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Trinity Church on Wall Street. The real state division of Trinity Church on Wall St. (pictured here) sold one of its downtown office buildings to the Walt Disney Company.

NEW YORK CITY—Robert A. Iger, chair and CEO of the Walt Disney Company, and the Rev. Dr. William Lupfer, rector of Trinity Church Wall Street, announced Disney has purchased the rights to develop Trinity’s property at 4 Hudson Square in New York City. Disney will house its New York operations at the location for 99 years. The transaction was valued at $650 million.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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