New York City Boom Heaven Sent for Churches Selling Land
Bloomberg Business takes a look at how surging prices for land and buildings the New York metropolitan area are allowing religious institutions to pursue real estate sales to generate cash and support their missions.
“This market is not going to come back with the big guns the way it is now -- this is the time to do it.” - Rev. Christopher Ballard
With commercial-property sales reaching record highs in the past few years, churches are entering the market amid growing buyer appetites for New York land. View Article
