Episcopal Church Advances Sale of Historic Manhattan Headquarters

Faith Facts

• The Episcopal Church has listed its twelve-story headquarters in midtown Manhattan for sale after four months of seeking a buyer.
• The building is valued at nearly fifty-two million dollars, according to church leaders.
• Proceeds from any sale will support the denomination’s mission and ministry work nationwide.

The Episcopal Church has identified a prospective buyer for its midtown Manhattan headquarters just four months after announcing plans to sell the twelve-story property. Church leaders report the building carries an estimated value of nearly fifty-two million dollars.

The decision to divest reflects a broader effort by the denomination to align its physical assets with current ministry priorities and stewardship responsibilities. Church officials have emphasized that any proceeds would be reinvested in gospel outreach and service initiatives across the country.

Real-estate experts note that the Manhattan commercial market remains competitive, particularly for well-located institutional properties. The headquarters’ central position continues to draw interest from both nonprofit and commercial entities exploring long-term space solutions.

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