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June 27, 2024

The Confounding Market for Religious Real Estate

Empty houses of worship can’t be easily refilled.

In yesterday’s newsletter, we mentioned the decline of America’s mainline churches, a phenomenon that, inter alia, is leading to some lovely buildings falling into disuse. Yet it isn’t easy for them to be transformed into places of prayer for denominations that might be growing. Avital Chizhik-Goldschmidt recently discovered this in her and her husband’s attempt to find a home for a newly formed Jewish congregation in New York City:

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