AiF was asked to create a new worship facility for a longstanding baptist congregation within the northern Manhattan community of Inwood. At 8,000 SF, the program includes a new sanctuary, fellowship hall, classrooms, and administrative offices.
Countless for-profit developers had offered to purchase their property, and possibly even provide them with a new community facility space. But that just meant gentrification of the neighborhood. It wasn’t until Riseboro, a citywide nonprofit affordable and supportive housing developer focused on senior wellness, offered a unique partnership that they saw a path forward that satisfied both financial and values-driven requirements.
A deal was struck to purchase the property, which nestles into a
steep hillside opposite Fort Tryon Park, for $8 million. Of that, they were presented a new 5500 SF facility and still got $3.5 million to put away in reserves, giving them the financial footing to secure their future and create a path to pursue their mission-driven community engagement more aggressively.
Now, nestled deeply into The Hillside, the 164-unit all-affordable
senior Passive House community above, they have over 200 new neighbors upstairs – many of whom have engaged the church for worship or for joining on community engagement initiatives, including their active Neighborhood Food Pantry, local Al-Anon meetings, family therapy, social services, and more.