The First Church of Christ, Scientist, or as I like to call them, the Christian Scientists, own a massive amount of land and property where the Fenway meets the Back Bay.
They are now apparently thinking about whether to sell of pieces of their empire. While they say their own financial health is "excellent", they have had layoffs in the past year, reassigned people, and have redesigned and realigned their newspaper. All signs of an organization in turmoil, in my opinion.
I would love to see the Midtown Hotel either buried or renovated into condos. It would make that block much more pedestrian friendly.
By Andrea Estes and Thomas C. Palmer Jr., The Boston Globe
The First Church of Christ, Scientist, attempting to streamline its operations amid recent financial problems, is considering leasing or selling its underutilized properties in Boston, a top city official said yesterday.
Mark Maloney, director of the Boston Redevelopment Authority, told the Globe that church officials informed BRA staff members this week that they were in the preliminary stages of developing a plan that could involve sale or lease of some of the church’s vast holdings in the Fenway.
”They are having internal conversations about the fact that they have some empty space they should think about consolidating," said Maloney, who described some of the property as underutilized.
Complete article: Christian Science church may sell, lease properties
UPDATE: Officials of the Mother Church strongly disagree that any of the property will be sold, according to this Boston Globe Letter to the Editor.
Your Oct. 13 front-page article ”Christian Science Church may sell, lease properties," regarding the financial condition and real estate operations of The First Church of Christ, Scientist, conveys impressions that mislead your readers and our neighbors.
The church has no plans to sell any of its Boston properties, period. I made this point to the reporters with whom I spoke. Also, the church’s financial condition is strong, as a glance at audited financial records will show.
Complete letter: Church has no plans to sell properties