Purchase Agreement Reached for the Westwood Property
The Orthodox Church in America has entered into a purchase agreement for the Westwood Property, the location that has housed the Chancery of the OCA over the last several decades. The agreement, authorized by the Metropolitan Council and unanimously confirmed by the Holy Synod of Bishops, is another step toward the final resolution of the former Chancery property and securing a permanent location in greater Washington, DC.
The decision to proceed with the purchase agreement was made during a special session of the Metropolitan Council by teleconference on January 24, 2024, under the presidency of His Beatitude Metropolitan Tikhon, and which authorized Archpriest Alexander Rentel, Chancellor of the OCA, to sign the contract on behalf of the OCA. This decision was then approved by the Holy Synod convened via teleconference on Wednesday, February 28.
The agreement details a purchase price of $4.25 million. The anticipated timeline for closing is estimated to be within 24-36 months to allow for the New York state and local regulatory processes.