From Los Angeles-A Newport Beach firm has pulled out of an agreement to purchase prime Via Lido real estate which was formerly home to the St. James the Great Episcopal Church congregation.
The Episcopal Diocese of Los Angeles made the announcement on its website late Tuesday, Oct. 10, saying Burnham Ward Properties will no longer buy the Via Lido property and that it will be preserved as a “bishop’s chapel,” or worship space, under the authority of incoming bishop the Rev. John Taylor.
Taylor, who will take over from retiring bishop J. Jon Bruno Dec. 1, said Wednesday he intends to open the lines of communication between the diocese and St. James congregants who were evicted by Bruno in June 2015 after he sold the property to a local developer.
More here-
http://www.ocregister.com/2017/10/11/latest-twist-developer-bows-out-of-purchase-of-controversial-episcopal-church-property-in-newport-beach/
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