BUFFALO, N.Y (WIVB) - Holy Angels Academy, a historic Buffalo Catholic school was sold to the highest bidder on Saturday.
Ellicott Development Chairman Carl Paladino and his business partner Victor Liberatore bought the building for $2.9 million.
What does Paladino, a new member of the Buffalo School Board and Liberatore plan to do with the building?
The District has to transfer more than 2,000 students out of Buffalo's low performing school's by the next academic year.
Due to limited seating, one of the options Buffalo is faced with, is creating four schools in good standing by opening two brand new ones using existing buildings and closing two underachieving schools, then re-opening them under a different structure.
News 4's Brittni Smallwood asked Paladino if he plans to re-open Holy Angels as a school and he replied, "We don't have anything put together right now."
After the building was sold, items inside were auctioned off including everything from furniture to electronics.
One interested buyer, Rob Dobmeier said he came to place an offer because the building and its contents mean more to him than just material possessions. Dobmeier said today's auction was like a mourning because his wife and daughter went to Holy Angels.
The building was sold by the Grey Nuns, whose president, Sister Julia says it's sad to see the building get auctioned off.
Sister Julia says the money from the sale of the building will help the Grey Nuns pay off loans for Holy Angels Academy. The rest of the money will be put into the nuns retirement fund.
The money made on the contents goes to the Holy Angels Association which operated the school that's been open for 152 years.
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