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One of the bigger recent commercial real estate deals in the Heights/Downtown area was recorded in public records last week, with the Roman Catholic Diocese of Brooklyn selling off the office building at 191 Joralemon Street for $12,350,000. The buyer, Catholic Charities, already leases the building, so presumably there’s not going to be a big shake-up in occupancy. The price breaks down to around $160 a foot, which seems pretty low for a building in such a prime location. GMAP


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  1. Exactly? why should churches be any different? It’s not like they get special favors or treatments based of some claim of moral superiority.

  2. That is certainly not anti-Catholic bigotry.

    Maybe if it read – “Is it wrong that my first thought was ‘all Catholics are a bunch of kiddy diddlers'”

    Then yeah, you’d have a point.

    -a lapsed Catholic

  3. I don’t see any anti-Catholic bigotry with the comment. The church is doing what it deems necessary to protect it’s assets. Why would anyone expect anything less?

  4. “Is it wrong that my first thought was “shielding assets from future lawsuits”?”

    well, it is anti-Catholic bigotry. A lot of people are OK with that but technically yes, it’s wrong.

  5. By Maly on May 9, 2011 10:32 AM

    Is it wrong that my first thought was “shielding assets from future lawsuits”?

    ———————
    Yes.

  6. Maly, I think the church is the biggest or among the top 5 biggest property owners in NYC so if it’s indeed what you’re saying, they would have to pull off a ton more of such transactions