{"id":808,"date":"2012-08-13T19:17:00","date_gmt":"2012-08-13T19:17:00","guid":{"rendered":"http:\/\/www.catholicnewsagency.com\/news\/philadelphia-archdiocese-to-sell-major-properties\/"},"modified":"2012-08-13T19:17:00","modified_gmt":"2012-08-13T19:17:00","slug":"philadelphia-archdiocese-to-sell-major-properties","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/catholicnews\/2012\/08\/philadelphia-archdiocese-to-sell-major-properties\/","title":{"rendered":"Philadelphia archdiocese to sell major properties"},"content":{"rendered":"\n<\/head>

Philadelphia, Pa., Aug 13, 2012 \/ 01:17 pm (CNA\/EWTN News<\/a>).- The Archdiocese of Philadelphia has announced it will sell some of its large real estate holdings, including the archbishop\u2019s residence, to reduce operating costs in the face of a multi-million dollar deficit.<\/p>\n

\t\u201cThe decision to sell these properties was not made lightly, but rather after prayer and careful consideration,\u201d Archbishop Charles J. Chaput of Philadelphia said Aug. 13. \u201cSelling these assets will help us as we work to ensure the long-term financial stability and position the archdiocese for future growth. It will also allow us to remain committed to the services and support we provide to the faithful as well as the broader community.\u201d<\/p>\n

\tThe archbishop compared the \u201chard decisions\u201d to what families have to do when their expenses exceed their income.<\/p>\n

\tThe archdiocese expects to sell the archbishop\u2019s residence in a private transaction. It will also sell its Villa Saint Joseph by the Sea property in Ventnor, N.J.<\/p>\n

\tThe villa was built in 1905. It has been a summer vacation home for the archdiocese\u2019s retired priests since 1963. The 9,800-square-foot mansion is on a half-acre property with 17 feet of beach. It has 11 bedrooms, each with its own private bath.<\/p>\n

\tThe Villa Saint Joseph by the Sea, which is minutes from Atlantic City, will be sold at auction by the Max Spann Real Estate & Auction Co.<\/p>\n

\tAlso up for sale will be The Holy Family Center and the northern portion of the Archdiocesan Pastoral Center\u2019s parking lot at 17th Street and Vine Street in Philadelphia. The 20,000 square foot former convent presently serves as office space for various Catholic Social Services agencies, which will be relocated without a reduction in workforce, the archdiocese says.<\/p>\n

\tThe archdiocese plans to sell the Mary Immaculate Center in Northampton, Penn. The 452 acre property was built in 1939 as a seminary for the Congregation of Missions of Saint Vincent de Paul. From 1991 to 2005 it housed the Spirituality Year Program for the seminarians of Saint Charles Borromeo Seminary. Since 2005, it has served as a retreat center.<\/p>\n

\tThe archdiocese said that if internal approvals, including approvals from the Vatican, are required to sell the property they will be obtained prior to the closure of a sale.<\/p>\n

\tThe archdiocese faces an operating deficit of at least $6 million for the fiscal year beginning in July 2012, not including any extraordinary costs.<\/p>\n

\t\u201cWe just can't afford to maintain and hold assets like Villa Saint Joseph by the Sea and my residence,\u201d Archbishop Chaput said. \u201cHolding on to these properties at this time would be inconsistent with the mission of our Church.\u201d<\/p>\n

\n<\/a>\n<\/div>\n

<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

Philadelphia, Pa., Aug 13, 2012 \/ 01:17 pm (CNA\/EWTN News).- The Archdiocese of Philadelphia has announced it will sell some of its large real estate holdings, including the archbishop’s residence, to reduce operating costs in the face of a multi…<\/p>\n","protected":false},"author":1031,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-808","post","type-post","status-publish","format-standard","hentry","category-us"],"yoast_head":"\nPhiladelphia archdiocese to sell major properties<\/title>\n<meta name=\"description\" content=\"Philadelphia, Pa., Aug 13, 2012 \/ 01:17 pm (CNA\/EWTN News).- The Archdiocese of Philadelphia has announced it will sell some of its large real estate holdings, including the archbishop’s residence, to reduce operating costs in the face of a multi...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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