Kennedy family transfers Hyannis Port home to institute
The ownership of the fabled Kennedy home at the family’s Hyannis Port compound is being transferred to the Edward M. Kennedy Institute for the United States Senate, a move that brings to an end the family’s 84-year ownership of the 21-room house. The institute announced this afternoon it had taken over the waterfront homestead and will use it as a study center. It said the transfer ‘’fulfills a promise made by Senator Kennedy to his mother Rose that the home be preserved for charitable use.’’ The $5.5 million property is the centerpiece of the compound, where some of the nation’s most dramatic modern political history took place. The compound also includes other Kennedy homes, including former President John F. Kennedy’s house, which will remain in the family.