Children’s Museum of Manhattan buys
361 CPW for its new home

Joseph Brunner had tried to build 34 condos at the site

New York /
Jan.January 02, 2018 01:40 PM

361 Central Park West and the Children’s Museum of Manhattan

The Children’s Museum of Manhattan will eventually move to a new home after buying a former church at 361 Central Park West for $45 million, property records filed with the city Tuesday show.

Brooklyn investor Joseph Brunner, who had planned condominiums for the First Church of Christ Scientist site but was ultimately rejected by the Board of Standards in 2016, was the seller.

The Children’s Museum of Manhattan’s is currently located 13 blocks south on West 83rd Street. 361 Central Park West lies between West 96th and 97th Streets.

In a statement to The Real Deal, the museum’s executive director, Andrew Ackerman, said the museum was at capacity at its 83rd Street location and had been actively looking for a new one.

“We look forward to discussing our vision with the community in more detail in the coming weeks, as we begin the formal planning and design process to reactivate the building into a world-class children’s museum for families to visit, explore, and feel part of our great city,” he said, suggesting that the new facility the museum is planning will preserve elements of the existing church.

In 2014, Brunner bought 361 Central Park West for $42 million from Ira and Irene Shapiro. The deal was not smooth, however, as $10 million of that was allegedly contingent upon successfully clearing the condo project with the city, according to a suit filed by Brunner against the Shapiros in 2016. The Shapiros had tried to get that $10 million that Brunner left off the closing table and Brunner sued when they sent him a notice of default on that money. His suit was dismissed with prejudice in September.

In 2015, the Children’s Museum of Manhattan was rumored to be in talks to move to a new location on the Lower East Side.


Related Articles

arrow_forward_ios
Mack Real Estate CEO Richard Mack and one of his new hotels at 51 Nassau Street. (Getty, ING)
Mack Real Estate takes over 7 distressed Manhattan hotels
Mack Real Estate takes over 7 distressed Manhattan hotels
1440 Broadway and CIM Group’s Shaul Kuba (Google Maps, Getty)
CIM closes on $400M refi for 1440 Broadway
CIM closes on $400M refi for 1440 Broadway
Theaters in some cities are opening with restrictions. (Getty, Photo Illustration by Alison Bushor for The Real Deal)
Coming attraction: Movie theaters reopen in New York, San Fran
Coming attraction: Movie theaters reopen in New York, San Fran
Innovo Property Group's Andrew Chung with 23-30 Borden Avenue in Long Island City (Google Maps)
Innovo lands $155M construction loan for LIC warehouse
Innovo lands $155M construction loan for LIC warehouse
Restaurants and bars accounted for a majority of the gains in February (iStock)
Leisure, hospitality big winners in February job gains
Leisure, hospitality big winners in February job gains
The company currently operates 761 stores, and intends to open 100 new stores this fiscal year. (iStock)
Retailer Burlington plans to double store count
Retailer Burlington plans to double store count
(Getty, Photo Illustration by The Real Deal)
Retail had its reckoning. Will subleases flood the market?
Retail had its reckoning. Will subleases flood the market?
Ascena owns Ann Taylor, Lane Bryant, Lou & Grey and Cacique. (Getty)
Ascena restructuring approved post-bankruptcy
Ascena restructuring approved post-bankruptcy
arrow_forward_ios

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

Loading...