School sale gives glimpse into value, breadth of Buffalo Diocese property

BUFFALO (NY)
Buffalo News

July 13, 2020

By Jay Tokasz

The operators of Archbishop Walsh High School in Olean thought they had a deal last December with the Buffalo Diocese to pay $150,000 for the building where the high school has been located since 1959.

But a committee that represents survivors of childhood sex abuse is saying not so fast.

The deal that would have transferred title for the two-story, 55,000-square-foot on North 24th Street to the high school’s foundation immediately was put on hold when the diocese filed for Chapter 11 bankruptcy on Feb. 28.

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