By Michael Levenson 

The Archdiocese of Boston has sold a former East Boston church for $3 million, signaling to former parishioners the ongoing transformation of the working-class Italian-American neighborhood into an increasingly lucrative real estate hot spot, sought out by wealthy investors.

State records indicate the buyer, Frankfort Gove LLC, was set up in June and is run by Richard Egan and Timothy White, both of whom list a unit at the Four Seasons in Boston as their address. They could not be reached for comment, but the archdiocese said the buyer plans to turn the hulking brick church, which was built by Italian immigrants in 1905, into housing. The news triggered a fresh wave of anger and sadness from former parishioners, who had waged a decadelong fight to save Our Lady of Mount Carmel, appealing all the way to the Vatican, after the archdiocese officially closed the church in 2004.

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Source: https://www.bostonglobe.com/