Schools

Queens Cemetery Lends Windsor Terrace School $52M, Records Show

Let's hope The BUGS School doesn't dig itself into a hole.

WINDSOR TERRACE, BROOKLYN — There a grave diggers, grave robbers and, now, grave lenders.

A Queens cemetery loaned $52 million to mortgage the home of the Brooklyn Urban Garden Charter School and two public schools at 500 19th St. in Windsor Terrace, public records show.

Saint John’s Cemetery, a Catholic burial site in Middle Village, loaned the money to Rocklyn Ecclesiastical Corp. — the Roman Catholic Diocese of Brooklyn’s real estate firm — for a mortgage, according to Department of Finance records filed Tuesday.

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The mortgage, which was signed last August, is for the three-story building that houses the BUGS school, M.S. 442 Carroll Gardens School for Innovation and P.S. 10, The Real Deal first reported.

The building was once home to the Bishop Ford Central Catholic High School which closed in 2014.

Find out what's happening in Windsor Terrace-Kensingtonfor free with the latest updates from Patch.


Photo courtesy of GoogleMaps/Nov. 2017

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