Turns out Hale House's move to put its Harlem headquarters' townhouse on the market for $2.5 million isn't the first time the nonprofit has had to finagle its real estate holdings to stay afloat. Over the last 10 years, the long-standing nonprofit "has sold and or mortgaged at least two brownstones, a plot of land and two buildings." A new chairman has stepped in to deal with Hale House's chronic revenue shortfalls by soliciting new donors and, yes, trying to find a buyer for that turn-of-of-the-century brownstone on 122nd Street. [Crain's; previously]
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