Francis Greenburger is the definition of a Renaissance man. Beyond running the full-service real estate firm Time Equities, Inc., he also helms the Greenburger Center for Social and Criminal Justice, he serves as Chairman of the literary agency Sanford J. Greenburger Associates, Inc., and he is also deeply involved with the OMI International Arts Center—and this is on top of the numerous non-profits he consults for. So where does one person find the time for so many activities? CityRealty has got the answer from the man himself. Ahead Mr. Greenburger discusses his day job, his extracurriculars, and above all, what it’s like to have a hand in the transformation of FiDi from a place of work to a destination for luxury living with his new tower 50 West.
Archdiocese of New York Sells off St. Patrick’s School in Little Italy for $32M, Makes Way for Condos, Thu, September 4, 2014
On Christmas Eve 2013, the cash-strapped Archdiocese of New York put St. Patrick’s Old Cathedral School on the market for $29 million. Now it looks like Time Equities has purchased the Little Italy property, throwing down $32 million, according to city records filed today (233 Mott and 32 Prince).
Plans to turn the school into condos have been in the works since October 2013, when it was reported that the building was in the process of being sold off to Hamlin Ventures, with re-vamps provided by Marvel Architects. Though records show Time as the buyer, the two developers are joining forces to turn the sprawling 14,925-square-foot former orphanage/convent/school into two single-family homes and eight luxury condos.