UPDATED, 12:30 p.m., August 1: An insider today revealed Aby Rosen’s RFR Realty as the true buyer of the property. Please see updated piece here.
New York City’s Church Missions House, an elaborate six-story Flemish-Renaissance landmarked building at 281 Park Avenue South, is in contract for north of $50 million, The Real Deal has learned. Sources said that a prominent Italian family — two sources identified them as the Garzoni family — landed the deal, and is expected to convert the building into boutique condominiums with retail at the base. [more]