||As someone who does not have a dog in the fight but is fascinated at the comments regarding the property, I see several things that jump out at a casual reader, to wit:
There appears to be a classic contest between preserving things of historical importance (regardless of how widespread the appreciation is for the structure) on the one hand and maximizing real estate value on the other; real estate almost always wins.
Seems to me someone or some group that is objective (and any archdiocese seems suspect today, and in this case even more so) might explore the possibility of the church building and the new school co existing. Many good organizations (Harvard and Yale come to mind) blend very old architecture with modern structures.
If the Cabrini parish owned the insurance policy, should the proceeds not be used at least in part for the building that housed it?
Seems to me many parishoners are very angry. Is that just about Katrina and its aftermath?
Blessed are the peacemakers...