Collegiate Church redevelopment renderings Rendering of Collegiate Church property on theUpper West Side of Manhattan

NEW YORK CITY—Collegiate Church has sold two buildings, locatedat 260-262 W. 78th St. and the adjoining 378 West End Ave., to ajoint venture of Daishin Securities Co. Ltd. and Alchemy PropertiesInc. for $158 million.

The developers are building a new residential condominium,partly demolishing and partly preserving the existing structure.Construction is scheduled to begin in six months. The new projectis expected to include approximately 20,000 square feet ofamenities.

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Betsy Kim

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