The Real Deal New York

Brodsky buys General Theological Center’s conference center for $16M

October 04, 2012 01:00PM

From left: Daniel Brodsky and the Desmond Tutu Conference Center

General Theological Center’s Desmond Tutu Conference Center at 180 10th Avenue in Chelsea has sold to the Brodsky Organization for $16 million, Curbed reported.

The developer bought the property under the name “The Highline Hotel LLC.”

As previously reported, Daniel Brodsky was in talks with the General Theological Seminary to acquire this 50,000-square-foot property since early this year. Around that same time, Brodsky had also purchased another nearby property for $18.5 million from the General Theological Seminary, which is shedding some buildings after falling into financial trouble.

The Desmond Tutu Center has 60 hotel rooms and two conference rooms.

There is no word regarding plans for the center. [Curbed]

One Response to “Brodsky buys General Theological Center’s conference center for $16M”

  1. October 04, 2012 at 3:52 pm, no-permits said:

    why did it sell so cheap?

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