Quincy City Council Seeks Review of $78M in Past Property Buys

As city negotiates potential purchase of former Easter Nazarene College campus, council wants accounting of recent real estate deals.

Apr. 10, 2026 at 9:47am

A photorealistic studio still life featuring a stack of property deeds, a calculator, and a pen on a clean white background, symbolizing the financial and legal complexities of municipal real estate transactions.A meticulous accounting of Quincy's recent real estate deals will help the city council weigh the risks and benefits of acquiring the former Easter Nazarene College campus.Quincy Today

The Quincy City Council is seeking a review of the $78 million the city has spent on real estate acquisitions over the last five years, as the city negotiates a potential purchase of the 20-acre campus that once housed Easter Nazarene College. Ward 5 Councilor Maggie McKee says the review is needed to assess the risks and benefits of the potential college campus purchase by understanding the city's recent land deal history and its effect on city finances.

Why it matters

Quincy has been actively acquiring properties in recent years, spending $78 million on real estate deals. As the city considers purchasing the former Easter Nazarene College campus, the council wants to review this broader acquisition strategy to ensure any new major purchase aligns with the city's overall financial and development goals.

The details

The city is currently negotiating a potential purchase of the 20-acre Easter Nazarene College campus. To evaluate this deal, the city council, led by Ward 5 Councilor Maggie McKee, is calling for an accounting of the $78 million the city has spent on real estate acquisitions over the past 5 years. This review aims to understand the city's recent land deal history and its impact on Quincy's finances as officials assess the risks and benefits of acquiring the former college property.

  • Over the last 5 years, Quincy has spent $78 million on real estate acquisitions.
  • The city is currently negotiating a potential purchase of the 20-acre former Easter Nazarene College campus.

The players

Maggie McKee

Ward 5 Quincy City Councilor who is calling for the review of the city's recent real estate acquisitions.

Quincy City Council

The governing body of Quincy, Massachusetts that is seeking an accounting of the $78 million spent on property buys in recent years.

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What they’re saying

“To assess the potential risks and benefits of that purchase, I believe we must understand the kind of land deals the city has made in recent years and their effect on city finances.”

— Maggie McKee, Ward 5 Quincy City Councilor

What’s next

The Quincy City Council will review the details of the city's $78 million in recent real estate acquisitions to inform their decision-making on the potential purchase of the former Easter Nazarene College campus.

The takeaway

Quincy's city government is taking a prudent approach by closely examining its recent property buying history before committing to a major new real estate deal, ensuring any large-scale acquisition aligns with the city's overall financial and development strategies.