The New York Genealogical and Biographical Society (NYG&B) plans to sell the society's headquarters building in Manhattan. The Society management and the Board of Directors have approved the sale, and the action now goes to the membership for an approval vote, to be held October 12. The Society has been in the building at 122 East 58th Street since 1929.
The Hampton Synagogue has offered $24 million for the building. If the sale is approved, the building will be converted into a Jewish synagogue. However, NYG&B will be allowed to occupy the building for another two years while looking for a new home, probably in Manhattan.
In a letter to members, NYG&B board chairman Henry C. B. Lindh noted the lack of funds for urgently needed upgrades to the building's systems and said that the sale will allow the organization to devote available resources "to the research and education that are the core of [its] mission."
The NYG&B was founded in 1869. Other organizations that rent space in its building are the Holland Society of America, the Huguenot Society of America, and the Society of Mayflower Descendants in the State of New York.