The New Jersey On-Line website reports today (June 29, 2012) that the Archdiocese of Philadelphia is selling a 19-room beachfront property in Atlantic County used by retired priests, because it faces a $17 million budget deficit and millions of dollars in legal bills associated with a child sex abuse case.
A spokesman for the archdiocese says the ocean-front home in Ventnor, NJ will be shuttered tomorrow (June 30). Tax records say the property -- occupying a full block along the Boardwalk -- is assessed at $6.2 million.
Archbishop Charles Chaput last week also announced plans to cut 45 jobs and stop publishing The Catholic Standard & Times because of the budget gap.
The diocese is also facing at least $10 million in legal bills connected to the child sex abuse case decided last week. In that case, Monsignor William Lynn was convicted of child endangerment for his handling of priest abuse complaints.