The Aporia
Long, M. (2026, September 17). New York Is Holding $19 Million That Belongs to These Nuns. The Free Press. https://www.thefp.com/p/new-york-is-holding-19-million-from-nuns
Long, Madeleine. “New York Is Holding $19 Million That Belongs to These Nuns.” The Free Press, 17 Sept. 2026, https://www.thefp.com/p/new-york-is-holding-19-million-from-nuns.
Long, Madeleine. “New York Is Holding $19 Million That Belongs to These Nuns.” The Free Press, September 17, 2026. https://www.thefp.com/p/new-york-is-holding-19-million-from-nuns.
Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.
In 2024, the Sisters of the Congregation of Divine Providence, a small Catholic religious order based in Kentucky, sold Jeanne d’Arc Residence in Manhattan for $22.5 million to Red Apple Group, led by billionaire John Catsimatidis. The sale was necessary due to unaffordable repairs and the impact of the pandemic on their aging community. Under New York state law, a charity must obtain approval from the attorney general or a court before selling significant assets. After reviewing the deal, New York Attorney General Letitia James approved the sale but refused to release the remaining $19.3 million in sale proceeds, holding it for over two years without explanation. This has left the nuns unable to access funds that were meant to cover carrying costs and expenses totaling nearly $446,000 in state property taxes and real-estate broker fees. The sisters have been operating on a shoestring budget since closing the residence in 2021, making this financial hold-up particularly challenging for them.