The clan gathered there in 1960 to celebrate John F. Kennedy’s presidential election. They gathered there again decades later to mourn his son’s death. It is where Senator Edward M. Kennedy died.
Now the home, one of the most significant in American politics, will no longer be in the family’s possession.
The ownership of the nearly $5.5 million, 21-room house that is the center of the Hyannis Port compound is being transferred to the Edward M. Kennedy Institute for the United State Senate, a move that brings to an end the family’s 84-year ownership of the homestead.
In a statement yesterday, the institute announced that Edward Kennedy’s widow, Vicki, has donated the waterfront homestead for use as a study center run by the institute, which she has led since her husband’s death. The statement said the transfer “fulfills a promise made by Senator Kennedy to his mother, Rose, that the home be preserved for charitable use.’’
