February 04, 2015
For 50 years, the American Bible Society has called 1865 Broadway home. But after half a century, the nonprofit bible distributor is packing up and heading to Philadelphia. The society is funding that relocation with the $300 million it got for selling its coveted headquarters to residential real estate company AvalonBay Communities, reports the New York Daily News. What's the future of 1865 Broadway? Nothing's set in stone yet, but condos are a definite maybe. So keep your eyes peeled, potential condo buyers, because when it comes to location, location, location, you can't go wrong with primo posh digs near Central Park.
Photo by Matthew Haines for Property Shark.
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