[Coleus]

The latest scuttlebutt is that the Archdiocese intends to make $$$Millions selling off land, parking lots, real estate, schools and churches in the area of Newark where McGreevey and the DEMOCRATS are intending to build the NEW SPORTS Arena.  As a way to save money and manpower,  the archdiocese is planning on closing and consolidating about 45 churches, some are in the area where the Arena is going to be built.  I don't think the Archbishop wants to rock the boat while millions are to be made.  This is the rumor that's going around.
 

Most people of New Jersey do NOT want another sports arena, we already have the Meadowlands where an arena exists and Giant's Stadium and a Racetrack.  We still owe $400 million on the present Continental Airlines Arena and nobody wants one to be built in Newark. The Democrats intend to build Xanadu, a hotel and sports theme park complex in the WETLANDS, yes it's fine when democrats fill in and destroy wetlands when THEY do it and want to pay off the unions, bond brokers, lawyers, and construction workers.

NJ Environmental Divide, Crusaders split over how to confront Xanadu in E.Rutherford Meadowlands

[LadyDoc]

The diocese probably needs to sell off land and churches as immigrant Catholics move to the suburbs and are replaced by non Catholic. It happens all the time. The REAL sad part is that many of these churches are heritage buildings that should be kept for their beauty. But they are not needed as churches per se.

As for making money off of land: Usually stadiums are put where land is cheap and buildings are so run down that no one wants them, so they can be torn down...

Mother Cabrini was well known for her real estate shrewdness, i.e. buying land that was worthless and later selling it off. She used the profits to build hospitals and schools for poor immigrants (mainly Italians whose grandkids now are middle class). And she is now a saint...making money honestly is not a sin in Catholicism.

However, since the bishop just took over, one suspects he wasn't buying up cheap land to make a profit. Don't know if his predecessor was that smart, however...

[HowlinglyMind-BendingAbsurdity]

millions to be made...

Which will just disappear with the next sodomy crisis the way things are going in AmChurch.