Image of Investment Property

1653 Broadway

Property Sq Ft: 325,216

Purchase Date: 1998

Purchase Price: $95 MM

Year Built: 1912/1929

Client: Time Square Church (World Challenge Inc.)

Tenantwise acted in a pro-bono capacity in providing strategic acquisition advice to Times Square Church, a non-denominational Christian Church, on its acquisition of a condominium portion of 1653 Broadway at a significant discount. Tenantwise advised on debt structuring, lease terminations, and property restoration among other issues.