Tuesday, June 26, 2018

An interesting loan and news item

The Real Deal real estate website describes an interesting loan from St. John's Cemetery, Middle Village, to a charter school in Windsor Terrace. The loan was funneled through Rocklyn Ecclesiastical Corp., with offices adjacent to Holy Name church. To me, the word Rocklyn suggests holdings in the two Catholic diocese of Long Island: Rockville Centre and Brooklyn. When the diocese of Rockville Centre was created in erected in 1957, Brooklyn apparently retained ownership of some income-producing Suffolk County properties, including St. Charles Cemetery. 
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Link to Read Deal article HERE.