Image of Investment Property

237 W. 51st Street (Times Square Church)

Air Rights Sq Ft: 351,566

Client: Time Square Church (World Challenge Inc.)

Purchase Date: 1993

Purchase Price: $35 MM

Year Built: 1931




Tenantwise acted in a pro-bono capacity in providing strategic acquisition advice to Times Square Church, a non-denominational Christian Church, in its acquisition of the Mark Hellinger Theater, which remains the largest theater on Broadway.  Tenantwise assisted the Church in its due diligence, property construction, asset management, and financing issues. The Church continues to own and occupy the landmarked building.