The House of Bishops Tuesday took up the proposal, previously approved by the House of Deputies, to sell the Episcopal Church headquarters in New York -- and decided it isn't time to sell without knowing where HQ would go.
The drab building operates at a net loss of $11 million a year, but it sits on choice real estate at 815 Second Avenue in New York City. The bishops voted to await a study, due in October, on what to do and where to go. You can read the full story on Episcopal News Service HERE.
There is one more full day of General Convention and then everyone can go home.