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MORNING BULLETIN: THE GRACE TABERNACLE CHURCH OF LUXURY REAL ESTATE, HELPING ‘CANNERS’

January 22, 2013 | 12:26 PM - Updated on January 23, 2013 | 9:42 AM
in NEWS
2


Carrying a bass up the stairs from the subway at Lincoln Center. Photo by Avi.

January 22, 2013 Weather: Partly Cloudy/Wind, High of 23 Degrees.

Notices:
“A culinary journey across the globe” and more events today on our calendar.

News:
The Grace Tabernacle Church of God in Christ
on 106th Street and Manhattan Avenue has been transformed into a luxury three-story townhouse asking $3.675 million. It’s the most expensive listing in Manhattan Valley. The owners bought the house next door for $25,000 in 1976 when times were bleak: “A townhouse a few doors away had been turned into a crack den, after the deaths of its owners, with every room, including bathrooms, rented out to individual drug dealers.” They bought the old church in 2009 for $800,000 and say they put in more than $2 million worth of renovation work. Is this a turning point for Manhattan Valley, one of the last “middle class” neighborhoods in the area? (Wall Street Journal) (our summary initially said incorrectly that they bought the church for $25,000 but the owner set us straight in the comments)

An interesting suggestion from Malcolm Carter: what if buildings made their recyclable cans available to “canners” who make money by picking cans out of the trash? That would mean less searching through trash in the bitter cold. (Malcolm Carter)

The buildings department has been issuing many more elevator violations since a midtown office worker died in 2011. (NY Post)

We hear that that glowing TD Bank sign on 88th and Broadway that we wrote about last week has been turned off at night. No more sleepless nights for neighbors!

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Elizabeth Kellner
Elizabeth Kellner
12 years ago

I am the owner of the former church townhouse in the WSJ article. We paid $800,000 for the house in 2009. In 1976 we had purchased the house next door where we have lived for 36 years, and that is the house we paid $25,000 for. You need to read the article more carefully — that’s a pretty significant difference in price!

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West Sider
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West Sider
12 years ago
Reply to  Elizabeth Kellner

Thanks for your comment, and apologies for the error. Fixed!
Avi

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