UES church sells York Ave home to Weill Cornell for $68M26 Feb 2019
One Manhattan church has had a divine revelation about the value of Upper East Side real estate.
The Church of the Epiphany recently sold its York Avenue headquarters, then turned around and bought a new location nearby on East 74th Street, in a pair of deals totaling a little more than $90 million.
“This was a once in a lifetime opportunity for The Church of the Epiphany,” said Avison Young broker Jon Epstein, who worked on a team that handled the two transactions. “The Church had been looking for a way to monetize its real estate in order to expand and enhance its ministry to better reflect the needs of the congregation.”