If there's one thing that has become clear during the current luxury residential building boom, it's that Manhattan is no longer a place to not make a profit. Nonprofit organizations (the ones there are lucky enough to own their own properties, that is) are selling en masse, getting huge sums of money from eager developers of high-end housing. Among the groups that have divested themselves of their Manhattan headquarters are St. John's University, which sold a Tribeca dorm for $233 million, United Cerebral Palsy, which got $135 million for its East 23rd Street HQ, and many more, which can be found on the handy map we've compiled. (As always, feel free to leave any that we missed in the comments section.) For the purposes of keeping the map manageable, we've excluded churches — they already have their own map anyway.
· Nonprofits With Sought-After Buildings Take Advantage of a Hot Market [NYT]
· Nonprofits coverage [Curbed]
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