The Interchurch Center

What The Interchurch Center does

The Interchurch Center is a 501(c)(3)-style nonprofit organization founded in 1960 that operates a 19-story, 600,000-square-foot Class A landmark office building at 475 Riverside Drive on Manhattan's Upper West Side, with a secondary address at 61 Claremont Avenue. The organization's core function is to provide below-market office leasing to mission-driven tenants, including ecumenical, educational, and philanthropic organizations. The technology footprint is limited to standard building management systems and a Matterport-powered 3D virtual tour on the website for remote prospect evaluation; there are no proprietary software products, APIs, or integrations. Tenant-facing amenities include conference space for 10–300 attendees, 24/7 access, included electricity and cleaning, underground parking, the Ruth Stafford Peale Library (17,000+ volumes on religious studies and ecumenism), the Aramark-operated Riverside Café, an art gallery with exhibit spaces, and music programming including the Wednesday Noon-Day Concert Series and choral groups.

The revenue model is overwhelmingly driven by recurring subscription-style monthly office lease payments from a curated tenant base of nonprofits and faith-based organizations. Café operations are outsourced to Aramark under a professional services arrangement and contribute ancillary, not core, revenue. Marketing is conducted through the company website, Matterport virtual tours, social channels (Facebook, Instagram, LinkedIn, YouTube), a monthly tenant newsletter (The Non-Profit Networker), and community events including art exhibits and concerts that double as public-facing brand-building. Distribution is direct: the leasing team handles inquiries, building tours, and suite-by-suite availability listings without intermediary brokers.

The competitive position rests on three pillars: (1) a structural cost advantage from below-market Class A pricing enabled by nonprofit status, (2) an ecosystem lock-in created by the curated community of mission-aligned tenants (e.g., Alcoholics Anonymous, Riverside Park Conservancy, Latino Justice PRLDEF, Lutheran organizations, Immigration Law & Justice NY), and (3) intangible assets including the landmark building and the specialized library collection. Headcount is reported at 1–10 employees, reflecting a lean operating model where facility management and food services are outsourced. No revenue figures, funding history, M&A activity, or financial ownership structure are disclosed.

Name

The Interchurch Center

Legal name

The Interchurch Center

Website

https://interchurch-center.org

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

1–10 employees

Short description

The Interchurch Center is a nonprofit operating a 600,000-square-foot Class A landmark office building at 475 Riverside Drive in Manhattan, offering below-market leasing and cultural amenities to a curated community of ecumenical, educational, and philanthropic nonprofit and faith-based tenants.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Others

Revenue model

1. Office Space Leasing: Rental income from leasing Class A office space to mission-driven organizations. The building offers flexible leasing with below-market rates targeting nonprofits and religious institutions.
2. Café Operations: The Riverside Café, operated by Aramark, provides food services to tenants and visitors

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

The Interchurch Center leases Class A office space in a 19-story, 600,000 square-foot landmark building on Manhattan's Upper West Side to nonprofit, ecumenical, and philanthropic organizations at significantly below-market rates. Tenants receive bundled services including conference space (10–300 attendees), electricity, cleaning, 24/7 building access, underground parking, on-site building management, and access to shared amenities such as the Ruth Stafford Peale Library, the Riverside Café operated by Aramark, art gallery exhibit spaces, and a weekly concert and choral music program.

Product overview

The Interchurch Center is a real estate and community services organization offering Class A office space leasing in a 19-story, 600,000 square-foot landmark building at 475 Riverside Drive, New York City. The organization provides below-market office leasing for mission-driven organizations, complemented by on-site amenities including a research library (Ruth Stafford Peale Library), a cafeteria (The Riverside Café), art gallery and exhibit spaces, and music programs including a concert series and choral groups. The portfolio consists primarily of core office space leasing services with supporting cultural and community amenities for tenants.

Differentiator

Problem solved

Functional benefit

Products and services

• Class A Office Space Leasing

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• AramarksupportingOthersAramark operates The Riverside Café within The Interchurch Center, providing food services including breakfast, lunch, catering options, and grab-and-go selections for tenants and visitors. Bernard Stokes serves as the on-site Chef.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• WeWork: WeWork operates flexible, shared office space across major cities and overlaps with TIC's offering of flexible office leasing, though WeWork targets a broader for-profit tenant base rather than mission-driven organizations.
• Industrious: Industrious provides flexible office space and meeting rooms in premium buildings across the U.S., comparable to TIC's flexible leasing and conference space offering, though focused on enterprise and for-profit clients.
• Convene: Convene operates meeting, conference, and flexible workplace venues with hospitality-driven amenities, overlapping with TIC's conference space (10–300 attendees) and on-site café/library amenities.
• IWG (Regus): IWG operates the Regus, Spaces, and HQ brands providing flexible office space globally. It is comparable to TIC in providing flexible office leasing and meeting space, though at much larger scale and broader tenant base.

Direct peers

• Mindspace: Mindspace operates premium flexible office spaces with hospitality-style amenities such as cafés and curated community events, comparable to TIC's combination of Class A office space, on-site café, library, and curated programming.
• WorkHouse: WorkHouse provides shared and private office space in NYC with flexible leases and on-site amenities, directly comparable to TIC's flexible Class A office leasing in Manhattan.

Regional players

• The Yard: The Yard operates coworking and office space locations in NYC and other cities with hospitality-driven amenities and community programming, overlapping with TIC's flexible office leasing and curated community model.

Emerging players

• Civic Innovation Collaborative: Civic-oriented coworking and innovation hubs focus on hosting nonprofits, civic tech, and mission-driven organizations in shared spaces, comparable to TIC's curated nonprofit/faith-based tenant community.

Others

• Federal Realty Investment Trust: Federal Realty is a large REIT operating mixed-use office and retail properties in major metros. While a much larger for-profit operator, its office leasing model is comparable in structure to TIC's operator-of-nonresidential-building role.
• Boston Properties: Boston Properties is a major office-focused REIT operating Class A office buildings in NYC and other gateway markets, comparable to TIC as an operator of a Class A Manhattan office asset.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCwYSeG2u09tnzroDdoOq5aw
• Facebookfacebook.com/InterchurchCenter
• LinkedInlinkedin.com/company/interchurch-center
• Instagraminstagram.com/interchurchcenter/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Interchurch Center