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Timber Equities Acquires Catholic Church Properties in Chelsea

Summary by Commercial Observer
Timber Equities is taking three adjacent Chelsea properties off the Catholic Church’s hands as part of a $48 million deal. The developer entered into a contract with the Archdiocese of New York to buy the convent, rectory and school at 331-341 West 25th Street, according to property records. The buildings were once part of the Roman Catholic Church of Saint Columba but could be up for redevelopment as the archdiocese has been looking to offload …
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Commercial Observer broke the news in on Friday, January 31, 2025.
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