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Welch developed the community, Windridge Condominiums, around Laurel Hall, with the "Manor House" playing the role of office and entertainment center. He also sold 34 acres of land to Cathedral High School, which was an all-boys school at the time but opened its doors to women after acquiring the former Ladywood-St. Agnes property. Welch's housing development included extensive remodeling of Laurel Hall, including a "private dining club on the first floor, and a swimming pool" on the grounds, but, according to Lenkowsky, the 20-percent interest rate in the housing market at the time made Welch's debt unserviceable. He offered to sell Laurel Hall to the residents of Windridge Condominiums, who declined, and in 1982 Laurel Hall was once again taken over by the bank. |
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