The Brooklyn Daily Eagle of January 6, 2016, carries a lengthy news article with the headlines "Brooklyn Oratory, Assumption Church enter agreement to expand ministry; Oratory takes charge of Assumption's pastoral responsibilities January 31." The article is linked HERE.
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The article makes clear that this is not a merger of parishes.
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The article gives an extensive history of these two parishes and that of St. Charles Borromeo. Please use the link at the right for photos on my older posts about these three churches.