Chabad Buys Manhattan Building for $42M

By JTA

Published September 07, 2012.
  • Print
  • Share Share

Chabad has purchased a building in midtown Manhattan for $42 million.

In its announcement, 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 programming and oversees the activities of seven Chabad centers in Manhattan. It also includes 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.


The Jewish Daily Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. In the interest of maintaining a civil forum, The Jewish Daily Forwardrequires that all commenters be appropriately respectful toward our writers, other commenters and the subjects of the articles. Vigorous debate and reasoned critique are welcome; name-calling and personal invective are not. While we generally do not seek to edit or actively moderate comments, our spam filter prevents most links and certain key words from being posted and The Jewish Daily Forward reserves the right to remove comments for any reason.





Find us on Facebook!
  • Undeterred by the conflict, 24 Jews participated in the first ever Jewish National Fund— JDate singles trip to Israel. Translation: Jews age 30 to 45 travelled to Israel to get it on in the sun, with a side of hummus.
  • "It pains and shocks me to say this, but here goes: My father was right all along. He always told me, as I spouted liberal talking points at the Shabbos table and challenged his hawkish views on Israel and the Palestinians to his unending chagrin, that I would one day change my tune." Have you had a similar experience?
  • "'What’s this, mommy?' she asked, while pulling at the purple sleeve to unwrap this mysterious little gift mom keeps hidden in the inside pocket of her bag. Oh boy, how do I answer?"
  • "I fear that we are witnessing the end of politics in the Israeli-Palestinian conflict. I see no possibility for resolution right now. I look into the future and see only a void." What do you think?
  • Not a gazillionaire? Take the "poor door."
  • "We will do what we must to protect our people. We have that right. We are not less deserving of life and quiet than anyone else. No more apologies."
  • "Woody Allen should have quit while he was ahead." Ezra Glinter's review of "Magic in the Moonlight": http://jd.fo/f4Q1Q
  • Jon Stewart responds to his critics: “Look, obviously there are many strong opinions on this. But just merely mentioning Israel or questioning in any way the effectiveness or humanity of Israel’s policies is not the same thing as being pro-Hamas.”
  • "My bat mitzvah party took place in our living room. There were only a few Jewish kids there, and only one from my Sunday school class. She sat in the corner, wearing the right clothes, asking her mom when they could go." The latest in our Promised Lands series — what state should we visit next?
  • Former Israeli National Security Advisor Yaakov Amidror: “A cease-fire will mean that anytime Hamas wants to fight it can. Occupation of Gaza will bring longer-term quiet, but the price will be very high.” What do you think?
  • Should couples sign a pre-pregnancy contract, outlining how caring for the infant will be equally divided between the two parties involved? Just think of it as a ketubah for expectant parents:
  • Many #Israelis can't make it to bomb shelters in time. One of them is Amos Oz.
  • According to Israeli professor Mordechai Kedar, “the only thing that can deter terrorists, like those who kidnapped the children and killed them, is the knowledge that their sister or their mother will be raped."
  • Why does ultra-Orthodox group Agudath Israel of America receive its largest donation from the majority owners of Walmart? Find out here: http://jd.fo/q4XfI
  • Woody Allen on the situation in #Gaza: It's “a terrible, tragic thing. Innocent lives are lost left and right, and it’s a horrible situation that eventually has to right itself.”
  • from-cache

Would you like to receive updates about new stories?




















We will not share your e-mail address or other personal information.

Already subscribed? Manage your subscription.