Church HQ Goes on Sale: A New Chapter for a Historic Faith

The Episcopal Church has announced plans to list its 12‑story headquarters at 815 Second Avenue in Midtown Manhattan for sale or lease. The decision follows years of deliberation and reflects a shift in how the organization manages its assets.

Why Now?

• Changing Work Habits
  Less than half of the building’s space is currently in use.
• Financial Strategy
  The property, built in 1963 for $4 million, covers about 146,000 square feet and ranks as the denomination’s second‑most valuable asset after its endowment funds.

Potential Redevelopment

The church seeks a long‑term partner who could:

• Transform the site into affordable housing.
• Re‑imagine resources, reducing reliance on East Coast influence.

Historical Significance

• The headquarters has long symbolized Episcopal prestige.
• It once housed many founders and presidents of the United States.

Membership Decline

This decline mirrors a broader trend of shrinking mainline Protestantism across the country.

Broader Context

• Social Justice Stances: The church actively addresses immigration, LGBT rights, and other issues.
• Trend in American Religion: Empty churches are being repurposed; smaller communities are creating new types of spaces.
• Online Ministries: Many faith groups are turning to digital outreach and political activism.

Vision for the Future

The Episcopal Church hopes this move will inspire other dioceses to:

• Use their real estate wisely and purposefully.
• Serve all people, not just a particular region or class.