{"id":17547,"date":"2010-01-27T16:19:17","date_gmt":"2010-01-27T16:19:17","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/church_of_england_loses_40m_in_us_property_investment\/"},"modified":"2010-01-27T16:19:17","modified_gmt":"2010-01-27T16:19:17","slug":"church_of_england_loses_40m_in_us_property_investment","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=17547","title":{"rendered":"Church of England loses \u00c2\u00a340m in US property investment"},"content":{"rendered":"<p>The Church of England has lost \u00c2\u00a340m after a New York apartment complex deal it had invested in turned sour.<\/p>\n<p>In June 2007, when the property market was at its peak and the credit crunch was yet to arrive, the Church made investments in Stuyvesant Town and Peter Cooper Village, two Manhattan housing estates situated along the New York&#8217;s East River. But the projects incurred huge debts and collapsed when the US property bubble burst next year.<\/p>\n<p><a href=\"http:\/\/www.newstatesman.com\/business\/2010\/01\/church-property-england-deal\">Read the whole thing<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Church of England has lost \u00c2\u00a340m after a New York apartment complex deal it had invested in turned sour. In June 2007, when the property market was at its peak and the credit crunch was yet to arrive, the<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=17547\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36,40,50,209,74,389,149,600],"tags":[],"class_list":["post-17547","post","type-post","status-publish","format-standard","hentry","category-anglican-episcopal","category-economics-politics","category-international-news-commentary","category-americau-s-a","category-anglican-provinces","category-church-of-england-coe","category-economy","category-housingreal-estate-market"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/17547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17547"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/17547\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}