From NYC-St. Michael's Episcopal Church is bucking the trend. As opposed to sacrificing itself at the altar of lucrative real estate projects, as is the norm these days, the 206-year-old house of worship on the Upper West Side is actually trying to untangle itself from a 2008 agreement with developers. The Times details the church's love-hate relationship with real estate. The good news: in 2005, when the church's 1895-built Romanesque home needed repairs, megadeveloper Extell paid $12.5 million for 70,000 square feet of air rights, which instigated the construction the kinda hated, once-home-to-Hasselbacks Ariel West tower on Broadway.
More here-
http://ny.curbed.com/archives/2014/06/24/for_once_a_manhattan_church_fights_not_to_build_condos.php
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