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44 n e w h a v e n B I Z | J u l y / A u g u s t 2 0 1 9 | n e w h a v e n b i z . c o m T H E L O O P WHAT'S THE DEAL? newhavenBIZ BUSINESS NEWS - TO FIT YOUR APPETITE! WWW.NEWHAVENBIZ.COM SIGN UP TODAY AT Looking for small bites of timely business news or in are you hungry for in depth features? Sign up for our 4x a week enews and bi-monthly print magazine and we'll satisfy your hunger for business news and insights on the New Haven region. MAIN COURSE TAPPAS Building Name Original Property Name Address City or Town Sale Price Church, Rectory, Hall St. Elizabeth Church 65-99 Burban Drive Branford $900,000 Rectory St. Therese Church 39 Acorn Road Branford $365,000 Church, Land Epiphany Church 1750 Huckins Road Cheshire $850,000 Rectory Epiphany Church 1777 Old Waterbury Road Cheshire $260,500 Church, Hall, Rectory St. Clare Church 234 Coe Avenue East Haven $880,000 CCD Center St. Ann Church 43 Jones Road Hamden $750,000 Church, Rectory, School St. Brendan Church 435 Whalley Avenue New Haven $1,525,000 Convent, School, School St. Michael Parish 234, 240, 250 Greene Street New Haven $1,200,000 I f you're a commercial real-estate broker, closing on a hard-won deal is always something to celebrate. But selling the former convent, grade school and nursery school owned by St. Michael's Church in Wooster Square was especially meaningful for Lou Proto, principal of North Haven's Proto Group. "I went to nursery school there," says Proto, who recalls playing on the rooop playground as a young boy. St. Michael's sold off the trio of properties at 234, 240 and 250 Greene St. for $1.2 million in April to GR Realty Associates LLC, a Branford holding company that plans to convert the buildings into high-end apartments. My old school: Wooster Sq. sale brings pennies from Heaven By Natalie Missakian e successful deal was a welcome Easter blessing for the struggling parish, but it wasn't an easy sale: Two earlier attempts to sell the properties collapsed amid public zoning tangles and neighborhood opposition to previous developers' plans. Once a haven for hundreds of new Italian immigrants, the historic church, like many houses of worship, especially in urban areas, had fallen on hard times in recent years. And fewer parishioners in the pews meant fewer envelopes in the collection plate. e long-shuttered buildings (which are on the city tax rolls, although the church itself is tax-ex- empt) were another financial drain on the parish, not to mention a mag- net for vandals. Selling them quickly Sale of Catholic Church properties in the New Haven area 2017-May 20, 2019