{"id":307433,"date":"2026-07-28T08:57:28","date_gmt":"2026-07-28T08:57:28","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/307433\/"},"modified":"2026-07-28T08:57:28","modified_gmt":"2026-07-28T08:57:28","slug":"nyc-approves-parish-to-sell-air-rights","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/307433\/","title":{"rendered":"NYC Approves Parish to Sell \u2018Air Rights\u2019"},"content":{"rendered":"<p class=\"p1\">St. Mark\u2019s Church-in-the-Bowery, a Manhattan parish that Alexander Hamilton helped <a href=\"https:\/\/stmarksbowery.org\/history\" target=\"_blank\" rel=\"noopener nofollow\">incorporate<\/a>, was granted approval to sell its \u201cair rights\u201d on July 21 by New York City\u2019s Landmarks Preservation Commission.<\/p>\n<p>\u201cIn New York, you own not just your lateral space, but also your vertical space,\u201d explains the Rev. Anne Marie Witchger, rector of the historic parish.<\/p>\n<p class=\"p1\">\u201cFor a building like St. Mark\u2019s, a historic building, we own the property on which our building sits\u2014our building and our grounds\u2014but then we also own the space above our heads\u2026which means that in theory we could have chosen to build a much larger building.\u201d<\/p>\n<p class=\"p1\">The unique New York City mechanism, officially called transferable development rights (TDRs), allows the parish to transfer 27,000 square feet, or about 20 percent of its development rights.<\/p>\n<p>A development purchasing TDRs from what is called a granting site allows it to build a taller structure than what is permitted by zoning regulations.<\/p>\n<p class=\"p1\">Witchger said the sale will allow the church to direct all operating income and pledges toward mission, rather than expensive repairs and renovations (some of which require approval and oversight by the preservation agency) that could strain the church\u2019s limited resources.<\/p>\n<p class=\"p1\">\u201cWe don\u2019t have to worry about these vital repairs anymore\u2026instead, we can say, we \u2018have these things covered.\u2019 We can keep our building in sound repair, and we can continue to do the vital mission work and ministry work that we\u2019ve been doing for so long,\u201d Witchger told The Living Church.<\/p>\n<p class=\"p1\">Describing St. Mark\u2019s financial situation as similar to a household \u201cliving paycheck to paycheck,\u201d Witchger said thinking about the long-term sustainability of Manhattan\u2019s second-oldest church building had been very difficult.<\/p>\n<p class=\"p1\">\u201cWe have struggled to plan for the long-term care for our building, and even things like\u2026a leak or an emergency repair that needs to happen can often throw our whole budget into uncertainty,\u201d the rector said.<\/p>\n<p class=\"p1\">The sale will be finalized by year\u2019s end, and until then, specifics of the agreement, including the amount of the sale, cannot be disclosed.<\/p>\n<p class=\"p1\">St. Mark\u2019s current building was consecrated in May 1799 and sits on land purchased by Petrus Stuyvesant a century earlier. The church hosts 12-step groups, children\u2019s programs and outreach programs throughout the week, and the churchyard is open for public use.<\/p>\n<p class=\"p1\">\u201cWe\u2019re an incredibly active space and a vibrant worshiping community\u2026 but we do all of that and we\u2019ve historically done all of that with very humble resources,\u201d Witchger said.<\/p>\n<p class=\"p1\">A system in place since the 1960s for landmarked properties, TDRs could be <a href=\"https:\/\/www.nyc.gov\/content\/planning\/pages\/our-work\/plans\/citywide\/transferable-development-rights\" target=\"_blank\" rel=\"noopener nofollow\">transferred<\/a> to a development in front of or adjacent to a landmarked property through a special permit. Selling the rights could have a physical impact on the space.<\/p>\n<p class=\"p1\">But in December 2024, the New York City Council <a href=\"https:\/\/www.gtlaw.com\/en\/insights\/2025\/1\/nyc-zoning-updates-city-of-yes-reshapes-housing-development-rules\" target=\"_blank\" rel=\"noopener nofollow\">approved<\/a> a housing resolution updating zoning laws across the city. The new guidelines expanded which developments could receive TDRs.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-102028 size-medium\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/07\/Screenshot-2026-07-26-at-22.28.26-300x194.png\" alt=\"\" width=\"300\" height=\"194\"  \/>Source: Landmarks Preservation Commission<\/p>\n<p class=\"p1\">St. Mark\u2019s, located on East 10th Street and Second Avenue, is the granting site in this arrangement. It will transfer its rights to a housing development along Third Avenue, a location that is neither in front of nor adjacent to the parish. Both sites are in the East Village neighborhood where the median <a href=\"https:\/\/leaseswap.nyc\/rent\/manhattan\/east-village\" target=\"_blank\" rel=\"noopener nofollow\">rent<\/a> for a one-bedroom apartment is $3,995.<\/p>\n<p class=\"p1\">Witchger said the response from parishioners and the community to the sale had been supportive. Both the Standing Committee of the Diocese of New York and Bishop Matthew Heyd also gave their formal approval.<\/p>\n<p class=\"p1\">Heyd said he is proud of what St. Mark\u2019s has accomplished. \u201cOur story is renewal. Stewardship of our property is so important to the vibrant future of our local communities,\u201d Heyd told TLC.<\/p>\n<p class=\"p1\">A diocesan resolution stipulates that 10 percent of the proceeds will be tithed to the diocese to help meet congregational property needs and lower health care costs for congregations and clergy. Thirty percent of the proceeds is <a href=\"https:\/\/www.nyc.gov\/assets\/lpc\/downloads\/pdf\/presentation-materials\/20260721\/131-East-10th-Street.pdf\" target=\"_blank\" rel=\"noopener nofollow\">set aside<\/a> for a maintenance plan, the progress of which will be inspected by the commission every 10 years.<\/p>\n<p class=\"p1\">The diocese noted that other Manhattan parishes have announced air rights agreements, including St. Bartholomew\u2019s in Midtown Manhattan, which sold its TDRs to JPMorgan Chase for its new headquarters along Park Avenue.<\/p>\n<p class=\"p1\">According to commission chair Lisa Kersavage, the approval given to St. Mark\u2019s is the first for a faith-based organization since new zoning changes were implemented.<\/p>\n<p class=\"p1\">\u201cBy making it easier for landmarks like St. Mark\u2019s-in-the-Bowery Church to transfer development rights to nearby sites, the City is helping property owners, including religious institutions, fund essential maintenance while supporting new residential development citywide,\u201d Kersavage told TLC.<\/p>\n<p><a class=\"m-a-box-avatar-url\" href=\"https:\/\/livingchurch.org\/author\/caleb-galaraga\/\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" width=\"100\" height=\"100\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/03\/IMG_6360_Preview-100x100.png\" class=\"attachment-100x100 size-100x100\" alt=\"\" itemprop=\"image\"  \/><\/a><\/p>\n<p>Caleb Maglaya Galaraga is The Living Church\u2019s Episcopal Church reporter. His work has also appeared in Christianity Today, Broadview Magazine, and Presbyterian Outlook, among other publications.<\/p>\n","protected":false},"excerpt":{"rendered":"St. Mark\u2019s Church-in-the-Bowery, a Manhattan parish that Alexander Hamilton helped incorporate, was granted approval to sell its \u201cair&hellip;\n","protected":false},"author":2,"featured_media":307434,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[44564,68651,9,56,63,65,64,116291],"class_list":["post-307433","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-church-property","tag-diocese-of-new-york","tag-new-york","tag-ny","tag-nyc","tag-nyc-headlines","tag-nyc-news","tag-parish-life"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/307433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=307433"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/307433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/307434"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=307433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=307433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=307433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}