Saturday, February 25, 2017

St. Paul's considers landlord business to help pay for cathedral's mission

From Buffalo-

St. Paul's Episcopal Cathedral has spent a decade trying to figure out what to do with a 121-year-old parish house on Pearl Street that has sat mostly vacant since it moved its offices down the street.

At first, church leaders thought they would sell the four-story building. That wasn't successful.

Then, they looked at all the downtown redevelopment around them and saw a different opportunity to bring in more money – going into the landlord business.

Now, St. Paul's is seeking city approval to renovate the educational and office building at 128 Pearl St. into seven market-rate apartments and a first-floor commercial office suite.

More here-

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