Manhattan church brings in Norway fund as partner
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New York
LOWER Manhattan's Trinity Wall Street Episcopal Church reached an agreement in principle to bring in Norway's sovereign wealth fund as a partner for 11 of its office buildings in the borough's Hudson Square neighbourhood.
The church's governing body voted to proceed with the joint venture late Wednesday afternoon, Betsy Vorce, Trinity's chief communications officer, said by telephone. She declined to disclose financial details, saying that the deal still needs final review and documentation.
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