Coun­cil of Jewish Women sells build­ing for $6.5 mil

Bayview Post - - News -

Af­ter 53 years at 4700 Bathurst St., the Na­tional Coun­cil of Jewish Women of Canada (NCJWC) has de­cided to sell its build­ing and find a new home, cit­ing de­clin­ing mem­ber­ships, de­creased rev­enue, and build­ing dis­re­pair.

For years, the coun­cil rented the up­stairs spa­ces to prom­i­nent Jewish or­ga­ni­za­tions such as the B’nai B'rith Youth Or­ga­ni­za­tion, the Weiz­mann In­sti­tute and Zareinu. How­ever, the rental spa­ces have been sit­ting mostly empty for about three years, save for one ten­ant, the Is­raeli Cul­tural Foun­da­tion, still rent­ing a small spot, ac­cord­ing to Ena Cord, im­me­di­ate past pres­i­dent of the NCJWC.

“We lost a cou­ple of our prin­ci­pal ten­ants up­stairs, so our rev­enue was de­creas­ing,” said Cord. “We could not af­ford to put money into the build­ing to bring it up to stan­dard for rent.”

In Jan­uary, the board de­cided to open up its oneacre prop­erty to bids on the mar­ket, with the help of Col­liers In­ter­na­tional. By June, they had re­ceived six bids for the prop­erty. They went with an of­fer of $6.5 mil­lion from Front Door De­vel­op­ments, who in­tend to de­velop a mid-rise apart­ment build­ing on the site.

This sale co­in­cides with the 120th an­niver­sary of the NCJWC. The coun­cil was the first women’s or­ga­ni­za­tion in Canada and was es­tab­lished in Toronto. The or­ga­ni­za­tion has grown to en­com­pass chap­ters in Win­nipeg, Ed­mon­ton and Van­cou­ver. The NCJWC is cur­rently work­ing with Col­liers to find a build­ing to move into; it has been given 18 months to set­tle on a new lo­ca­tion.

“We’re con­tin­u­ing to be strong and vi­tal as we move for­ward,” said Cord. “How­ever, not in the build­ing that we have been in for 53 years.”

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