web analytics
July 29, 2014 / 2 Av, 5774
Israel at War: Operation Protective Edge
 
 
News & Views
Sponsored Post
IDC Advocacy Room IDC Fights War on Another Front

Student Union opens ‘hasbara’ room in effort to fill public diplomacy vacuum.



Chabad Buys Manhattan Building for $42 Million

By: JTA

Chabad said it had been renting the 12-story, 60,000-sq.-ft. building at 509 Fifth Avenue for the past 16 years, before it bought it on Thursday. The building has a synagogue, offers programs and oversees the activities of seven Chabad centers in Manhattan. It also includes a vacant space.

“We are extraordinarily grateful to God for this enormous blessing,” Rabbi Joshua Metzger, executive director of Chabad of Midtown Manhattan, said in a statement. “This record-breaking acquisition presents enormous opportunities and an awesome responsibility to ensure that all of our Jewish brethren in the heart of one of the largest cities of the world are cared for and inspired.”

In April, 2010, the New York Post reported, Metzger filed a $30 million lawsuit in New York State Supreme Court against real estate investors David Werner and Amram Kass. Metzger alleged that he discussed with them his desire to buy the building but was subsequently cut out from its purchase. The suit also was filed against the building’s then-owner, 509 Fifth Avenue Associates Owner, which includes Norman Sturner of Murray Hill Properties, the Post reported.

Werner, Metzger alleged, was a matchmaker between seller Joseph Moinian and Sturner, who bought the structure for $32 million, according to the Post.

In January, 2012, Sturner’s ownership group filed a $9 million suit against several groups, including the Chai Foundation – a Chabad operation — and Metzger. It alleged that Metzger had not paid rent and was in the process of being evicted when another company had signed the contract to buy the building for $39 million – a deal that fell through in December, 2011, according to the Post.

About the Author:


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

Please use the Facebook Tab below to leave your comment:

7 Responses to “Chabad Buys Manhattan Building for $42 Million”

  1. Charlie Hall says:

    That is a HUGE amount of money — especially considering that there is another Orthodox synagogue five blocks away.

  2. It's not fair to compare a Chabad Center with a wide range of services and programs to a regular Orthodox Synagogue. If the supporters of this center have provided the funding for such a purchase it's a clear indication that they've proved their worth.

  3. Chavi Swidler Eisenberg says:

    This is not for a new Chabad Center. The midtown Chabad has been in this location for 2 decades.

  4. Charlie Hall says:

    The shul 5 blocks away is a minyan factory. Just look at their michah schedule:

    http://godaven.com/detail.asp?Id=1799&Name=10018

  5. It's gasut haruach for sure

  6. Do you really think that a Chabad Centeris just a different kind of Synagogue? It's usually an educational and cultural center more like a JCC except that it's centered around religion not a gym.

Comments are closed.

SocialTwist Tell-a-Friend

Loading Facebook Comments ...
Loading Disqus Comments ...
Current Top Story
rocket in a field near Kibbutz Mefalsim
Heaven on Earth (With Rockets)
Latest News Stories

Hamas has been promoting martyrdom on TV. And the more dead bodies they can show, the better.

Protecting a young baby from rocket fire when the Code Red rocket alert siren sounds

A mother protects her baby as a siren goes off near the Gaza border.

Gaza’s Hamas rulers are battling the IDF — and now facing internal dissension as well, as families start protesting their ruined lives.

Half the population gone at any one time, but residents of Gaza Belt remain strong.

IDF soldiers are fighting in Gaza; Israelis are holding firm as massive rocket fire continues at home.

UNRWA has found a third set of rockets in a one of their schools. We’re sure they’re shocked.

A radar system might stop mortar attacks, but that doesn’t change the truism that “the best defense is a good offense.”

“He had a hopped-up ‘cycle that took off like a gun/That fool was the terror of Highway 101 – ‘ from the song “Black Denim Trousers.”

The Givati Brigade has foiled another attempted infiltration via a tunnel into Israel, killing five terrorists who might have murdered hundreds of Israelis.

PLO officials say ‘all’ terror factions agree to a 72 cease fire, but rocket fire continues as usual.

The lights are out again in Gaza, but it’s not clear who is responsible this time around. Does it matter?

There’s a battle going on for Jerusalem’s soul, and Cinema City proves you don’t need to compromise on Shabbat or Kashrut to be a success.

Global anti-Semitism is doing the ‘Gaza Strip’ and unveiling itself, no longer needing an excuse to hide.

While Israelis couldn’t sleep in Rishon Lezion, IDF pilots were busy making sure Gaza terrorists were awake Monday night as well.

Without fanfare, supermarket magnate Rami Levy has been quietly unloading truckloads of food and basics at the homes of all the fallen soldiers…

More Articles from JTA

A chief rabbi of the Netherlands said unidentified individuals hurled stones at his home in what he said was the second anti-Semitic attack on him in a week. Rabbi Binyomin Jacobs said the latest attack took place at 5 a.m. Thursday, when two stones were hurled through a window of his home in Amersfoort. An earlier incident outside his home […]

Wave of anti-Semitic graffiti, physical attacks spreads, this time to University of Oregon

Police in Berlin say about 1,000 demonstrators, most of them Palestinian, held an unregistered march protesting Israel’s actions in Gaza. Up to ten demonstrators were arrested for breach of the peace and for trying to forcibly free others already arrested in Saturday’s melee, a police spokesperson said. Rocks were thrown during the disturbance and a police officer was struck but […]

Leftists talk “peace” in Tel Aviv, but Arab family won’t accept condolence visit from Peres

38 year old man beaten with metal bars; Third of Malmö residents from Muslim-majority countries

A Jewish-Muslim family from Syria escaped from the country’s civil war to Israel.

From Australia to Argentina, Jewish communities mourn latest Palestinian atrocity.

    Latest Poll

    Do you think the FAA ban on US flights to Israel is political?






    View Results

    Loading ... Loading ...

Printed from: http://www.jewishpress.com/news/breaking-news/chabad-buys-manhattan-building-for-42-million/2012/09/08/

Scan this QR code to visit this page online: