MEDIA CONTACT:
Taiisha
Pinkney
PR Manager
(410)319-5722p
taiishap@mdschblind.org
www.marylandschoolfortheblind.org
FOR
IMMEDIATE RELASE
The Maryland
School for the Blind
Sells The Westminster Inn
Baltimore, MD-August 22, 2007: The Maryland School
for the Blind (MSB) has sold The Westminster Inn to The YMCA of Central
Maryland for $1M. The property was donated to the school in 2005. The proceeds
from the sale will fund essential programs at the school.
The Maryland School
for the Blind is a non-profit school that serves students across the state who are blind, visually impaired, or multiply disabled. MSB sought another mission-oriented
non-profit organization to negotiate the sale.
John K. Holey, President and CEO of the YMCA Central Maryland states,
“This opportunity became attractive to us because it allows us to provide
programs and services, including health and wellness, and child care, in a
location central and convenient to a larger percentage of Carroll County’s
families that we are currently serving”.
“We were delighted to
negotiate a transaction where the Y is able to expand their services, and
provide services to the residents of Carroll
County”, said Steven
Koren, Board member of MSB Enterprises, LLC.
The property,
located at 5 North Center St.
in Westminster, MD, was formerly a full service inn, and
also housed a restaurant and fitness facility.
The sale was negotiated by MSB Properties and MSB Enterprises, LLC.
###
Located in the
northeast corner of Baltimore, The Maryland School for the Blind (MSB) is a private, nonprofit school dedicated to
educating children and youth from infancy to age 21 who are blind, visually
impaired, and multiply disabled. Each year, the school serves more than 800
students throughout the state. In
addition to the traditional classroom education, MSB
offers comprehensive services including; residential, braille and low-vision
instruction, travel training, transition, health and therapy services, career
education, and outreach.