Bayport-Blue Point Library to buy and refurbish convent for $16.85M

TRD New York /
Dec.December 10, 2018 04:07 PM

Voters in Bayport and Blue Point voted by a 2-to-1 margin in favor of spending $16.85 million to buy a vacant convent and turn it into a public library, according to Newsday. The Bayport-Blue Point Public Library will buy the St. Ursula Center for $3.65 million and then spend another $13.2 million to refurbish the home for retired nuns. While doubling the size of the municipality’s current library, the plan will result in a tax hike for local homeowners, with each household experiencing an additional $228 in annual taxes. Library officials hope to close the convent purchase soon so they can start finding contractors for the project, whose renovation is expected to take two years and still requires the approval of the New York State Education Department. The convent’s owner, the Ursuline Sisters of Tildonk, put the property on the market in 2017. The Ursuline Sisters, some of whom are now holding estate sales at their longtime home, initially agreed to sell the convent to a Westhampton Beach-based drug rehabilitation center, but the latter pulled out of the deal due to opposition from some local residents. The money from the sale will be used to pay for the care of the nuns who lived in the convent. [Newsday]


Related Articles

arrow_forward_ios
In the Hamptons, the median sales price hit $1,080,000, up 9 percent over the first quarter (iStock)

Home prices set new records as inventory falls across Long Island

Home prices set new records as inventory falls across Long Island
Clockwise from top left: Deirdre O'Connell of Sotheby's International Realty, Paul Breunich of Sotheby's International Realty, and Heather Harrison of Compass

Tri-State brokers are busier than ever as buyers warm to suburban living

Tri-State brokers are busier than ever as buyers warm to suburban living
The New York State Senate subpoenaed several top names in real estate

Elliman, RE/MAX, Keller Williams subpoenaed in discrimination probe

Elliman, RE/MAX, Keller Williams subpoenaed in discrimination probe
Compass' Rory Golod and Long Island’s North Shore (Credit: Long Island)

Compass sets sights on Long Island’s North Shore

Compass sets sights on Long Island’s North Shore
Governor Andrew Cuomo (Credit: Getty Images)

Cuomo announces new state rules following Newsday’s discrimination exposé

Cuomo announces new state rules following Newsday’s discrimination exposé
How healthcare is saving Long Island’s office & retail markets

How healthcare is saving Long Island’s office & retail markets

How healthcare is saving Long Island’s office & retail markets
The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, probe finds

LI agents routinely discriminate against minority buyers, probe finds
Islanders expect to break ground on Belmont arena project this summer, late composer’s Sands Point estate has another price cut & more Long Island real estate news

Islanders expect to break ground on Belmont arena project this summer, late composer’s Sands Point estate has another price cut & more Long Island real estate news

Islanders expect to break ground on Belmont arena project this summer, late composer’s Sands Point estate has another price cut & more Long Island real estate news
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...