November 3, 2014
Trinity Real Estate, the property arm of Trinity Church, oversees 5.5 million square feet of office space in buildings that it owns in the city, a $3 billion portfolio. But now the Episcopal church is looking to branch out into residential development for the first time since it received 215 acres of land in downtown Manhattan from Britain's Queen Anne over three centuries ago.
Led by Jason Pizer, Trinity Real Estate will build four luxury residential towers in Hudson Square and a part-residential tower near Wall Street, amounting to over 1 million square feet of residential space.
More on Trinity's plans here