Manhattan's Trinity Church, one of the richest individual parishes in the world due to its approximately $3 billion in real estate assets, has put its townhouse at 37 Charlton Street in Soho on the market for $12 million. The house was purchased at the request of the Rev. James Cooper when he became the church's rector in 2004. The church paid $5.5 million at the time. However, now that Cooper has been replaced, the church has decided that the new rector, the Rev. William Lupfer, will be able to make do in a $15,000/month apartment in Battery Park City with three terraces, and that the money from the sale of the townhouse could "be used to support Trinity's mission." Presumably that's in reference to its charitable mission, and not its mission of building a giant glassy condo tower in the Financial District.
· Listing: 37 Charlton Street [Stribling, via Streeteasy]
· Trinity Church coverage [Curbed]