Losing Our Religion: After selling for $26 million to...

Curbed New York

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361 Central Park West - Church Conversion-thumb.jpg
After selling for $26 million to Irene Shapiro (sister of the former One Madison Park developer, Ira Shapiro), the landmark church at 361 Central Park West was immediately flipped to Brooklyn investor Joseph Brunner for $42 million. Anonymous sources told the Real Deal that the transaction "was not fully recorded with the city Department of Finance." Bruner had financed Schapiro's purchase, and now he reportedly wants to flip it again, for about $50 million. Eventually, someone will turn the building into condos. [TRD; previously]

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