Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Breaking News

Hadassah Sells Headquarters for $71M

Hadassah, the Women’s Zionist Organization of America, said it has sold its New York headquarters for $71.5 million.

The sale of the Midtown Manhattan building was approved by Hadassah’s board of directors on May 1, and a contract was signed a month later. The organization’s members will be asked to approve the sale at a special meeting in Dallas on July 17, according to a statement released by the organization.

The agreement gives Hadassah the right to use the building for up to three years.

“Hadassah is thrilled with the opportunity presented by this potential sale, which coincides with our 100th anniversary in 2012,” the organization’s president, Marcie Natan, said in a statement. “These exciting steps forward will allow us to find new, modern and upgraded space that will better serve our more than 330,000 members as we venture into our second century.”

Natan said that Hadassah leadership has been involved over the past nine months in the development of a strategic plan for its second century.

“Decisions regarding the allocation of funds will be addressed once the strategic plan has been finalized by the organization,” she said.

In late 2010, Hadassah agreed to return $45 million of the money it made in the Bernard Madoff scam. In early 2009, the organization laid off about a quarter of its national staff.

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.

Now more than ever, American Jews need independent news they can trust, with reporting driven by truth, not ideology. We serve you, not any ideological agenda.

At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and the protests on college campuses.

Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.

Make a gift of any size and become a Forward member today. You’ll support our mission to tell the American Jewish story fully and fairly. 

— Rachel Fishman Feddersen, Publisher and CEO

Join our mission to tell the Jewish story fully and fairly.

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.