Joy in Chabad: The website 'Lubavitch.com' reported tonight that the purchase of the building located near the Chabad-770 World Center in the Crown Heights neighborhood of Brooklyn has been completed. The buyer: Chabad's 'Center for Educational Affairs'.
About a year ago, the house, numbered 760, was offered for sale by the family of the Hasidic Rabbi Meir Itkin, may God have mercy on him. The report was published in prominent media outlets in Israel and the US and was crowned "the most sought-after piece of real estate in New York." The Center for Educational Affairs announced at the time: "Positive talks are underway between the ministry and the family regarding the purchase of the house.".
On Monday afternoon, the final stage of the purchase was signed, for a sum of nearly $2.5 million. The closing of the deal was made possible thanks to a number of businessmen, who raised the necessary money. The Center for Educational Affairs invested efforts in the purchase, since Messianic faction activists also sought to purchase the building next to the Hasidic center.
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According to the plan, the house will become part of the Chabad Hasidic Association library, managed by the eminent librarian Rabbi Shalom Ber Levin, which is considered the largest private Jewish library in the world. "The purchase will allow the library, which has become an important place for researchers and historians around the world, to expand its collection," Lubavitch.com reported.
During the period in which the Itkin family and the Center for Educational Affairs were negotiating, tenants who rented part of the building were still living in the family home. Last Thursday, an eviction was recorded for one of the tenants, whose lease had expired.
