JTS Made $100M Selling Its Air Rights. Will It Give Some Money To Its Neighbors?

Ari Feldman July 18, 2018 In 2015, Union Theological Seminary, a venerable Protestant institution in Manhattan, announced it would be opening up its campus to luxury condominium development to help pay for $125 million worth of repairs and upgrades. In late 2017, after prodding from a local community group, the school pledged $5 million to help keep local residents from being priced out of their neighborhood. … Continue reading JTS Made $100M Selling Its Air Rights. Will It Give Some Money To Its Neighbors?