Monday, December 28, 2009

Transcendental Meditation Fire Sale: More Prime Real Estate

This BusinessWeek article has the info on how TM slashed 33% off the asking price of their showcase Wall Street address for Global Country of World Peace.

While the group “could absolutely not be happier” with the building, a sale would benefit the non-profit’s charitable mission, Hagelin said in September. “Financial resources at that level would be a huge boost to us in fulfilling our various goals,” he said.

TMFB editor Mike Doughney recently speculated on a possible world-wide contraction of the Transcendental Meditation movement, as suggested by sales of a number of real estate holdings recently. He suggested this may be for the purposes of consolidating the movement in India.

Looking more likely every day....


No comments:

Post a Comment