Norman Vincent Peale’s final resting place hits the market for $750K

New York /
Aug.August 01, 2011 03:13 PM

A 101-year-old Greek Revival mausoleum in Woodlawn, on Webster Avenue in the Bronx, owned by the Reverend Norman Vincent Peale who wrote “The Power of Positive Thinking,” has hit the market for $750,000, the New York Times reported. The mausoleum is one of three for sale in Woodlawn. It is available for immediate occupancy and sleeps eight, according to Woodlawn Cemetery staff historian Susan Olsen. Peale’s family decided at the last moment to bury him in Pawling, N.Y.

Peale bought the mausoleum in 1956 for $15,000.

In New York, people are willing to pay big bucks for a decent resting place. Mausoleums trade in the same manner as co-ops, the Times said, and with cemeteries filling up fast, officials regularly suggest sales to those who own empty lots.

At Woodlawn, there are more than 1,300 mausoleums.

“Our most famous resale was J.C. Penney,” Olsen said. “He bought his from Mrs. William Randolph Hearst when she bought another used one.”

Leona Helmsley also had the body of her husband exhumed from Woodlawn and moved to the Sleepy Hollow Cemetery in Westchester County. She donated the mausoleum to the cemetery’s non-profit foundation, but insisted on removing a stained-glass window in the tomb with an edited view of the Manhattan skyline, showing only buildings her husband Harry Helmsley had controlled. [NYT]


Related Articles

arrow_forward_ios
Macy’s CEO Jeff Gennette (Getty)
Macy’s converts 1M sf to fulfillment space
Macy’s converts 1M sf to fulfillment space
(Photo Illustration by The Real Deal with Getty)
Black Friday store traffic jumps, but sales don’t
Black Friday store traffic jumps, but sales don’t
(Illustration by The Real Deal with Getty)
Retail real estate continues climb, reaches record low availability
Retail real estate continues climb, reaches record low availability
1 Wythe Avenue in Greenpoint, Brooklyn and Brooklyn Brewery CEO Eric Ottaway (Google Maps, Twitter/@EricOttaway)
Brooklyn Brewery to expand in move to Greenpoint
Brooklyn Brewery to expand in move to Greenpoint
Target's Brian Cornell (Getty, Target)
Target plans 150K sf stores in footprint expansion
Target plans 150K sf stores in footprint expansion
Kimco Realty's Conor Flynn with The Gardens at Great Neck (Kimco Realty Corporation, Google Maps)
Kimco pays $375M for Long Island shopping centers
Kimco pays $375M for Long Island shopping centers
Empire State Realty Trust's Tony Malkin and 112 West 34th Street (Getty, Google Maps)
Pandora leases with ESRT in Herald Square
Pandora leases with ESRT in Herald Square
 Simon Property Group’s David Simon with Crystal Mall (Cube 3 Studio, Getty)
Simon surrenders Connecticut mall to lenders
Simon surrenders Connecticut mall to lenders
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...