The Real Deal reports (via Curbed):
Two thirds of a 15,000-square-foot East Village playground that was home to a popular flea market is under contract in a quiet, all-cash sale for $10.4 million to the Archdiocese of New York, court documents said.
The playground, divided into three ownership lots, is adjacent to the shuttered Mary Help of Christians Catholic Church on the east side of Avenue A between 11th and 12th streets. The Archdiocese owns the church located on a 13,000 square foot lot, city records show.
The Archdiocese did not respond to requests for comment, but real estate professionals speculated the church parcel and playground would be sold and developed into residential housing.
For further reading:
The Church Ladies (The New York Times)
[Photo: Ozier Muhammad/The New York Times]