Boston Church Property Increases in Value

July 22, 2001

Source: The Boston Globe

On July 22, 2001, The Boston Globe reported on "the potential financial bonanza for churches, synagogues and other religious organizations sitting on increasingly valuable parcels of land...In the city itself, the value of real estate owned by religious denominations has doubled over the last five years...At the same time, many religious denominations...are scrambling for money."