Sale of Moonies Church Midtown Home to New Empire
Sector: Road • Location: New York, United States
Source: Crain's New York Business
The Family Federation for World Peace and Unification (Moonies) is in contract to sell its longtime home at 4 W. 43rd St., a 7-story, 73,000-square-foot office and events facility in Midtown Manhattan, to New Empire, a condo development firm led by Bentley Zhao. The property could be demolished and replaced with a 180,000-square-foot residential high-rise if zoning bonuses are achieved. The sale p
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | under contract |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Family Federation for World Peace and Unification (Moonies) is in contract to sell its longtime home at 4 W. 43rd St., a 7-story, 73,000-square-foot office and events facility in Midtown Manhattan, to New Empire, a condo development firm led by Bentley Zhao. The property could be demolished and replaced with a 180,000-square-foot residential high-rise if zoning bonuses are achieved. The sale price is $51 million, with Zhao paying cash and a 10% deposit, buying the building as-is. The church has been marketing the site since early 2024 and chose Zhao's bid over a higher late offer due to his experience and financing terms. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
Region | Obfuscated |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |