitalMass Travel The Boston Globe Spotlight Investigation Boston.com Abuse in the Catholic Church
HomePredator priestsScandal and coverupThe victimsThe financial costOpinion
Cardinal Law and the laityThe church's responseThe clergyInvestigations and lawsuits
Interactive2002 scandal overviewParish mapExtrasArchivesDocumentsAbout this site
2014 update: the Globe is launching

Crux, a Catholic news site

Please visit there for continuing Globe coverage of all Catholic issues.
 Latest coverage

April 7
Vt. church in record settlement

March 14
In Albany, bishop profile raised
Book Review: Guard of lies

February 28
Church hierarchy faulted
More than 80% of victims male

February 27
Diocese gives abuse data
Abuse peaked in '60s
2d man to aid Dupre case

February 26
Alleged victim to aid probe

February 24
Sniezyk clarifies his remarks

February 23
Prelate: Harm unrecognized

February 21
Springfield report questioned

February 20
Lawyer: Sermon riled accuser

February 17
4% of priests in US accused

February 12
Bishop resigns after claims

February 6
Arlington priest cited in suit

Earlier stories

Spotlight Report

Statement of the Archdiocese of Boston and Boston College on sale of part of Brighton campus

4/20/2004

The Archdiocese of Boston and Boston College have reached an agreement in principle for the purchase and sale of 43 acres of the Archdiocese’s Brighton campus which includes the former archbishop’s residence and adjoining acreage for a purchase price of $99.4 million.

An additional proposal for the acquisition by Boston College of the Lake Street Tribunal property in two years for a purchase price of $8 million has also been agreed to in principle. As previously announced, proceeds from the sale of these properties will be used to pay off the $90 million in loans taken out by the Archdiocese of Boston in payment of the legal settlement of cases involving clergy sexual abuse of minors.

“I am pleased that we were able to come to an agreement in this matter so quickly,” said Archbishop Sean O’Malley. “It was very important for us as an Archdiocese to clearly show how the funds for the settlement were raised. While I am saddened that a large piece of our Brighton campus had to be sold to this end, I am pleased that the offer by Boston College was the one that we accepted at the end of the sale process. It is good that we have been able to keep the property within the Catholic family.”

“This agreement in principle is a milestone event for Boston College, and I believe it greatly benefits not only Boston College, but also the Archdiocese of Boston and the wider community,” said Boston College President William P. Leahy SJ. “Purchasing this land is a major expenditure for BC, but it helps meet our longstanding need for additional space for playing fields and other campus facilities. I look forward to completing the process with the Archdiocese of Boston and to working with our neighborhood groups and the City of Boston in the months to come.”

In addition to these proposed sales of property, Boston College and the Archdiocese have reached agreement in principle on two additional proposals as to the Brighton campus and the Chancery and St. John’s Seminary properties on it. Under the contemplated agreement, if the Archdiocese of Boston decides to sell the remaining Chancery property within the next ten years, Boston College is required to purchase the property for $20 million dollars. In the case of the remaining St. John’s Seminary property, under the contemplated agreement, if the seminary were to be sold within the next ten years, Boston College would be required to buy the property for $40 million plus an adjustment over the last five years of the agreement. At the end of the respective option periods, Boston College would no longer be required to purchase the properties at the set price but would still retain the right of first refusal regarding any future sale of the properties.

It is the expectation of both the Archdiocese of Boston and Boston College that the final closure date of the sale is to be June 30, 2004.


© Copyright 2004 The New York Times Company
Advertise | Contact us | Privacy policy