[BJ1]

And if all this is true, why can’t nuns close a school if they want to?

[Cowboy Bob]

“Well I’ll be damned if you do what you want with you own property. You work for me and do as I tell you!” -New York City Liberal

[Da Coyote]

And whose school is it?

Thought so.

[Mrs. Don-o]

I don't get it. Is there something missing in this article? Aren't property-owners allowed to sell their property?

What kind of law says they can't sell it?

[Harmless Teddy Bear]

“It's clear that the defendants plan to close the school, stop providing education to the children of working mothers, sell the school’s property and transfer the money to the Sisters of St. Francis to use for other purposes, none of which is to educate children,” the Manhattan civil suit says.

So?

[Salvation]

Perhaps their order is growing and they need more housing for novices and postulants.

[trisham]

I wonder how old these nuns are? Are they past retirement age? If so, I can understand why the church would sell the property.

[lewislynn]

the Sisters of St. Francis — who bought the West 15th Street facility for $5,000 in 1901 — want to sell the school’s two brick brownstones and hoard the money.

It's theirs, they should be able to do what they want with it.

But sadly the nuns will lose and they are about to reap what they sow.

[Cicero]

I know nothing first hand about this. But I would guess that this is one more group of nuns who turned liberal post Vatican II. What was once a Catholic School is now a Montessori school, would seem to be an indicator.

I would also guess that if they are a liberal order, they are probably getting no new recruits into their order, and are all growing older. They need the money to provide for nursing homes and healthcare, the kind of job that younger nuns in the order would once have done.

It’s their school. They have a right to sell it. I suspect that the whole business is a sad one.

[maine-iac7]

um - I would think that. with @0 million, they cold take a small portion and set up the school in another location????

[latina4dubya]

oh brother! the nuns should double the tuition... see how many want parents want to continue...

people are so self-centered...

[muir_redwoods]

“The deal you once found acceptable but now, no longer do; I’ve decided unilaterally that it’s perpetual and cannot be cancelled”

[Tax-chick]

The $10,000-a-year tuition at the school — which was accredited as a Montessori school in the 1980s — makes it by far the cheapest Montessori school in the borough.

It's a preschool for the children of struggling single mothers, you see.

[G Larry]

Typical crap reporting by the NYT.

The Sisters are going to “hoard the money”???

Really?

If the Sister’s are forced to stay open, they should double the tuition.

[Henchster]

They invested $5k in 1901 and 114 years later it is worth $20m. That equates to a 7.5% annual return on the investment.

What they hell is everybody complaining about?

[Buttons12]

Bought at $5k, sold at $20M? Watch the IRS sue them next. Nice capital gains ya got there. Religious exemption? So 20th c.

[Cyman]

“It’s clear that the defendants plan to close the school, stop providing education to the children of working mothers, sell the school’s property and transfer the money to the Sisters of St. Francis to use for other purposes, none of which is to educate children,” the Manhattan civil suit says.”

OBTW mr. Attorney, I will be using your car next month so keep up the payments and don’t forget the insurance premiums.

[yldstrk]

“Hoard” the money? Do these dipsh8t parents know there is no retirement for nuns? That many of them have to go begging and die in need?

[RnMomof7]

There are many aging "sisters" in that order..no doubt the money will not be used to fly the nuns to Vegas for a week end..

It is their property ...their right to sell it..

[Chickensoup]

“...and HOARD the money”??

The NYT is a hate rag.