Goodwill Foundation Acquires Building on Pylimo Street in Vilnius

Goodwill Foundation Acquires Building on Pylimo Street in Vilnius

The Goodwill Foundation which allocates monies compensated by the Lithuanian government for seized Jewish communal property is acquiring the premises which were state property on Pylimo street in Vilnius and is considering the acquisition of more properties in other Lithuanian cities.

This week the Lithuanian Ministry of Culture registered a draft Government resolution under which the building at Pylimo street no. 4, worth almost one million euros, would be transferred to the Goodwill Foundation. This is the headquarters of the Lithuanian Jewish Community as well, which is currently leasing the building.

The transfer will take place by a reduction in the monetary compensation which the state is supposed to pay and which comes to about 3.6 million euros annually. “We want there to be enduring residual value for the Jewish communities after compensation ends. The buildings and real estate are residual durable goods,” Goodwill Foundation director Indrė Rutkauskaitė told BNS.