Monday, April 12, 2010

Multi-Million Dollar Jesuit Housing Up For Sale

Lindsay Allison of Hammond Residential Real Estate, four of the houses were presented in a package because the lots were contiguous in part and under common ownership for more than two years. Those houses are at 40 and 42 Kirkland Road, 7 Kirkland Road and 20 Summer St., listed at $6.8 million. The other three single-family houses — at 13-15 Avon St., 66 Oxford St. and 12 Linnaean St. — were listed at $1.9 million, $1.5 million and $1.2 million, respectively. Allison — who did not reveal the identity of the buyers — said the sales would be completed between Aug. 15 and Sept. 30, during which time the Jesuits will move a new development on a five-acre site on Boston College’s Brighton campus. Thirteen offers were submitted and accepted for the properties, she said. The Weston Jesuit School of Theology, now located on Phillips Place, has been in existence since 1922, first as Weston College and later as the Weston School of Theology. Fifty years ago, it was integrated into Boston College under the umbrella of the Boston Theological Institute. It became the Weston Jesuit School of Theology in 1994.
Link (here)  
Photo (here) of 15 Avon Street Cambridge, MA


Anonymous said...

There is a story flying about that the local authority wanted to buy these properties for social housing, a move supported by the Jesuits. Then Harvard made a considerably increased offer which the Jesuits accepted with alacrity. So much for the preferential option for the poor. Is this story true, Frommage? I think we should be told.

Joseph Fromm said...

There seems to be no truth to that rumor. They are on prime property that Harvard has grown around and in
these economic times, only Harvard has the economic resources to close the deal. It is doubtful that the homeless could be sheltered in residential area. Homeless shelters are a commercial operation.