Why is this building significant?
With its peaked roofline, corner turret, and tall, slim windows, this High-Victorian Gothic building comprises an imposing and distinctive component of a religious campus built by the Roman Catholic Church. The four-story structure made of red brick, sandstone, and terra cotta served as a convent, set alongside a school, rectory, and the Church of the Annunciation of the Blessed Virgin Mary.
What did the New York Landmarks Conservancy do?
After buying the former convent from New York City in 1989, a group of young homeowners created the Convent Housing Development Fund and, at first, resolved to convert the building themselves. When that proved overwhelming, they were referred to us. We initially provided $85,000 in loans and grants to assist in creating an 11-unit, limited-equity-co-op and helped find a preservation architect for the project. We later assisted the co-op in obtaining a $776,210 grant from the State Housing Trust Fund and provided a $185,000 low-interest loan.