by Corinne Letsch

The Catholic Church is peddling a piece of history — the oldest Catholic school in the city. The cash-strapped Archdiocese of New York is selling off the St. Patrick's Old Cathedral School on Prince St., on the grounds of the original St. Patrick's Cathedral in Little Italy, according to papers filed in Manhattan Supreme Court.

The school once boasted students such as Oscar-winning filmmaker Martin Scorsese, who attended in the 1950s. But now the archdiocese hopes to sell the landmarked property for $29 million, according to the papers, which were quietly filed on Christmas Eve.

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Source: http://www.nydailynews.com