Episcopal Church Seeks to Offload Manhattan Headquarters in Ground Lease for Affordable Housing

Episcopal Church seeks to offload Manhattan headquarters in ground lease for affordable housing

After decades of deliberations about relocating from their midtown Manhattan headquarters in New York City, the Episcopal Church is now looking to offload the nearly $52 million property at 815 2nd Avenue through a long-term ground lease with a group that would redevelop their 12-story building into affordable housing.

Episcopal Church Puts Manhattan HQ at 815 Second Avenue On the Market

Open the article to view the coverage from Commercial Observer

Episcopal Church plans sale of longtime New York headquarters

The Episcopal Church has announced plans to sell or lease its longtime headquarters building in New York City, a move that reflects changing work habits and the continuing decline of mainline Protestant denominations in the United States. Church leaders said the 12-story headquarters at 815 Second Ave. in Midtown Manhattan will be placed on the