Orange diocese increases offer to buy for Crystal Cathedral
Catholic World News - August 10, 2011
The Diocese of Orange, California has raised its bid to buy the Crystal Cathedral, as creditors have pressed the bankrupt Protestant owners to sell the building.
Last week spokesmen for the Garden Grove church, built by the noted televangelist televangelist Robert Schuller, announced that they would no longer accept offers to buy the building, preferring to rely on donations to rescue their ministry from bankruptcy. But creditors have demanded faster action.
The Orange diocese had originally offered $50 million for the massive structure, which holds 3,000 people. The new bid from the diocese is reportedly for over $53 million. At least two other potential buyers have made competitive offers.
An appeal from our founder, Dr. Jeffrey Mirus:
Dear reader: If you found the information on this page helpful in your pursuit of a better Catholic life, please support our work with a donation. Your donation will help us reach seven million Truth-seeking readers worldwide this year. Thank you!
Our Spring Challenge Grant
Progress toward our Spring Challenge Grant goal ($16,569 to go):
All comments are moderated. To lighten our editing burden, only current donors are allowed to Sound Off. If you are a donor, log in to see the comment form; otherwise please support our work, and Sound Off!