"We are unbelievably pleased. This is a piece of history," Geller told Reuters network. "We intend to restore it to its old glory. We would like to bring sick children there (for tours), Palestinian children, Israeli children, American children," the Israeli-born Geller said. "Hopefully one day we might get approval to turn it into a museum."
Geller had originally bid $300,000 last month but a bidding war ensued and the price ballooned, he said. During the process he was approached by dozens of people wanting to go in with him, he said. He chose two, New York lawyer Jim Gleason and Lisbeth Silvandersson, a Swedish-born jewelry maker who lives in England, as equal partners. To read more, go here.